Uzbekistan Sees High Foreign Interest in its Renewable Energy Push Updated On Wed, Mar 18th, 2020 by Saurenergy The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the country’s ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. “This […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
Pattern Energy and CPP Investments Complete Merger Transaction Updated On Tue, Mar 17th, 2020 by Saurenergy Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern […] Read more
MNRE to set up Renewable Energy Standardisation Cell Updated On Mon, Mar 16th, 2020 by Saurenergy MNRE will set up “Renewable Energy Standardisation Cell (RESC)” to coordinate the development and adoption of standards for quality assurance in the renewables sector The Ministry of New and Renewable Energy (MNRE) on February 18, 2020, notified setting up of “Renewable Energy Standardisation Cell (RESC)” to coordinate the development, updation, and adoption of standards for […] Read more
Allete Acquires 303 MW Wind Project From Apex Clean Energy Updated On Mon, Mar 16th, 2020 by Saurenergy Apex Clean Energy has announced the sale of the 303 MW Caddo wind project to Allete Clean Energy, which plans to sell power to three Fortune 500 customers. Apex Clean Energy has announced the sale of the 303 MW Caddo Wind project to Allete Clean Energy, a wholly-owned subsidiary of ALLETE. The purchase includes plans […] Read more
Total to Develop 25 MWh Battery Energy Storage Project in France Updated On Fri, Mar 13th, 2020 by Saurenergy Total has announced that it has launched a battery energy storage project with a storage capacity of 25 MWh, which will be the largest in France. Total has announced that it has launched a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25-megawatt hours (MWh) […] Read more
Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets Updated On Fri, Mar 13th, 2020 by Saurenergy A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry […] Read more
Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years Updated On Thu, Mar 12th, 2020 by Saurenergy Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more