Melbourne Becomes First City to Power its Council Buildings with 100% RE Updated On Thu, Jan 17th, 2019 by Saurenergy The group agreed to purchase 88GWh of electricity per year, about half of the energy that will be produced by the 80MW Crowlands Windfarm. The City of Melbourne has announced that its entire council is now powered by 100 percent Renewable Energy. In doing so, the city has now become the first in Australia to […] Read more
Google’s Data Centers in Tennessee and Alabama to Run on 1.6 Mn Solar Panels Updated On Thu, Jan 17th, 2019 by Saurenergy Located in Hollywood, Alabama and Yum Yum, Tennessee, the two biggest solar farms will be able to produce around 150 megawatts each. In an attempt to match its energy-use with 100 percent carbon-free energy, Google wants the electricity consumed by its new data centers in Tennessee, and Alabama, to be matched with 100 percent renewable […] Read more
New Braunfels Utilities Signs One of the Lowest PPA in the USA Updated On Sat, Dec 15th, 2018 by Saurenergy A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […] Read more
Tariff Putting a Dent on the US Solar Industry Updated On Fri, Dec 14th, 2018 by Saurenergy The report also mentioned that 9000 jobs mainly in construction or engineering were either not added, or lost due to the tariffs. The ongoing trade dispute between the United States and China has put a dent on the Solar Industry in the US according to a new report from the Solar Energy Industry Association and […] Read more
IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore Updated On Thu, Nov 29th, 2018 by Saurenergy This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […] Read more
India May Achieve 76% of Renewable Energy Target by 2022, says Report Updated On Tue, Oct 16th, 2018 by Saurenergy Nonetheless, the government’s commitment and support towards renewables remain strong. One of the world’s leading research and consultancy group Wood Mackenzie in its report said that India may achieve about 76 per cent of the target of having 175 GW of renewable power generation capacity by the scheduled date of 2022 as it faces myriad challenges. […] Read more
Decentralized Renewable Energy may hold $100bn Investment Opportunity Updated On Thu, Sep 6th, 2018 by Saurenergy DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […] Read more
Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas Updated On Thu, May 31st, 2018 by Saurenergy The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […] Read more
