Record 33.6 GW of Wind and Solar Capacity Added to US Grid in 2020: BNEF Updated On Tue, Feb 23rd, 2021 by Saurenergy A new report has found that in a year faced with COVID-19, a record 33.6 GW of wind and solar capacity was added to the US grid in 2020. Faced with the COVID-19 pandemic and sharp economic contraction, the US clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) […] Read more
Renewed US-India Climate Cooperation Should Focus on Driving Foreign Investment to India’s Green Transition Updated On Fri, Feb 19th, 2021 by Saurenergy The United States (US) and India should work together to encourage greater foreign institutional investment in India’s green transition in order to help further progress the global effort to combat climate change, according to a new report from the Center for American Progress and India’s Council on Energy, Environment and Water. The report recommends that […] Read more
Emera Technologies and Novonix Partner on Innovative Battery Technology Updated On Fri, Feb 19th, 2021 by Saurenergy Emera Technologies and Halifax-based Novonix Battery Technology Solutions (Novonix) are working together to develop battery pack systems to support microgrids that will provide solar power directly to homes, and could lead to exciting future opportunities across North America. In the fall of 2020, Emera Technologies launched BlockEnergy, the first utility-owned community microgrid platform, and partnered with […] Read more
Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030 Updated On Thu, Feb 18th, 2021 by Saurenergy A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […] Read more
Trimark Wins SCADA Mandate for 2165MWh Terra Gen Storage Project Updated On Thu, Feb 18th, 2021 by Saurenergy Trimark Associates, has won the rights to the SCADA portion of the Edwards & Sanborn project, the world’s largest solar-plus-storage (PV+BESS) project currently under construction. Located in Kern County, California, the project weighs in at 1,118 megawatts (MW) of solar and 2,165 megawatt-hours (MWh) of energy storage. The project is owned by Terra-Gen, while Mortenson Construction acts as the Engineering, […] Read more
Masdar Achieves First Close on 1.6 GW RE Portfolio in US With EDF-R Updated On Mon, Feb 15th, 2021 by Saurenergy Masdar has achieved the first closing on the acquisition of 50 percent of a 1.6 GW clean energy portfolio of projects in the US from EDF R Masdar, one of the world’s leading renewable energy companies, has announced recently that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt […] Read more
NTE Energy to Develop 5 GW of Clean Energy Projects Updated On Fri, Feb 12th, 2021 by Saurenergy Nationwide portfolio to include solar, BESS assets NTE Energy plans to develop more than 5 GW of clean energy projects in the next five years, the company announced today. NTE is currently working with investment partners to advance development of a clean energy project pipeline that includes 1.2 GW of solar and 3.9 GW of […] Read more
Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore Updated On Thu, Feb 11th, 2021 by Saurenergy Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […] Read more
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
