Pandemic is Hurting but not Halting Global Renewable Growth: IEA Updated On Fri, May 22nd, 2020 by Saurenergy The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […] Read more
EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
India Adds 1043 MW of Utility-Scale Solar and Wind Capacity in Q1: BTI Updated On Wed, May 20th, 2020 by Saurenergy India added about 715 MW of utility-scale solar capacity and 328 MW wind capacity in the January to March quarter, according to a new report India added about 715 megawatts (MW) of utility-scale solar capacity in January-March 2020, down 67 percent from 2163 MW during the same period last year, a report said. According to […] Read more
The Renewable Energy Transition is Finally Coming to Asia: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […] Read more
Facebook Green Energy Goals Speeding Transition in New Mexico: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Construction of a major Facebook data center in New Mexico has lifted the local economy and accelerated the state’s transition toward renewable electricity Construction of a major Facebook data center in Los Lunas, New Mexico, has lifted the local economy and accelerated the state’s transition toward renewable-powered electricity, concludes a report published recently by the Institute […] Read more
Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India Updated On Fri, May 15th, 2020 by Saurenergy GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […] Read more
The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more
CPP Investments Commits €200 Mn to Offshore Wind Projects in France Updated On Thu, May 14th, 2020 by Saurenergy CPP Investments acquires 49% of the entity that holds Enbridge’s stake in its partnership with EDF Renewables that is developing 3 offshore wind farms in France. Canada Pension Plan Investment Board (CPP Investments) has announced that its wholly-owned subsidiary, CPP Investment Board Europe, has reached an agreement with Enbridge to acquire 49 percent of the […] Read more
