723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Japan’s Eurus Energy Acquires Share in Winlab Africa Updated On Thu, Mar 21st, 2019 by Saurenergy Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […] Read more
NRG Systems and ZX Lidars Seal New Partnership Updated On Wed, Mar 20th, 2019 by Saurenergy With the Wind Energy market getting a second wind on the back of offshore sites and wider markets opening up in Asia and South America, consolidation and partnerships are starting up in the sector. NRG Systems, Inc., a designer and manufacturer of smart technologies for a range of wind, solar, and meteorological applications, has announced […] Read more
ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP Updated On Wed, Mar 20th, 2019 by Saurenergy The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […] Read more
Nordex Wins Wind Projects Totalling 108 MW in Greece Updated On Wed, Mar 20th, 2019 by Saurenergy European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […] Read more
AfDB Pledges $25 Bn to Climate Finance For 2020-25 Updated On Tue, Mar 19th, 2019 by Saurenergy Key Bank projects include the co-financing of the 510 MW Ouarzazate Solar Complex in Morocco, one of the largest solar complexes in the world. The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi. Akinwumi A. Adesina said […] Read more
Self-Sustaining Micro Home by Nice Architects, the Ecocapsule Updated On Mon, Mar 18th, 2019 by Saurenergy The Ecocapsule Micro Home includes details designed to boost energy efficiency, from a water filtration system to a roof outfitted with solar panels and a wind turbine. Designed by Bratislava-based Nice Architects, Ecocapsule is a self-sustainable smart house powered solely by solar and wind energy. It allows you to live off-the-grid. These unique and self-sustainable mobile micro-homes […] Read more
India Ranks 4th in the World by Wind Energy Capacity Updated On Mon, Mar 18th, 2019 by Saurenergy According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […] Read more
