Renewables to Surpass Coal in US by 2021, Says IEEFA Updated On Mon, Nov 25th, 2019 by Saurenergy In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […] Read more
Is the ‘Lucky Country’ Pushing Its Luck with Climate Change? Updated On Thu, Nov 21st, 2019 by Saurenergy Australia, for long the ‘lucky country’ due to a variety of reasons, especially its size, abundance of natural resources and some would say, distance from the rest of the world, is finally feeling the heat from climate change, activists say. Is that true? And How well prepared is Australia to do its bit? Just over […] Read more
Interaction with Sushil Sarawgi, Managing Director, KOR Energy (India) Updated On Wed, Nov 20th, 2019 by Saurenergy Kor Energy (India) Pvt Ltd, founded in 2013, is an emerging Engineering, Procurement and Construction (EPC) services provider for the solar power plants in India. Besides, it is also involved in the mergers and acquisition for renewable energy projects, along with debt and equity syndication for the projects. The company is also involved in […] Read more
US DOE Grants $43 mn for Carbon Capture and Storage Tech Development Updated On Mon, Nov 18th, 2019 by Saurenergy US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […] Read more
Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal Updated On Fri, Nov 15th, 2019 by Saurenergy Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […] Read more
Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years Updated On Fri, Nov 15th, 2019 by Saurenergy In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […] Read more
Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
Ørsted to Build its 1st Solar Energy Plus Storage Facility in Texas Updated On Thu, Nov 14th, 2019 by Saurenergy Ørsted has commenced construction on its first utility-scale solar plus battery storage project, the 460 MW Permian Energy Center in Andrews County, Texas. The leading developer of Offshore wind energy projects globally, Ørsted has announced recently that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar […] Read more
Top 3 Western Wind Turbine OEMs to Control 60% Market by 2028 Updated On Wed, Nov 13th, 2019 by Saurenergy The top five global wind turbine OEMs are expected to control 75% of the sector by 2028, while the leading 3 western OEMs will increase their market share to 60% Market share consolidation by global wind turbine original equipment manufacturers (OEMs) is set to intensify. After a decade of fragmentation, the top five global turbine […] Read more
