Renewable Energy Auctions-Status and Trends Beyond Price Updated On Mon, Mar 9th, 2020 by Saurenergy This recent report from IRENA (International Renewable Energy Agency) looks at the global shift to auctions, when it comes to renewable energy. From lower price discovery to better tracking of project timelines, auctions have been designed to achieve multiple objectives. 111 GW was auctioned off in the period 2017-18. The report details the many benefits, […] Read more
Azelio Installs Its Renewable Energy Storage Soln in Morocco Updated On Sat, Mar 7th, 2020 by Saurenergy Swedish company Azelio said that it has completed the installation of its renewable energy storage with 24h clean power production in Morocco. Further, the installation is a partial result of the joint technical and business development agreement between Azelio, a specialist in thermal energy storage, and the Moroccan Agency for Sustainable Energy (Masen). The solution […] Read more
Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America Updated On Wed, Mar 4th, 2020 by Saurenergy Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […] Read more
Indonesia Racing Towards 23% Renewable Energy: IEEFA Updated On Tue, Mar 3rd, 2020 by Saurenergy The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […] Read more
Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
RK Singh Dedicates 11 Renewable Energy Management Centres to Nation Updated On Sat, Feb 29th, 2020 by Saurenergy New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […] Read more
Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA Updated On Thu, Feb 27th, 2020 by Saurenergy The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […] Read more
GE Renewable Energy Wins Turbine Order for 300 MW Wind Project in Gujarat Updated On Wed, Feb 26th, 2020 by Saurenergy GE Renewable Energy has received an order from the EDF-SITAC JV to supply and install 112 – 2.7 MW wind turbines at a 300 MW wind project in Gujarat, India. GE Renewable Energy has announced that it has received an order from the EDF-SITAC joint venture to supply and install 112 of its 2.7 MW […] Read more
