Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
Shell Acquires 49% Stake in Cleantech Solar Updated On Wed, Dec 19th, 2018 by Saurenergy This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia. Cleantech Solar, a leading developer of commercial solar energy systems in Southeast Asia and India has announced that Shell has signed an agreement to acquire a 49% stake in […] Read more
Solar Industry in UK Facing Challenges Updated On Wed, Dec 19th, 2018 by Saurenergy Environmentalists and big energy firms had urged the government to not stop the export tariff for solar panels but to no avail. In a setback to the United Kingdom’s solar industry, the government has said that houses which will get solar panels in the future will have to give away the surplus power they generate […] Read more
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
d.light Raises $41 million from Consortium Updated On Tue, Dec 18th, 2018 by Saurenergy The equity financing was raised by d.light from a Consortium led by Inspired Evolution, an Africa-focused investment advisory firm. d.light, a distributed solar provider has announced that it has secured a funding of $41 million to finance its solar and appliances business. The equity financing was raised from a Consortium led by Inspired Evolution, an […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
More Then 20% Australian Homes Have Solar Rooftop Installed Updated On Tue, Dec 4th, 2018 by Saurenergy With 2 million residents having rooftop solar projects across the nation, the combined generation of electricity amounts to 7.9 GW. With an overall 20.3 percent of Australian residents having a rooftop solar project installed, country’s solar industry is leading the way in the rooftop solar market globally. With 2 million residents having rooftop solar projects […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
Neoen Commissions Australia Largest PV Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Connected to TransGrid’s transmission network, the 550 hectare solar park has a power purchase agreement of 12 years with EnergyAustralia. Neoen, a French renewable energy firm, has completed and started commercial operations at its 189MW Coleambally Solar Farm in New South Wales, Australia. Connected to TransGrid’s transmission network, the 550 hectare solar park has a […] Read more
