Another Stable Year of Growth for Wind Energy With China in the Lead Updated On Wed, Nov 27th, 2019 by Saurenergy The wind power energy industry saw a fall of 3.6 percent fall when compared to 2017’s growth, however, GWEC claims that the growth has been stable The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
Net Metering to be Permitted Until Capacity Surpasses 500 MW in Haryana Updated On Tue, Nov 26th, 2019 by Saurenergy HERC has issued a revised version of its regulations for rooftop solar grid-interactive systems based on net metering in Haryana The Haryana Electricity Regulatory Commission (HERC) in response to a petition filed by the Haryana Renewable Energy Development Agency (HAREDA), has issued a revised version of its regulations for rooftop solar grid-interactive systems based on […] Read more
Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn Updated On Tue, Nov 26th, 2019 by Saurenergy Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […] Read more
Clean Energy Investments in Developing Nations Falls Post Slowdown in China Updated On Tue, Nov 26th, 2019 by Saurenergy A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […] Read more
India’s Sterlite Power Among Finalists in 2019 Global Energy Awards Updated On Mon, Nov 25th, 2019 by Saurenergy Global power transmission assets developer Sterlite Power has been shortlisted among finalist for Rising Star Company, Financial Investment of the Year and Construction Project of the Year Awards in the S&P Global Platts Global Energy Awards 2019. The energy companies from 37 countries have been selected as finalists for the 21st annual S&P Global Platts […] Read more
Full Electrification of Railways in Next 4 Years: Piyush Goyal Updated On Mon, Nov 25th, 2019 by Saurenergy Union Minister Piyush Goyal has informed that a target has been set for full electrification of Indian railways within the next four years. “Railways is continuously increasing electrification for a better, pollution-free future. The target of electrification of the entire railway in the next 3-4 years has been set, making it the world’s first carbon emission-free railway, along […] Read more
ACWA Selected for 900 MW 5th Phase of MbRAM Solar Park Updated On Sat, Nov 23rd, 2019 by Saurenergy DEWA has picked a consortium led by ACWA Power as the preferred bidder for the 900 MW solar power plant in Dubai. The Dubai Electricity and Water Authority (DEWA) has picked a consortium led by Saudi Arabia’s ACWA Power as the preferred bidder to build and operate a 900 MW solar power plant in Dubai. […] Read more