RWE Renewables Closes Financing for 151 MW Wind Project Updated On Thu, Apr 23rd, 2020 by Saurenergy RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
The Woodmac Weekly Update on Renewable Energy Worldwide Updated On Tue, Apr 21st, 2020 by Saurenergy In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […] Read more
China’s March Jump in PV Exports Unlikely To Sustain Updated On Tue, Apr 21st, 2020 by Saurenergy China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […] Read more
Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland Updated On Tue, Apr 21st, 2020 by Saurenergy Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […] Read more
Azelio Signs MoU in Chile for Energy Storage Supply to Mining Industry Updated On Tue, Apr 21st, 2020 by Saurenergy Azelio has signed an MoU with the Chilean company Industria Mecánica VOGT to assess energy storage projects for the mining industry in Latin America. Azelio has signed a Memorandum of Understanding (MoU) with the Chilean company Industria Mecánica VOGT (VOGT) to assess energy storage projects for the mining industry in Latin America. The MoU frameworks […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
