US DOE Grants $28 Mn in Funding For Wind Energy Research Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) has announced up to $28.1 million in funding aimed at advancing wind energy nationwide across the land-based, offshore and distributed wind sectors. While utility-scale wind energy in the United States has grown to 90 GW, significant opportunities for cost reductions remain, especially in the areas of offshore wind, distributed […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
China’s Target of 20% Renewables by 2030, Considerably Harder Updated On Fri, Mar 29th, 2019 by Saurenergy Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications. China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […] Read more
Uzbekistan’s First Competitively Tendered Solar Project Receives Global Interest Updated On Fri, Mar 29th, 2019 by Saurenergy IFC, a member of the World Bank Group, is advising the government of Uzbekistan on a landmark PPP transaction that will lead to the creation of a 100 MW solar plant in Navoi region. This project will be the first phase of a larger government initiative to generate up to 1 GW of new solar […] Read more
AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025 Updated On Fri, Mar 29th, 2019 by Saurenergy By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […] Read more
China Cuts Electric Vehicle Subsidies To Push Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy After a huge spike in sales of electric vehicles, China has announced plans to reduce subsidies for electric vehicles sold in the country. China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. However, the cuts were […] Read more
NOAA Fisheries & BOEM Sign MOU on Offshore Wind Energy Updated On Thu, Mar 28th, 2019 by Saurenergy The 10-year MOU outlines several areas of mutual interest including responsible planning and siting of turbine arrays, development of sites of offshore wind power and to work with local and regional fishing interests. The National Oceanic and Atmospheric Administration (NOAA) Fisheries, Bureau of Ocean Energy Management (BOEM), and the Responsible Offshore Development Alliance (RODA) signed a 10-year Memorandum of […] Read more
US & Ghanaian Companies Sign Agreement for Solar Energy Updated On Thu, Mar 28th, 2019 by Saurenergy Ghanaian and US companies sign agreement to provide solar energy to 6 Dioceses facilities in Ghana Ghanaian company Strategic Security Systems International, and its subsidiary Strategic Power Solutions signed a partnership agreement with the U.S. Company AEG International to provide solar energy to six dioceses of the Ghana Catholic Church. The U.S. Trade and Development […] Read more
