ADFD Approves Record $105 mn Funding for 8 RE Projects Updated On Mon, Jan 13th, 2020 by Saurenergy ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […] Read more
Werner Enterprises Announces First Electric-Powered Truck Pilot Program Updated On Thu, Jan 9th, 2020 by Saurenergy Werner Enterprises has announced its first electric-powered truck pilot program. The 2019 Peterbilt 579 EV Class 8 electric truck will run for a year in Southern California. Werner Enterprises, a premier transportation and logistics provider, has announced its first electric-powered truck pilot program. The 2019 Peterbilt 579 EV Class 8 electric truck will run for […] Read more
Siemens Gamesa Selected for Largest US Offshore Wind Project Updated On Wed, Jan 8th, 2020 by Saurenergy Siemens Gamesa has been named as the preferred turbine supplier for the 2.64 GW Dominion Energy Virginia Offshore Wind project in the US. Siemens Gamesa Renewable Energy (SGRE) has been named as the preferred turbine supplier for the massive 2,640-MW Dominion Energy Virginia Offshore Wind project in the US. This is the largest offshore wind […] Read more
Vestas Announces Target to Become Carbon Neutral by 2030 Updated On Tue, Jan 7th, 2020 by Saurenergy Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019 Updated On Sat, Jan 4th, 2020 by Saurenergy Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […] Read more
Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland Updated On Thu, Jan 2nd, 2020 by Saurenergy Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […] Read more
Acciona Puts in Services its 145 MW Wind Farm in Texas Updated On Wed, Jan 1st, 2020 by Saurenergy Acciona has put into service the 145 MW Palmas Altas Wind Farm, its ninth in the US, with a total investment of some USD200 million. Acciona has put into service the Palmas Altas Wind Farm, its second one installed in Texas and its ninth in the US, with a total investment of some USD200 million […] Read more
Shift Towards EVs Made Future of Li-ion Batteries Bright: Vibhas Verma Updated On Mon, Dec 30th, 2019 by Saurenergy The prospects for lithium batteries right now and in the future are very positive. There is a lot of hype around lithium batteries which makes it a trending market. The shift that India and many other countries have made towards electric vehicles has made the future of lithium batteries very bright in every part of […] Read more