Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
SECI Extends Deadline For 2 GW Solar Projects Tender Under CPSU-II Updated On Tue, Jun 4th, 2019 by Saurenergy The deadline bid submission has been extended by SECI till July 2, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for selection of solar power developers for setting up of 2000 MW grid-connected solar PV power projects in India (Tranche-I) under CPSU Phase-II scheme (Government Producer Scheme). The […] Read more
Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms Updated On Mon, Jun 3rd, 2019 by Saurenergy Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […] Read more
ISA Invites Bids For Development of Solar PV Projects in Member Countries Updated On Mon, Jun 3rd, 2019 by Saurenergy The International Solar Alliance (ISA), a treaty-based inter-governmental organisation which specialises in implementing programmes in the field of solar energy has invited bids for the development of solar PV projects including rooftop PV solar capacity in its member countries. The organisation issued a call for bids after receiving a proposal from state-owned power generator NTPC […] Read more
Solar Packs To Reach Over 300 Van Gurjars’ Families in UP Reserve Updated On Mon, Jun 3rd, 2019 by Saurenergy As many as 391 Van Gurjars families residing in Amangarh area of Uttar Pradesh will get solar power packs as logistic problem does not allow them to have access to electricity by conventional means. According to officials, each power pack costs Rs 47,000 and will be provided to each Van Gurjar family under PM Saubhaagya […] Read more
Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
Capgemini Report on Intelligent Automation in Energy and Utilities Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The study found that nearly half […] Read more
News Flash. No Disruptions in Renewables Ministry, as R.K. Singh Retains Portfolio Updated On Fri, May 31st, 2019 by Saurenergy With the final list of ministers and their allocations finally out, the Indian renewable energy industry would have heaved a sigh of relief to see that no major faces are being changed. Shri R.K. Singh, who was handling the MNRE Ministry and Power Ministry earlier too, comes back as the Minister of State (Independent Charge) […] Read more
