Siemens Gamesa to Supply Turbines for 301 MW Wind Farm in Karnataka Updated On Tue, Jul 6th, 2021 by Saurenergy Spain-based renewable energy company Siemens Gamesa has been awarded a firm order to supply wind turbines for a wind farm located in Hombal, in the state of Karnataka, India, with a total capacity of 301 MW. The company has received the project through one of its subsidiaries, and the order comprises the supply of 87 […] Read more
Residential Rooftop Solar To Cost Rs 31,200/Kw In Andhra Pradesh after Subsidy Updated On Tue, Jul 6th, 2021 by Saurenergy The Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) has discovered the lowest bid of Rs. 50,000/kW for up to 1 kW of residential rooftop solar systems. That means, after central subsidies, it would cost only Rs. 31,200 to consumers. Interestingly, for larger 100Kw to 500Kw sizes, the discovered price is Rs 36,000/Kw , though […] Read more
IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] Read more
Countries Investing in RE Enjoy Greater Economic Growth, says UK Study Updated On Mon, Jul 5th, 2021 by Saurenergy Researchers at the University of Sussex Business School and the University of Portsmouth have discovered that countries that invest more in renewable energy enjoy greater economic growth and lower levels of income inequality. The study, which analysed data from over 200 countries between 2000-2019, shows that renewable energy acts as a catalyst for reducing income […] Read more
Top 10 Cleantech Trends for 2021 By IHS Markit Updated On Mon, Jul 5th, 2021 by Saurenergy Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […] Read more
Andhra Pradesh Announces Financial Assistance for Solar Rooftop Plants Updated On Mon, Jul 5th, 2021 by Saurenergy Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) announced last week that residential customers interested in installing grid-connected rooftop solar (RTS) plants would now be entitled to receive central financial assistance. The Ministry of New and Renewable Energy (MNRE) has sanctioned 8MW capacity in the residential sector under Phase II of the RTS program for […] Read more
NTPC Tenders For 500 MW of Solar EPC Projects Updated On Mon, Jul 5th, 2021 by Saurenergy Close on the heels of announcing an aggressive reset of its renewable energy targets, state owned NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The tender, floated on Friday last week (July 2) has a last date […] Read more
Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
Nissan Motors Reveals £1 Billion Electric Vehicle Hub ‘EV36Zero’ in UK Updated On Fri, Jul 2nd, 2021 by Saurenergy The Japanese Automaker, Nissan Motors has yesterday revealed its Euro 1 billion electric vehicle (EV) hub, EV36Zero in Sunderland, UK. The transformational project has been launched with an initial Euro 1 billion investment by Nissan and its partners Envision AESC, a global player in world-leading battery technology, and Sunderland City Council. Comprised of three interconnected initiatives, Nissan […] Read more
