Five Years After Paris Agreement, Slow Progress On RE Commitments- IRENA Updated On Tue, Mar 16th, 2021 by Saurenergy The International Renewable Energy Agency has released a report including updates on renewable energy and climate change pledges after five years of the Paris Agreement. With the adoption of the Paris Agreement on 12 December 2015, nearly all countries around the world agreed to keep the rise in the average global temperature well below 2 […] Read more
SECI 750 MW Tranche X Wind Auctions- Adani Bids Rs 2.77 to win, Ayana at Rs 2.78 Updated On Tue, Mar 16th, 2021 by Saurenergy Life returned to the Wind Energy pipeline with the first pure wind energy auction by SECI in over 18 months. With a reserve price of Rs 2.99, Adani Renewable Energy walked away with a 300 MW allocation at Rs 2.77/kWh, while Ayana Renewable Power won 300 MW at Rs 2.78. Evergreen Power ventures Mauritius won […] Read more
Innovations in Floating Wind Technologies Key to Further Cost Reductions Updated On Thu, Mar 11th, 2021 by Saurenergy Floating offshore wind is maturing and has performed significant cost reductions over the past years. The technology allows Europe to unlock its full offshore wind potential and enables more countries to benefit from offshore wind in reaching their green transition objectives. Research and innovation remain key to the future competitiveness of floating offshore wind: the […] Read more
Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA Updated On Thu, Mar 11th, 2021 by Saurenergy Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […] Read more
Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s Updated On Wed, Mar 10th, 2021 by Saurenergy Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […] Read more
University of Birmingham Teams up with ARAI on Transport Research Updated On Tue, Mar 9th, 2021 by Saurenergy The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
Iberdrola Adds 750 MW of new Solar Projects to its Extremadura Pipeline Updated On Mon, Mar 8th, 2021 by Saurenergy Iberdrola has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres in Extremadura Spanish major Iberdrola has announced that in continuation of its green investment plan in the Extremadura region of Spain, it has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres. […] Read more
India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi Updated On Sat, Mar 6th, 2021 by Saurenergy Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […] Read more