Leyline Partners With Momentum to Invest in Growing Energy Storage Market Updated On Mon, Feb 8th, 2021 by Saurenergy Leyline Renewable Capital, a leading provider of pre-construction debt and equity capital for renewable energy development, announced a new partnership with Momentum Energy Storage Partners, an energy storage developer based in Columbus, Ohio. Leyline’s funding will facilitate the development of numerous renewable energy projects across the United States, including existing endeavours underway within the Pennsylvania, Jersey and Maryland Power Pool (PJM) […] Read more
Iberdrola Acquires 3 GW Offshore Wind Pipeline in Ireland Updated On Sat, Feb 6th, 2021 by Saurenergy Iberdrola has added to its offshore wind as coast of Co Cork and the Clarus project on the west coast of Co Clare, both to be developed with floating offshore wind technology. Additionally, the Shelmalere project will be located off the east coast and will be developed using fixed foundations. Once operational, the projects will […] Read more
Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’ Updated On Sat, Feb 6th, 2021 by Saurenergy The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […] Read more
Ford Raises Investment in EV & AV Leadership Up To $29 Billion Updated On Fri, Feb 5th, 2021 by Saurenergy US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […] Read more
Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac Updated On Fri, Feb 5th, 2021 by Saurenergy Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […] Read more
1 in 6 Passenger Cars Registered in EU in Q4 was Electrically-Chargeable Updated On Fri, Feb 5th, 2021 by Saurenergy In Q4 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). In the fourth quarter (Q4) of 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). Stimulus packages introduced by governments to boost demand, following […] Read more
Siemens Gamesa Selected for 3.1 GW East Anglia Hub Offshore Project Updated On Thu, Feb 4th, 2021 by Saurenergy SPR has selected Siemens Gamesa as the preferred bidder to supply and install offshore wind turbines at the GBP 6.5 billion East Anglia Hub. ScottishPower Renewables (SPR), a part of the Iberdrola Group, has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred bidder to supply and install some of the world’s most powerful and […] Read more
Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda Updated On Wed, Feb 3rd, 2021 by Saurenergy The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […] Read more
Energy Transformation in Southern Africa Boosted by IRENA & SACREEE Agreement Updated On Wed, Feb 3rd, 2021 by Saurenergy The two organisations will work on building regional capacity and attracting sustainable energy investments The International Renewable Energy Agency (IRENA) and the Southern African Development Community’s (SADC) Centre for Renewable Energy and Energy Efficiency (SACREEE) signed a Memorandum of Understanding (MoU), to work together on accelerating the deployment renewable energy solutions, including decentralised technologies, in […] Read more
