Ignored in the Budget, The Renewables Sector Needs Marketing Lessons Updated On Mon, Feb 4th, 2019 by Saurenergy With the ‘Interim’ Budget finally, behind us, it’s a good time for the renewables sector to take a look at just why the sector was ignored, more or less, when it comes to any major policy announcements in the budget. Of course, blaming ‘interim’ would be an easy way out. It’s clearly not a case […] Read more
Surat Municipal First to Use Solar Energy For Water Distribution Updated On Thu, Jan 31st, 2019 by Saurenergy According to sources, out of the total 6 MW of solar power plants, 4 MW is dedicated for water supply management. Surat has become the first city in India to not be dependant on electricity distributors for powering its water supply network. The Surat Municipal Corporation (SMC) is utilising solar power sourced from the city’s […] Read more
GE Expands Renewable Energy Portfolio Updated On Thu, Jan 31st, 2019 by Saurenergy The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […] Read more
European Companies Set Record For Wind Power Deals Updated On Wed, Jan 30th, 2019 by Saurenergy European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Tender for Geo-Technical Study of 500 MW Kadaladi Solar Park to Close on Jan 31 Updated On Wed, Jan 30th, 2019 by Saurenergy The last date for bid-submissions is January 31, 2019. And the bids will open on the same day I.e. January 31, 2019. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has issued a tender for conducting geotechnical testing for the establishment of its 500 MW Kadaladi Solar Park in the Ramanathapuram District of Tamil Nadu. […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
SECI and HPPC Sign PSA for 590 MW of Wind Power Updated On Tue, Jan 29th, 2019 by Saurenergy SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […] Read more
China Added 44.3 GW of Solar and 20.59 GW of Wind Capacity in 2018 Updated On Mon, Jan 28th, 2019 by Saurenergy Total capacity, including hydro and biomass as well as solar energy and wind power, rose to 728 GW by end-2018, the NEA said during a briefing. According to official numbers, China’s renewable energy capacity increased by 12 percent in 2018 year-on-year compared to 2017. The leading country in the world for both solar and wind […] Read more