IEX Reports 6.6 Percent Decline in Power Trade in April 2020 Updated On Wed, May 6th, 2020 by Saurenergy IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […] Read more
Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more
TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link Updated On Thu, Mar 12th, 2020 by Saurenergy TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain Updated On Tue, Feb 4th, 2020 by Saurenergy Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Sterlite Power Elevates Arun Sharma as Infra Biz COO Updated On Wed, Jan 29th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […] Read more
Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt Updated On Wed, Jan 22nd, 2020 by Saurenergy With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […] Read more
GE to Help Deliver Offshore Wind Energy to 375,000 homes in Scotland Updated On Fri, Jan 17th, 2020 by Saurenergy GE has been awarded a project for the commissioning of onshore and offshore wind substations for the NnG offshore wind farm off the coast of Scotland. GE Renewable Energy’s Grid Solutions business has been awarded a multi-million dollar project for the design, supply, construction and commissioning of onshore and offshore wind substations for the Neart na Gaoithe […] Read more
