Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
Vikram Solar Wins 300 MW Solar Project from NTPC Updated On Wed, Apr 15th, 2020 by Saurenergy Vikram Solar, country’s one of the leading module manufacturers and an EPC & rooftop solar solutions provider, has bagged a 300 MW solar project from National Thermal Power Corporation Limited (NTPC) under CPSU-II scheme. Kolkata-headquartered Vikram Solar has won this solar photovoltaic (PV) project under the reverse bidding auction at a price of Rs 1,750 […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
Vestas Selected for 139 MW Offshore Wind Farm in Japan Updated On Tue, Apr 7th, 2020 by Saurenergy Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […] Read more
Engie Bags 235 MW of Wind and Solar Tenders in France Updated On Tue, Apr 7th, 2020 by Saurenergy Engie has been awarded a total of 235 MW capacity in the latest tender results announced by the Minister for Ecological and Inclusive Transition in France Last week, the French Minister for Ecological and Inclusive Transition Elisabeth Borne had announced the results of the latest solar and wind tenders in France, contributing to the goals […] Read more
Spain Plans to Install 2.2 GW Wind Capacity Annually through 2030 Updated On Tue, Apr 7th, 2020 by Saurenergy The 2030 National Energy and Climate Plan has been issued in Spain, with the European nation seeking to deploy 2.2 GW of wind capacity annually until 2030. The Spanish government has submitted its 2030 National Energy and Climate Plan (NECP), raising the country’s ambitions on greenhouse gas emission reduction to 23 percent compared to the […] Read more
4 Boralex Projects Selected in Latest Calls for Tender in France Updated On Mon, Apr 6th, 2020 by Saurenergy Boralex has announced that four of its projects totalling 70.4 MW have been selected in the latest calls for tenders in France. Boralex has announced that four of its projects totalling 70.4 MW have been selected in the latest calls for tenders conducted by the Ministry for the Ecological and Inclusive Transition of France. The solar projects – […] Read more