J&K: 4 Policies Approved including RE to Ramp Up Industrial Growth Updated On Sat, Mar 21st, 2020 by Saurenergy In a bid to boost industrial growth, the Jammu and Kashmir (J&K) Administrative Council, headed by Lt Governor G C Murmu, has approved the four policies for tourism, captive power, hydropower & renewable energy, and AYUSH care. The Administrative Council’s decision comes in the backdrop of Global Investors Summit scheduled to be held later in the year […] Read more
Lightsource BP Completes $250 Mn Financing for Solar Project in Texas Updated On Fri, Mar 20th, 2020 by Saurenergy Lightsource BP has successfully closed on a USD 250 million financing package for its 260 MW Impact Solar project located in Texas Lightsource BP, a global solar leader, has announced that it has successfully closed on a USD 250 million financing package for its Impact Solar project located in Lamar County, Texas, 120 miles northeast […] Read more
Siemens Gamesa Calls off Annual Shareholder Meeting due to COVID-19 Updated On Fri, Mar 20th, 2020 by Saurenergy Siemens Gamesa has announced that it has decided to call off the General Shareholder’s Meeting, due to the outbreak of coronavirus (COVID-19). Siemens Gamesa Renewable Energy (SGRE) has announced that in its latest meeting, the Board of Directors of the Company has decided to call off the General Shareholder’s Meeting, which was scheduled to be […] Read more
Total Enters Floating Offshore Wind With 96 MW Project in UK Updated On Fri, Mar 20th, 2020 by Saurenergy The Total Group has signed an agreement with Simply Blue Energy to acquire 80 percent stake in the 96 MW floating offshore wind project in Wales The Total Group has announced that it has signed an agreement with the developer Simply Blue Energy to acquire an 80 percent stake in the pioneering floating wind project […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more
Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019 Updated On Fri, Mar 20th, 2020 by Saurenergy Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment […] Read more
NEXTracker Completes Delivery of Trackers for 3.4 GW of Solar Portfolio Updated On Thu, Mar 19th, 2020 by Saurenergy NEXTracker has completed the delivery of its smart solar trackers for 174 Power Global’s 3.4 gigawatts (GW) US solar projects portfolio. NEXTracker has announced that it was selected by 174 Power Global, an affiliate of Hanwha Group, to supply its smart solar trackers across 174 Power Global’s 3.4 gigawatts (GW) US solar projects portfolio. The […] Read more
Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects Updated On Thu, Mar 19th, 2020 by Saurenergy Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […] Read more
Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan Updated On Thu, Mar 19th, 2020 by Saurenergy TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […] Read more