Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr Updated On Sat, Feb 22nd, 2020 by Saurenergy India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Global CO2 Emissions Flatlined in 2019, Thanks to Expanding Role of Renewables Updated On Tue, Feb 11th, 2020 by Saurenergy Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to the IEA Despite widespread expectations of another increase, global energy-related carbon dioxide (CO2) emissions stopped growing in 2019, according to new IEA data released recently. After two years of growth, global emissions were unchanged at 33 gigatonnes in 2019 […] Read more
Sub-Saharan African Nations saw Record Jump in Renewables Investments in 2018: BNEF Updated On Mon, Feb 10th, 2020 by Saurenergy The year 2018 saw USD 2.8 billion spent on RE projects in sub-Saharan Africa – a regional record and some USD 600 million more than the previous year The year 2018 saw USD 2.8 billion spent on renewable (RE) projects in sub-Saharan Africa (excluding South Africa) – a regional record and some USD 600 million […] Read more
Could Renewables Displace Conventional Fuels in Asia in 2020s? Updated On Fri, Feb 7th, 2020 by Saurenergy In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Duke Energy Renewables’ Largest Solar Project in Texas now Online Updated On Fri, Jan 31st, 2020 by Saurenergy Duke Energy Renewables has announced that its 100-megawatt Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 100-megawatt (MW-alternating current) Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. It is Duke Energy’s second solar project in commercial operation […] Read more
EDF Renewables and SITAC Commission 105 MW Wind Plant in India Updated On Thu, Jan 30th, 2020 by Saurenergy EDF Renewables and its India operations partner the SITAC Group have announced the commissioning of the 105 MW Verdant wind project in India. EDF Renewables and its partner for wind power generation in India, the SITAC Group, have announced the commissioning of the Verdant project, a new wind farm of 105 MW installed capacity in […] Read more
Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019 Updated On Tue, Jan 28th, 2020 by Saurenergy Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […] Read more
