India-EU Partnership on Energy Research in RE and Smart Grids Updated On Mon, Mar 9th, 2020 by Saurenergy India-EU Flagship Call for cooperation in energy research and innovation, mainly in renewable energy and its integration in the energy system. India-European Union (EU) Flagship Call on Integrated Local Energy Systems was announced at India Smart Utility Week 2020. This partnership between Indian and the EU will help in Clean Energy and Climate and this […] Read more
Wind Energy – The Struggling Pillar of the European Green Deal: WindEurope Updated On Tue, Mar 3rd, 2020 by Saurenergy Wind is a natural pillar of the European Green Deal, but the sector is struggling and Europe is at risk of losing its global leadership on wind energy. When launching the European Green Deal in December President von der Leyen described it as the EU’s new growth strategy. The Industrial Strategy to be launched by […] Read more
Taaleri Announces Second Close of SolarWind II Fund at EUR 275 Mn Updated On Tue, Mar 3rd, 2020 by Saurenergy The Taaleri SolarWind II fund, held a second closing in February 2020, with approximately EUR 275 million in commitments. The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing in February 2020, with approximately EUR 275 million in commitments. The second-close investors include the European […] Read more
Hindustan Petroleum Sets up 1st EV Charging Station in Vadodara Updated On Fri, Feb 28th, 2020 by Saurenergy Hindustan Petroleum has set up its very first EV charging station in Gujarat at the Karelibag locality in Vadodara. Hindustan Petroleum Corporation Limited (HPCL) has announced that it has set up its very first electric vehicle (EV) charging station in Gujarat at the Karelibag locality in Vadodara. After inaugurating the facility on Thursday, HPCL Director (Marketing) […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
Hellenic Petroleum Acquires Solar Projects Worth 204 MW in Greece Updated On Tue, Feb 18th, 2020 by Saurenergy Hellenic Petroleum has announced the acquisition of a portfolio of solar PV projects at the final permitting stage in Northern Greece from juwi. Hellenic Petroleum has announced the acquisition of a portfolio of solar photovoltaic (PV) projects at the final permitting stage, in the area of Kozani, in Northern Greece, from German renewable energy projects […] Read more
Europe Installed 15.4 GW of new Wind Energy in 2019: WindEurope Updated On Mon, Feb 17th, 2020 by Saurenergy Europe installed 15.4 GW of new wind energy in 2019. Three-quarters of this was onshore wind, 11.8 GW, new offshore wind was 3.6 GW. Europe installed 15.4 GW of new wind energy in 2019. Three-quarters of this was onshore wind, 11.8 GW, new offshore wind was 3.6 GW. Europe now has 205 GW of wind […] Read more
Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar? Updated On Sat, Feb 15th, 2020 by Saurenergy India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […] Read more