India Calls for Faster Expansion of ISA at COP 25 Updated On Tue, Dec 10th, 2019 by Saurenergy Prakash Javadekar at the COP 25 summit has stressed that more and more countries should join the ISA and that there is a need to speed up this alliance Union Environment Minister Prakash Javadekar stressed on his point that more and more countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet their […] Read more
Tariffs of Rs 2.65/kWh and Rs 3.46/kWh Approved for 2 GW of Wind Projects Updated On Mon, Dec 9th, 2019 by Saurenergy CERC has approved tariffs proposed by SECI and PTC India for 2 GW of wind power projects. The petitioners had quoted a tariff of Rs 2.65/kWh & Rs 3.46/kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification approved the tariffs proposed by the Solar Energy Corporation of India (SECI) and PTC India Limited […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […] Read more
Tata Power Approved to Procure 150 MW Solar Power at Rs 2.83/kWh Updated On Mon, Dec 9th, 2019 by Saurenergy MERC has approved the petition filed by Tata Power Company Limited – Distribution to procure 150 MW of solar power at a tariff rate of Rs 2.83/kWh The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by Tata Power Company Limited – Distribution (TPC-D) to procure 150 MW of […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid Updated On Sat, Dec 7th, 2019 by Saurenergy Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […] Read more
Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets Updated On Fri, Dec 6th, 2019 by Saurenergy Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […] Read more
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
