Global Offshore Wind Capacity Predicted to Reach 193 GW by 2030, 500 GW by 2050 Updated On Tue, Aug 20th, 2019 by Saurenergy Global offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 GW by 2030, and over 500 GW by 2050 According to a new report by the National Renewable Energy Laboratory (NREL), the global offshore wind market growth predictions show accelerated growth in the next […] Read more
Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
Sembcorp Brings Online 200 MW Wind Project in Gujarat Updated On Mon, Aug 19th, 2019 by Saurenergy Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF Updated On Fri, Aug 16th, 2019 by Saurenergy The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
E.ON Announces 440 MW Wind Project in Texas Worth $500 MN Updated On Fri, Aug 16th, 2019 by Saurenergy E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […] Read more
Nordex Installed 242 Wind Turbines in H1 2019, Expects Strong Second Half Updated On Wed, Aug 14th, 2019 by Saurenergy The Nordex Group has reportedly installed a total of 242 wind turbines in 13 countries with a combined output of 778.1 MW in the first half of the year. The Nordex Group has released its financial figures for the latest quarter and the first half of the current year. It has been reported that the […] Read more
