TCCL Report on Renewable Integration & Curtailment: Causes, Solutions and Impact on Project Bankability Updated On Thu, Dec 17th, 2020 by Saurenergy As renewable energy penetration deepens, curtailment issues are rising since the installations are concentrated largely in a few states. The equity IRR could fall below zero if the curtailment exceeds 40% and ADSCR would fall below unity if the curtailment exceeds 20%. The reports deals with the potential solutions including demand side and supply side […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service Updated On Tue, Dec 15th, 2020 by Saurenergy Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […] Read more
Veolia Secures Blade Recycling Contract in the US With GE Renewable Energy Updated On Thu, Dec 10th, 2020 by Saurenergy GE Renewable Energy has signed a multi-year agreement with Veolia to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. GE Renewable Energy has announced that it has signed a multi-year agreement with Veolia North America (VNA) to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. […] Read more
IRENA and AfDB to Scale up Renewable Investments in Africa Updated On Wed, Dec 9th, 2020 by Saurenergy IRENA and AfDB have agreed to work together to advance energy transition through initiatives that support renewable investments in Africa The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the energy transition in Africa through joint initiatives that support investments in low-carbon energy projects. […] Read more
GE Renewable Energy signs first Cypress order in Spain Updated On Mon, Dec 7th, 2020 by Saurenergy GE Renewable Energy announced today that it has been selected by Azora to supply 19 Cypress onshore wind turbines for the 100 MW Cuevas de Velasco wind farm located in the Cuenca province in Spain. Azora will operate the Cypress turbines at 5.5 MW, with a rotor diameter of 158m, the most powerful ever permitted […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
Orient Cement Goes With AMP Energy For Captive Renewable Generation Updated On Fri, Dec 4th, 2020 by Saurenergy Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […] Read more
DSD Acquires 17 MW Community Solar Portfolio in New York from Source Renewables Updated On Wed, Dec 2nd, 2020 by Saurenergy Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets. The three projects, one of which includes solar and storage, were developed by Source Renewables from greenfield, and are expected to reach commercial operation next summer. “DSD was drawn to […] Read more
