IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally Updated On Sat, Nov 21st, 2020 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […] Read more
Novartis Inches Closer To 100% Renewable Energy With 5 VPPA’s Updated On Fri, Nov 20th, 2020 by Saurenergy In a move that has made Novartis the first pharma company to attain the 100% renewable electricity user status for its European operations, the firm recently signed up for five virtual power purchase agreements (VPPAs). These agreements together will be generating around 275 MW or more of clean power to the electrical grid, serving as […] Read more
APTEL Reinstates Tariff of ₹4.50/kWh for Five Karnataka Wind Generators Updated On Fri, Nov 20th, 2020 by Saurenergy The Appellate Tribunal for Electricity (APTEL) granted relief to five wind generators after in Karnataka after the Karnataka Electricity Regulatory Commission (KERC) had issued an order which had reduced the generic tariff to ₹3.74 per kWh for wind projects commissioned before September 2017. It was declared that the tariff of Rs. 4.50 per kwh determined […] Read more
Canadian Solar Records Big Growth in Module Shipments, Profit in Q3 Updated On Fri, Nov 20th, 2020 by Saurenergy Canadian Solar has reported big growth in all key business segments including growth in Module Shipments, Module Manufacturing capacity, etc in Q3. Canadian Solar, one of the largest solar module manufacturers and project developers has reported its financial results for the 3rd quarter (Q3) of the financial year. The firm has reported big growth in […] Read more
Association of Power Producers Request Financial Support From Finance Minister Updated On Fri, Nov 20th, 2020 by Saurenergy The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […] Read more
At Re-Invest Curtain Raiser, Minister Informs Of 35 GW Bids For Solar Under Incentive scheme Updated On Fri, Nov 20th, 2020 by Saurenergy Power, MNRE and Skill Development Minister R.K. Singh Shared yesterday that the government had received bids for close to 35 GW of total capacity, when it comes to solar equipment. According to a statement given by Union power and renewable Minister RK Singh on Thursday, the government has received expressions of interest to set up […] Read more
India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA Updated On Fri, Nov 20th, 2020 by Saurenergy ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […] Read more
ReneSola in Second JV In The UK, With Innova, To Expand European Push Updated On Thu, Nov 19th, 2020 by Saurenergy ReneSola Ltd (“ReneSola Power” or the “Company”), the established fully integrated solar project developer, and Innova, a company that invests in and operate a diversified portfolio of UK renewable energy assets, with a focus on utility-scale ground mounted and commercial roof top solar installations, located at agricultural, industrial and commercial sites, today announced that they […] Read more
GE Renewable Energy and European Energy add substantial wind power to Lithuania Updated On Thu, Nov 19th, 2020 by Saurenergy GE Renewable Energy announced today that it has been selected by European Energy as the supplier for three windfarms in Lithuania, located about 80 kilometers North of the capital Vilnius. The 121 MW project, which will use 22 GE Cypress onshore wind turbine units, will add 23% of green power capacity to the country’s current […] Read more
