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
Oakridge Energy Raises Line of Credit for Residential Rooftop Solar Updated On Fri, Jan 4th, 2019 by Saurenergy Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North India’s leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for […] 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
Sao Mai Group and HD Bank Sign Agreement for 210 MW Solar Park in Vietnam Updated On Fri, Jan 4th, 2019 by Saurenergy Sao Mai Solar PV1 is one of the largest scale projects in Southeast Asia built on an area of 275 hectares, with a capacity of 210 MW. One of the largest conglomerate in Vietnam, Sao Mai Group has signed an agreement with HD bank for the development of 210 MW capacity power plant in An […] Read more
Energy Storage India 2019 to drive India’s National Energy Storage Mission Updated On Fri, Jan 4th, 2019 by Saurenergy Ahead of ESI 2019, there is tech tour planned on 8th Jan ’19 at Tata Power- DDL’s smart grid lab and at National Institute of Solar Energy. Taking strides in the field of renewable energy, India is leading the way in decarbonizing the atmosphere. But as renewable capacity takes a lead, so should storage technology. […] Read more
Indian Railways to Set Up 1 GW Solar Capacity by 2020-21 Updated On Thu, Jan 3rd, 2019 by Saurenergy Indian Railways has an existing capacity of 71.19 MW of Solar plants from rooftops solar installations at various Railways stations. Ministry of Railways has planned to set up 1000 Mega Watt (MW) solar power by 2020-21 which would help Railways to source about 10% of its electrical energy from renewable source, Minister of State of […] Read more
Cabinet Gives Approval to India’s Approach for COP 24 Updated On Thu, Jan 3rd, 2019 by Saurenergy The key focus of meeting was to finalize guidelines for implementation of Paris Agreement in post 2020 period. The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the negotiating stand of India at the 24th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
POWERGRID Jabalpur Transmission Successfully Commissions 765kV D/C Line Between Vindhyachal–Jabalpur Updated On Thu, Jan 3rd, 2019 by Saurenergy The PGCIL arm had secured the project through Tariff Based Competitive Bidding (TBCB). POWERGRID Jabalpur Transmission Ltd, a 100 percent wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) has successfully commissioned the 765kV Double Circuit Transmission line between Vindhyachal Pooling Station – Jabalpur Pooling Station. The PGCIL arm had secured the project […] Read more
