Green Certificates Trading Mirrors Power Slowdown with 35% Drop Updated On Mon, May 25th, 2020 by Saurenergy Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68 lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […] Read more
Pandemic is Hurting but not Halting Global Renewable Growth: IEA Updated On Fri, May 22nd, 2020 by Saurenergy The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […] Read more
ONGC and NTPC to Form JV for Renewable Energy Business Updated On Fri, May 22nd, 2020 by Saurenergy ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […] Read more
ArcVera Renewables Now Offering Technical Service for Energy Storage Projects Updated On Wed, May 20th, 2020 by Saurenergy ArcVera Renewables, a leading provider of consulting and technical services for renewable energy projects, has now unveiled its technical know-how for the standalone energy storage or hybrid projects. For the standalone renewable energy projects, the company will be providing expert technical, financial, and independent engineering services. The company, which is having over 40 years of […] Read more
MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra Updated On Wed, May 20th, 2020 by Saurenergy Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCL’s) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up […] Read more
RES and Energy Estate to Advance 2 GW Renewable Hub in Queensland Updated On Tue, May 19th, 2020 by Saurenergy RES and Energy Estate will work together on the CQP project which plans to deliver over 2 GW of wind, solar and storage developments in Queensland RES, one of the world’s largest independent renewable energy companies with over 16 GW portfolio has partnered with Energy Estate to work together on the Central Queensland Power project […] Read more
GE Renewable Energy to Supply Turbines for 193 MW Project in Turkey Updated On Tue, May 19th, 2020 by Saurenergy GE Renewable Energy has been selected by Fina Enerji to supply 52 of its 3 MW platform onshore wind turbines for four wind projects worth 193 MW in Turkey GE Renewable Energy has announced that it has been selected by Fina Enerji to supply 52 of its 3 MW platform onshore wind turbines for four […] Read more
The Renewable Energy Transition is Finally Coming to Asia: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […] Read more
Mexican Govt Blames COVID-19 for Seizing Renewables Energy Updated On Mon, May 18th, 2020 by Saurenergy The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy in the energy mix The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy like solar and wind power, granting a […] Read more
