Clearway Energy Begins Work on 419 MW Texas Wind Farm Updated On Tue, May 14th, 2019 by Saurenergy San Francisco-based clean energy group, Clearway Energy Group has announced that it has closed financing and commenced construction on Mesquite Star, a 419 MW wind farm in Fischer and Nolan counties in Texas. Mizuho Bank of Japan led the group of banks including KeyBank, MUFG, and Santander, that will provide a loan to finance the […] Read more
Tata Power Inks Pact with MGL to Expand Footprints in e-mobility, Other Services Updated On Mon, May 13th, 2019 by Saurenergy This deal is the fourth major partnership of an electric utility company with an energy retailer to further expand its presence in the e-mobility space. In order to become future ready, utility giant Tata Power has entered into an agreement with one of the country’s leading city gas distribution companies, Mahanagar Gas Ltd (MGL), to […] Read more
Arctech Launches New Single-Axis Tracker ‘SkySmart-2’ Updated On Mon, May 13th, 2019 by Saurenergy The world’s first tracking system compatible with 1500V four-string systems. Arctech Solar, a leading solar tracking and tracking system provider, has launched its latest research achievement SkySmart-2, the industry’s first independent single-axis tracking system which introduces multiple fans driving up to 120 solar modules. It can solve the instability problem of regular 2P (two modules […] Read more
Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […] Read more
Carbon Taxes are the Best Way to Cut GHG Emissions: Report Updated On Mon, May 6th, 2019 by Saurenergy An IMF Executive Board review of the fiscal policies for Paris climate strategies and discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
