$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
Pattern Energy Looking to Raise $700 Mn From Senior Notes Updated On Wed, Jul 15th, 2020 by Saurenergy Pattern Energy has announced the pricing of its offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. Pattern Energy Operations LP and Pattern Energy Operations Inc have announced the pricing of their offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. The firm […] Read more
Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA Updated On Wed, Jul 15th, 2020 by Saurenergy New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […] Read more
Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation Updated On Wed, Jul 15th, 2020 by Saurenergy Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […] Read more
Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit Updated On Tue, Jul 14th, 2020 by Saurenergy A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […] Read more
Ørsted Acquires 227 MW Under Construction Solar Plant in the US Updated On Fri, Jul 10th, 2020 by Saurenergy Ørsted is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located in Alabama, US. Global offshore wind and renewable major Ørsted has announced that it is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located […] Read more
OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Top 10 Solar PV Module Suppliers in India for 2019 Updated On Wed, Jul 8th, 2020 by Saurenergy Here we take a look at the leading solar PV module supplier in India (utility-scale and rooftop projects) for the year 2019. Solar energy has become the leading resource for renewable energy expansion worldwide, and the case is similar in India. Where it now ranks ahead of wind energy, as the leading contributor to India’s […] Read more