EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
EDP and Engie Reach Agreement on 50:50 Offshore Wind JV Updated On Fri, Jan 24th, 2020 by Saurenergy EDP Renewables has announced the signing of an agreement with Engie to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced the signing of an agreement with Engie to create […] Read more
Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain Updated On Thu, Jan 23rd, 2020 by Saurenergy Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […] Read more
“Climate Emergency” Declared by Spain’s new Govt, Signals Move to RE Updated On Thu, Jan 23rd, 2020 by Saurenergy Spain’s new government has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy. Spain’s new government on January 21, 2020, has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy within its first 100 days in office. In a statement announced […] Read more
Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more
Engie Inaugurates Egypt’s Largest and First Private Wind Project Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Engie has announced that the firm and its consortium partners have now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Ras Ghareb project started commercial operation […] Read more
ESB and Equinor to Deliver Potential Offshore Wind Projects Updated On Mon, Nov 25th, 2019 by Saurenergy ESB and Equinor under a new partnership will work to identify suitable sites for new offshore wind farms in Irish waters and work to mature potential future wind projects. ESB has announced that it has entered into a partnership with Equinor, to work to identify suitable sites for new offshore wind farms in Irish waters […] Read more
Solar Inverters Ready For the Spotlight Updated On Fri, Nov 22nd, 2019 by Saurenergy For most people, thinking of solar usually brings to mind solar panels, the distinctive signature of solar energy. But this story takes a look at another critical part of the solar chain, the inverters. These devices, tasked with the job of converting DC power to AC and more, have been largely taken for granted, even […] Read more
€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more