Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Tata Projects Completes 110 km Transmission Line Project in Thailand Updated On Tue, Aug 11th, 2020 by Saurenergy TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of India’s fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission […] Read more
Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target Updated On Mon, Aug 10th, 2020 by Saurenergy As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […] Read more
3 Firms Pitch for Equalisation Levy on Solar Equipment Supplies From SEZs Updated On Mon, Aug 10th, 2020 by Saurenergy A group of three domestic solar energy firms has pitched for an equalisation levy on solar equipment supplies from SEZs for domestic use A group of three domestic solar energy firms has pitched for an equalisation levy on solar equipment supplies from special economic zones (SEZs) for domestic use, so as to bring them at […] Read more
Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019 Updated On Fri, Aug 7th, 2020 by Saurenergy Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […] Read more
J-Power, SPDI, Avondale & AP Solar to Develop 400 MW Solar Project in Texas Updated On Thu, Aug 6th, 2020 by Saurenergy J-POWER USA, SPDI, Avondale Solar and AP Solar have agreed to jointly develop Charger Solar, a 400 MW ac solar project located in Refugio County, Texas. J-POWER USA, a subsidiary of Tokyo-based J-Power, Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable, Avondale Solar and AP Solar, a joint venture company between Plus and Avondale, have […] Read more
Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC Updated On Thu, Aug 6th, 2020 by Saurenergy Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […] Read more
SunSource Inaugurates 6 MW Rooftop Solar PV Project Updated On Tue, Aug 4th, 2020 by Saurenergy Project is developed on 5 rooftops, spread across 21,00,000 square feet SunSource Energy, a leading provider of solar-based energy and storage solutions to commercial and industrial organizations, today inaugurated its 6 MW rooftop solar PV project in Bhilwara, Rajasthan. This project will provide clean energy to one of the industrial sites of one of the leading textile companies based […] Read more
