More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
Renewable Energy Now Accounts For a Third of Global Power Capacity: IRENA Updated On Tue, Apr 2nd, 2019 by Saurenergy The sector added 171 GW of generating capacity in 2018, with total renewable energy generation capacity reaching 2,351 GW at the end of the year. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to new data released by the International Renewable Energy Agency […] Read more
Climate Change Affecting India’s Wind Power Generation: Study Updated On Tue, Apr 2nd, 2019 by Saurenergy Increased warming in the Indian Ocean and the resultant weakening of the Indian summer monsoon may come in the way of India’s goal of leading the world’s wind power generation. The potential electricity production has reduced by about 13% in the past 40 years Researchers from Harvard University, US, and National Climate Center in Beijing, […] Read more
GE Renewable Energy Secures First Order For Cypress Platform Updated On Tue, Apr 2nd, 2019 by Saurenergy GE Renewable Energy will supply its largest onshore wind turbine for Prowind’s project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GE’s Cypress platform, the company’s largest onshore wind turbine in the field. Prowind will operate […] Read more
The Renewable Energy Storage Conundrum has a New Solution: Proton Conducting Fuel Cell Updated On Mon, Apr 1st, 2019 by Saurenergy Two research teams have worked out a way for a better performance by the new proton conducting fuel cells, that can make fuel and reconvert it to electricity using just one set of catalyst, increasing the energy efficiency in these cells and in turn standing out as a viable solution for the renewable energy storage […] Read more
Nordex Group Bags 166 MW Wind Turbines’ Order in Argentina Updated On Mon, Apr 1st, 2019 by Saurenergy The contract for the wind farm has been awarded by Genneia, a renewable energy Independent Power Producer in Argentina European wind turbine maker Nordex Group today announced it has bagged an order for supplying 38 wind turbines with a combined capacity of 166 MW in Argentina. “For the first time, the Group is supplying turbines […] Read more
Vestas Wins Orders Worth 85 MW For Two Wind Projects in Asia Updated On Sat, Mar 30th, 2019 by Saurenergy Danish wind energy major, Vestas has announced that it has won orders for two wind energy projects in Asia. The first order is the company’s first V150-4.2 MW order in Southeast Asia for a project in Vietnam, and the second order was secured using customised solutions for a 43 MW order with a first 20-year […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
