ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale Updated On Fri, Jan 17th, 2020 by Saurenergy ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […] Read more
Direct Energy Works With Sprint for 100% RE in Virginia Operations Updated On Fri, Jan 17th, 2020 by Saurenergy Sprint and Direct Energy have announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. American telecommunications company, Sprint and Direct Energy Renewable Services has announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. This agreement […] Read more
GE to Help Deliver Offshore Wind Energy to 375,000 homes in Scotland Updated On Fri, Jan 17th, 2020 by Saurenergy GE has been awarded a project for the commissioning of onshore and offshore wind substations for the NnG offshore wind farm off the coast of Scotland. GE Renewable Energy’s Grid Solutions business has been awarded a multi-million dollar project for the design, supply, construction and commissioning of onshore and offshore wind substations for the Neart na Gaoithe […] Read more
Renewable Investments up 1% YoY in 2019, India Records 14% Less Updated On Fri, Jan 17th, 2020 by Saurenergy Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […] Read more
Ørsted, Equinor to Lead Coalition to Accelerate Global Offshore Wind Capacity Updated On Thu, Jan 16th, 2020 by Saurenergy The Action Coalition will represent the offshore wind sector in the global dialogue on climate action, spearheaded by Ørsted and Equinor. An international Ocean Renewable Energy Action Coalition has been formed to advance the sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change. Bringing together civil society, intergovernmental institutions and […] Read more
Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal Updated On Thu, Jan 16th, 2020 by Saurenergy Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […] Read more
Volkswagen to Become World’s Largest EV Manufacturer by 2028 Updated On Thu, Jan 16th, 2020 by Saurenergy Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […] Read more
Electricity Procurement Contracts Down 11% in December 2019: Report Updated On Wed, Jan 15th, 2020 by Saurenergy Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […] Read more
IEA Launches its First in-Depth Review of India’s Energy Policies Updated On Wed, Jan 15th, 2020 by Saurenergy The International Energy Agency (IEA) in partnership with NITI Aayog has recently released its first in-depth review of India’s energy policies. The International Energy Agency (IEA) has, in partnership with NITI Aayog, recently released its first in-depth review of India’s energy policies. The report highlights the achievements of India’s energy policies and provides recommendations to […] Read more
