Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
UN Fund GCF Removes Veto Power Over Climate Projects Updated On Thu, Jul 11th, 2019 by Saurenergy UN’s Green Climate Fund changed its rules at the latest meeting where it announced US$267 million towards United Nations Development Programme (UNDP) supported countries. The United Nations’ Green Climate Fund has changed its rules so no single country can block finance, as recently it happened when the US intervened in a Chinese bid. The decision […] Read more
Hartek Power to Connect 130 MW Solar Power to Grid Updated On Thu, Jul 11th, 2019 by Saurenergy Hartek Power has bagged an order to set up a 220/33 kV substation, which would connect 130 MW of solar power to the grid in Jodhpur Chandigarh-based Hartek Power has announced that it has bagged an order to set up a 220/33 kV substation, which would connect 130 MW of solar power supply to the grid […] Read more
E.ON To Switch On Renewable Energy for 3 Mn UK Customers Updated On Wed, Jul 10th, 2019 by Saurenergy German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […] Read more
EDF Renewables, Total Eren Sign PPAs for over 700 MW Solar Projects in India Updated On Tue, Jul 9th, 2019 by Saurenergy Total Eren and EDF Renewables have signed four 25-year PPAs, for four solar power projects totaling 716 MW of installed capacities in northern India. Total Eren and EDF Renewables have announced the signature of four 25-year long term Power Purchase Agreements (PPAs), for four solar power projects totaling 716 MW of installed capacities in northern […] Read more
Spot Power Prices Drop 11% in June to Rs 3.32/unit Updated On Tue, Jul 9th, 2019 by Saurenergy Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […] Read more
Madurai Airport Goes Solar, Meets 30% of Power Needs from RE Updated On Mon, Jul 8th, 2019 by Saurenergy Amidst the call to make its an International airport, the Madurai Airport has started to save big on electricity bill as the solar power is meeting more than a quarter of its electricity needs India’s 32nd busiest terminal, Madurai Airport is successfully cutting down its electricity bill as it meets 30% of its power requirement […] Read more
Mexico to Lead Central American, Caribbean Wind Power Growth: Report Updated On Mon, Jul 8th, 2019 by Saurenergy A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in the region through 2028, led by Mexico. A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven […] Read more
Renewable Certificates Sales Down 22% in June Updated On Mon, Jul 8th, 2019 by Saurenergy Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […] Read more
