Geothermal Investment Surges 85% in Q1: Wood Mackenzie Updated On Mon, Jun 30th, 2025 by Saurenergy Investment in North America’s geothermal sector surged to a record US$1.7 billion in the first quarter of 2025, marking an 85% increase over the full-year total for 2024, driven by breakthrough technologies that expand geothermal potential beyond traditional locations, Wood Mackenzie said in a report on Monday. The energy consultancy’s latest Geothermal Market Update highlights […] Read more
Nextracker to Supply Solar Trackers for Greece’s Largest PV Project Updated On Fri, Jun 27th, 2025 by Saurenergy U.S.-based solar tracker Nextracker has been selected to supply its NX Horizon solar tracking systems to the 550 MW Oricheio PPC Ptolemaida solar photovoltaic (PV) park, currently under construction in Western Macedonia. Once completed, this flagship project will be the largest solar PV park in Greece and one of the largest in Europe. The project is […] Read more
UK Withdraws Support for $33 Billion Morocco-UK Power Project Updated On Fri, Jun 27th, 2025 by Saurenergy The UK government has formally withdrawn support for the £24 billion (USD 33 billion) Morocco-UK Power Project, a landmark renewable energy venture that aimed to deliver solar and wind electricity from North Africa to Britain via a 3,800 km subsea cable. The project adds to the list of ambitious transcontinental projects that have struggled to […] Read more
A Sunny Spring 2025 Delivers Record Solar In Most Of Europe-Solargis Updated On Fri, Jun 27th, 2025 by Saurenergy An analysis by Bratislava-based solar irradiance firm Solargis has indicated the impact of a sunnier than usual Spring on solar generation in Europe. Western Europe has experienced one of its sunniest springs on record, with solar irradiation levels significantly exceeding historical long-term averages. Newly released solar irradiance data by Solargis, reveals that some areas recorded up […] Read more
Global Offshore Wind Auctions Hit 56 GW; 45 GW Under Construction: GWEC Updated On Thu, Jun 26th, 2025 by Saurenergy Global Wind Energy Council (GWEC) Market Intelligence’s latest report recorded the addition of 83 GW of offshore wind capacity installed worldwide, supplying clean, affordable electricity to 73 million households. The report found that China holds the top position and is projected to continue dominating the market in the region until 2027, with a current market […] Read more
Moldova’s First Green Tender Draws €190 Mn for 165 MW Wind, Solar Project Updated On Thu, Jun 26th, 2025 by Saurenergy Moldova debuted one of the first green energy tenders in 2025, recording €190 Mn in onshore wind power plants with a capacity of 105 MW and photovoltaic plants with 60 MW. So far, the Republic of Moldova’s renewable energy production in 2024 has doubled compared to the previous year. This marks significant progress in the […] Read more
ACEN, UPC Renewables Start Solar, Wind Projects in India Updated On Thu, Jun 26th, 2025 by Saurenergy Philippines-based ACEN, in partnership with UPC Renewables, has begun construction of two large-scale renewable energy projects in India—a 420 MW solar farm in Rajasthan and a 120 MW wind farm in Karnataka—as part of its continued expansion in one of the world’s fastest-growing clean energy markets. The projects, scheduled for completion by early 2027, are […] Read more
Private Capital Vital for Bangladesh’s RE Energy Goals: IEEFA Updated On Wed, Jun 25th, 2025 by Saurenergy Bangladesh must attract significant private sector investment to meet its renewable energy targets, with financing needs expected to rise to nearly US$1 billion annually by 2030 and up to US$1.46 billion per year by 2040, a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The government aims to generate […] Read more
OMV Petrom and Enery Join Forces for Bulgaria’s 400 MW Solar Project Updated On Wed, Jun 25th, 2025 by Saurenergy OMV Petrom, an integrated energy producer in South-Eastern Europe, has partnered with renewable energy firm Enery to co-develop the 400 MW Gabare solar photovoltaic project in Byala Slatina, near Sofia, Bulgaria. OMV Petrom will acquire 50 percent of the shares in Dunav Solar Plant EOOD, the company developing the project, along with a power purchase […] Read more
