Denmark Identifies Areas for 12.4 GW of New Offshore Wind Updated On Tue, Apr 30th, 2019 by Saurenergy A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […] Read more
Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report Updated On Tue, Apr 30th, 2019 by Saurenergy The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […] Read more
Canadian Solar Secures $48 Mn Credit Facility For Development of Solar Projects in Japan Updated On Tue, Apr 30th, 2019 by Saurenergy The Company intends to utilise the facility to develop more high-quality solar power projects in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui […] Read more
Off-Grid Solutions Provider SolarHome Raises $1 Mn Follow-On Equity Updated On Mon, Apr 29th, 2019 by Saurenergy Singapore-based off-grid solutions provider, SolarHome has announced that it has secured an additional $1 million in equity funding as part of its series A round. The startup which is working on providing off-grid solar solutions to households in Myanmar on a Pay-As-You-Go (PAYG) model has secured the funding from its existing investor Trirec. TRIREC an […] Read more
Solar Power Capacity in U.S. Cities Has Doubled in the Last 6 Years: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Solar energy capacity more than doubled in 45 of America’s 57 largest cities over the last six years according to a new study. Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released by the Environment America Research & Policy Center. […] Read more
EBRD and GCF Provide $16.7 Mn For Kazakh Solar PV Plant Updated On Mon, Apr 29th, 2019 by Saurenergy The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) have together provided $16.7 million as a loan to support the development of a new 30 MW solar PV power plant in Zhangiz-tobe in Kazakhstan. Stepping up its efforts to support renewables in the country, EBRD signed the financing agreement with China’s […] Read more
India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […] Read more
REC Sales Drop Again, Down 65% in April to 3.68 Lakh Updated On Mon, Apr 29th, 2019 by Saurenergy Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […] Read more
Suzlon Retains Top Position Among Wind Equipment Manufacturers in India Updated On Mon, Apr 29th, 2019 by Saurenergy Like in the previous year, in 2017-18 too, Suzlon became the leading original equipment manufacturer (OEM) in India. Among the wind equipment manufacturers in India, Suzlon installed the most in FY 2018-19 with 581 MW, followed by Denmark based wind energy company Vestas with 492 MW, while Siemens Gamesa installed about 261 MW, according to […] Read more
