Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie Updated On Thu, Feb 13th, 2020 by Saurenergy The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […] Read more
Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
Competitive Power Announces 150 MW Solar Project in Pennsylvania Updated On Tue, Feb 11th, 2020 by Saurenergy Competitive Power Ventures has announced its latest renewable energy project, a 150 MW solar facility in Portage and Summerhill Townships, Pennsylvania. Competitive Power Ventures (CPV) has announced its latest renewable energy project, Maple Hill, a 150-megawatt (MW) solar facility in Portage and Summerhill Townships, Pennsylvania. According to the firm, construction on the project will begin […] Read more
Canadian Solar Gets $55 Mn Financing for its Lavras Solar Project in Brazil Updated On Tue, Feb 11th, 2020 by Saurenergy Canadian Solar has secured 225.2 million Brazilian reais (USD 55 million) project financing from BNB for its Lavras solar power projects in Brazil Canadian Solar has announced that it has secured 225.2 million Brazilian reais (USD 55 million) non-recourse project financing from Banco do Nordeste do Brasil (BNB) for its Lavras solar power projects in […] Read more
Sub-Saharan African Nations saw Record Jump in Renewables Investments in 2018: BNEF Updated On Mon, Feb 10th, 2020 by Saurenergy The year 2018 saw USD 2.8 billion spent on RE projects in sub-Saharan Africa – a regional record and some USD 600 million more than the previous year The year 2018 saw USD 2.8 billion spent on renewable (RE) projects in sub-Saharan Africa (excluding South Africa) – a regional record and some USD 600 million […] Read more
Indonesia to Replace Fossil Fuel Plants with Renewable Plants Updated On Fri, Feb 7th, 2020 by Saurenergy With an aim to achieve its target of 23 percent renewable energy share in the energy mix by 2025, Indonesia is planning to replace its old fossil fuel plants with renewable energy, as per the data and analytics company report. The country, which is mainly dominated by thermal power generation, has renewable energy potential of […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Americas Wind Installations Rise 12% in 2019 With 13.4 GW Updated On Fri, Feb 7th, 2020 by Saurenergy New data shows the Americas and the Caribbean installed 13.4 GW capacity of onshore wind power in 2019, an increase of 12 percent on the previous year The latest data released by the Global Wind Energy Council (GWEC) shows North, Central and South America and the Caribbean installed 13,427 MW (13.4 GW) capacity of onshore […] Read more
Could Renewables Displace Conventional Fuels in Asia in 2020s? Updated On Fri, Feb 7th, 2020 by Saurenergy In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […] Read more
