PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […] Read more
After Wind, Sweden’s Wallenstam Now Invests in Solar Energy Updated On Tue, Mar 3rd, 2020 by Saurenergy After achieving self-sufficiency in renewable energy by investing in wind, Swedish real estate company Wallenstam is now planning to invest in solar energy. Thus, in order to evaluate the potential of installation of solar panels, the Swedish company has analyzed its entire property holdings, which is around 220 properties. Commenting on the development, Karin Mizgalski, […] Read more
Indonesia Racing Towards 23% Renewable Energy: IEEFA Updated On Tue, Mar 3rd, 2020 by Saurenergy The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […] Read more
Sungrow Inks Pact with Panasian Power to Boost its Inverter Supply in Sri Lanka Updated On Mon, Mar 2nd, 2020 by Saurenergy Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has recently entered into a distribution pact with Panasian Power PLC, a Sri Lanka-based supplier of clean and renewable energy to Sri Lankan national grid. The China-based central and string inverters supplier said that, Panasian Power PLC is the first official […] Read more
Singapore-based Vena Energy Issues $325 Mn Green Bond Updated On Mon, Mar 2nd, 2020 by Saurenergy Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […] Read more
Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover Updated On Mon, Mar 2nd, 2020 by Saurenergy Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […] Read more
The Role of AI and ML in Solar Energy Updated On Sat, Feb 29th, 2020 by Saurenergy Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […] Read more
RK Singh Dedicates 11 Renewable Energy Management Centres to Nation Updated On Sat, Feb 29th, 2020 by Saurenergy New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […] Read more
CERC Order Makes Biomass Generated Power Formula driven Updated On Thu, Feb 27th, 2020 by Saurenergy Energy from Biomass use at coal fired stations in India just overcame a small hurdle of measurement, with a CERC order laying down the formula to do it. In an important development for power producers generating power using biomass, the CERC (Central Electricity Regulatory Commission) took suo motu cognizance, and issued its guidelines for estimation […] Read more