Neoen Secures 352 MWp Landmark PPA With CleanCo Updated On Thu, May 7th, 2020 by Saurenergy Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […] Read more
India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort Updated On Wed, May 6th, 2020 by Saurenergy Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […] Read more
PV Is Entering The AI Era- Huawei Leaders Updated On Wed, May 6th, 2020 by Saurenergy A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
Apex Clean Energy Leads Market for 2019 Corporate Renewable Power Procurement Updated On Wed, May 6th, 2020 by Saurenergy Wood Mackenzie has named Apex Clean Energy the top C&I wind power provider overall and the top corporate renewable provider in 2019. In a breakout year for commercial and industrial (C&I) renewable energy procurement, global energy research firm Wood Mackenzie has named Apex Clean Energy the top Commercial and Industrial (C&I) wind power provider overall […] Read more
Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
In Renewables Shadow, who Will Still Fund Coal in India? : Report Updated On Wed, May 6th, 2020 by Saurenergy Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […] Read more