Auctioned Wind Power Saw 160% YoY Rise in Q1 2021: GWEC Updated On Mon, May 31st, 2021 by Saurenergy According to the latest GWEC Market Intelligence, nearly 7 GW of wind power capacity was auctioned globally in Q1 2021 – a 160% year-on-year increase compared to Q1 2020, which saw only 2.7 GW auctioned due to a slowdown caused by the first wave of the COVID-19 pandemic. Offshore wind accounted for the majority of […] Read more
Chile EDPR Acquires 628 MW Wind and Solar Portfolio in Chilean Market Updated On Mon, May 31st, 2021 by Saurenergy Spain-headquartered renewable energy company EDP Renewables (EDP Renováveis) recently announced that it has signed agreements to acquire a 628 MW wind and solar portfolio in Chile, with commercial operations expected to commence between 2023 and 2025. The transaction has been reached through two separate agreements with Atacama Energy and Lader Energy for a total consideration […] Read more
Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
Goa CM Seeks 100% Solar Powered Electrification in Rural Households Updated On Mon, May 31st, 2021 by Saurenergy At the inauguration of a solar-based electrification program for remote rural households in Goa, the chief minister (CM) of Goa, Dr. Pramod Sawant said, “On Goa Statehood Day, it is a proud moment for us to announce that we will achieve 100 percent electrification for all homes in Goa, and that too with clean energy. […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more
CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
Enterprize Launches 1st Vietnamese floating LIDAR survey at Thang Long Updated On Fri, May 28th, 2021 by Saurenergy Enterprize Energy, a pioneering low carbon energy developer, announced today that it has commissioned Fugro, the world’s leading Geo-data specialist, and its Vietnamese partner, PTSC, to install floating LiDAR survey technology at the site of the 3.4GW Thang Long offshore wind farm – the first time such technology has been used in Vietnam. Offshore wind […] Read more
AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia Updated On Fri, May 28th, 2021 by Saurenergy The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […] Read more
Sembcorp to Quadruple RE Capacity by 2025 & Deliver Net-zero by 2030 Updated On Fri, May 28th, 2021 by Saurenergy Singapore-headquartered Sembcorp Industries, a leading energy and urban solutions provider, yesterday announced its strategic plan to transform its portfolio from brown to green, including increasing its renewable energy capacity – by almost four times- to 10 GW by 2025 from 2.6 GW in 2020. To support the global energy transition and sustainable development, Sembcorp aims to […] Read more
