Great First Three Months of 2021: Installed Wind Power in U.S. up by 40% Updated On Tue, May 18th, 2021 by Saurenergy The American Clean Power Association (ACP) released its Clean Power Quarterly Market Report last week, which shows that U.S. project developers installed nearly 40% more wind power in the first three months of 2021 than in the first three months of 2020, the strongest year ever for clean power. This amount of development also represents nearly […] Read more
Enel Green Power Begins Constructing 180 MW Wind Farm in Spain Updated On Tue, May 18th, 2021 by Saurenergy The Italian renewable energy firm, Enel Green Power España (EGPE) yesterday announced the commencement of the construction of its new 180 MW wind farm located in Villar de Los Navarros in Zaragoza, Spain. The new wind farm has been named The TICO WIND plant which involves an investment of Euro 181 million and is expected […] Read more
“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge Updated On Tue, May 18th, 2021 by Saurenergy Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
DCPSC Awards Contract to Study Integration of Distributed Energy Resources in the District Updated On Mon, May 17th, 2021 by Saurenergy Award will subcontract 63% of the contract value to certified business enterprises The Public Service Commission of the District of Columbia (Commission) has awarded a contract to Synapse Energy Economics, Inc. (Synapse) to conduct a study on how distributed energy resources (DERs) can help the District achieve its clean energy goals of 100% renewable energy by […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
‘Fit-for-55’; Need More Than Targets to Boost Wind Energy: WindEurope Updated On Mon, May 17th, 2021 by Saurenergy With its ‘Fit-for-55 Package’ the European Union wants to create the right framework for an emission reduction of 55% by 2030 and set the course for carbon neutrality by 2050. The package will include a higher renewable energy target, but targets alone won’t deliver the wind volume Europe needs. WindEurope outlines the wind industry’s key […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
Activate Renewables Launches with a $500 Million Capital Commitment to Acquire Renewable Energy Real Estate Updated On Fri, May 14th, 2021 by Saurenergy Accelerate Real Asset Management announced today it has launched a new joint venture to invest in renewable energy infrastructure. Activate Renewables will acquire real estate and royalty interests associated with utility-scale solar, wind and energy storage facilities located across the United States. Activate will focus on the acquisition of real property interests directly from landowners […] Read more
