Indonesia Inks JETP Deal for $20 Billion Investment in Renewables at G-20 Updated On Thu, Nov 17th, 2022 by Saurenergy At the mega meet of the G-20 countries in Bali, host Indonesia has inked deals with major countries and international institutions to attract some $20 billion to help the Southeast Asian country increase the use of renewable energy and reduce reliance on coal. The agreement is called ‘Just Energy Transition Partnership,’ or JETP that will […] Read more
SunSource Energy Doubles Solar Goal by 2027 Updated On Tue, Nov 15th, 2022 by Saurenergy Noida-based solar & storage solution provider company SunSource Energy announced recently it will double its goal for solar energy deployment. By 2027, the objective will have risen from 550 MW to 1 GW. A growing customer base in India that wants to switch to cleaner, more environmentally friendly power would benefit from the increasing solar […] Read more
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific Updated On Thu, Nov 10th, 2022 by Saurenergy A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […] Read more
IRENA Report: Indonesia Energy Transition Outlook Updated On Wed, Nov 9th, 2022 by Saurenergy A study titled “Indonesia Energy Transition Outlook” has been released by the IRENA (The International Renewable Energy Agency). This report offers an extensive, long-term energy roadmap that emphasises renewable energy sources for Indonesia’s transition to a cleaner, more sustainable energy system. The energy transition depends on Indonesia. As one of the Association of Southeast Asian […] Read more
ACEN Completes World’s First ETM Transaction, Retiring Out Coal Plant Updated On Wed, Nov 9th, 2022 by Saurenergy ACEN, the energy platform of the Ayala Group, has disclosed the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The official statement by ACEN informs that the landmark transaction will enable the early retirement of the 246-MW coal […] Read more
Island Village In Bangladesh To Be Solarised Courtesy Corporate Sponsorship Updated On Tue, Nov 1st, 2022 by Saurenergy Bangladesh is now solarising its villages that fall in the middle in the islands of Brahmaputra river called ‘char.’ These are islands formed by the river using silt deposits. As such, providing grid connected access is a massive challenge to these islands. In a key development, Standard Chartered Bank, in partnership with international social organisation, […] Read more
Arevon Energy Secures 2 GW Supply of American Solar Modules Updated On Mon, Oct 31st, 2022 by Saurenergy To support its expanding portfolio of renewable energy sources, a US based renewable energy leader Arevon Energy has enterted into a contract with First Solar for supply of sophisticated Series 7 thin film photovoltaic (PV) solar modules totaling more than 2 GW DC. A little more than 700 MW DC of the total volume secured […] Read more
First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy Updated On Thu, Oct 27th, 2022 by Saurenergy Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […] Read more
European Offshore Wind Companies Push Into Asian Offshore Wind Market Updated On Wed, Oct 26th, 2022 by Saurenergy The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […] Read more
