Andhra Pradesh Launches New Solar Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The policy aims to target a minimum total solar power capacity addition of 5,000 MW in the next five years in the state of Andhra Pradesh. With an objective of providing a framework for promotion of large grid connected solar PV systems in the state of Andhra Pradesh, the state government has released ‘Andhra Pradesh […] Read more
Andhra Pradesh Launch New Wind Energy Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The policy shall come into operation with effect from the date of issuance and shall remain applicable for a period of five years. In order to promote Wind power projects in the state of Andhra Pradesh, the state government has recently released the Andhra Pradesh Wind Power Policy – 2018. To meet the twin objectives […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
Vikram Solar Wins ‘Best Contribution in Solar Energy’ at CBIP Awards Updated On Sat, Jan 5th, 2019 by Saurenergy The award was conferred to the module maker by R. K. Singh, Minister of Power and New and Renewable Energy. Amongst other awardees were Hero Future Energies and West Bengal State Electricity Distribution Company (WBSEDCL). Country’s one of the leading module makers Vikram Solar has been awarded with ‘Best Contribution in Solar Energy’ at the […] Read more
EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
NTR Secures 229 million Euros in Second Renewable Energy Fund Updated On Fri, Jan 4th, 2019 by Saurenergy The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […] Read more
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
Texas Can Be Free of Coal, Study Finds Updated On Fri, Jan 4th, 2019 by Saurenergy Texas could meet a significant portion of its electricity demand from renewable power without investing much into extensive battery storage. Texas is the state from where the USA started its journey of oil, turns out it is also the place where wind and solar energy can provide power round the clock, a new research has […] Read more
Clearway Energy Signs PPA for 75 MW Hawaiian Solar Projects Updated On Fri, Jan 4th, 2019 by Saurenergy Apart from these two projects, Clearway Solar also has three other projects in development which will be completed in 2019. Clearway Energy Group which has its headquarters in San Francisco has signed a power purchase agreement with utility Hawaiian Electric Company for solar projects of a combined 75 MW capacity. The two projects comprise of […] Read more