Invenergy, EPM Sign Renewable Deal for 400 MW Capacity in Colombia Updated On Fri, Nov 29th, 2019 by Saurenergy EPM has signed a strategic agreement with Invenergy to develop and build at least 400 MW of solar and wind projects in Colombia over the next 6 years. Colombian power utility Empresas Publicas de Medellin (EPM) has announced that it has signed a strategic agreement with US-based Invenergy to develop and build at least 400 […] Read more
Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn Updated On Thu, Nov 28th, 2019 by Saurenergy Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […] Read more
Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report Updated On Wed, Nov 27th, 2019 by Saurenergy A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Adani Green Energy’s Ashish Garg Resigns as CFO Updated On Tue, Nov 26th, 2019 by Saurenergy Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […] Read more
Clean Energy Investments in Developing Nations Falls Post Slowdown in China Updated On Tue, Nov 26th, 2019 by Saurenergy A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […] Read more
Renewables to Surpass Coal in US by 2021, Says IEEFA Updated On Mon, Nov 25th, 2019 by Saurenergy In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […] Read more
Renewable Power Capacity in Croatia to Reach 1.9 GW by 2030 Updated On Mon, Nov 25th, 2019 by Saurenergy Croatia has decided to increase the share of renewable energy to 36.4 percent of total consumption by 2030 and is expected to reach 1.9 GW by 2030 The enormous renewable energy potential of Croatia has prompted the government to increase the share of renewable energy in its total energy consumption to 36.4 percent by 2030. […] Read more
NextEra Energy Commissions Shaw Creek Solar Plant in South Carolina Updated On Tue, Nov 19th, 2019 by Saurenergy NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility in South Carolina. NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility, the Shaw Creek Solar Energy Center in Aiken, South Carolina. Shaw Creek is owned and operated by a subsidiary of […] Read more
