Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4 Updated On Wed, Feb 8th, 2023 by Saurenergy A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […] Read more
EU Awards €5.3 Million To REGACE Project For Agrivoltaics Solutions Updated On Wed, Feb 8th, 2023 by Saurenergy The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE Consortium is composed of 12 partners from five countries. The […] Read more
MSEDCL Issues Tender for Procurement of 550 MW Solar Power Updated On Tue, Feb 7th, 2023 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly-owned subsidiary of the Maharashtra State Electricity Board, has issued a tender for the procurement of 550 MW solar power. The selection will be through a competitive bidding process (which will be followed by e-reverse auction) from projects to be connected at distribution network in Maharashtra under […] Read more
300 MW Offshore Wind Project by Tokyo Gas in Offing; Eyes 6 GW Goal Updated On Tue, Feb 7th, 2023 by Saurenergy Tokyo Gas, the gas distributor of Japan, has said that it has started the construction of two floating offshore windmills in Japan. The new facility is being built off the coast of Fukushima prefecture in the northeast. According to the disclosure, the capacity of the wind power project will be 300 MW. The announcement of […] Read more
TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023 Updated On Tue, Feb 7th, 2023 by Saurenergy French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […] Read more
Goldi Solar Bags NHDC’s EPC Contract on 8 MW Solar Plant to be Set up in MP Updated On Mon, Feb 6th, 2023 by Saurenergy Gujarat-based Goldi Solar has been awarded a project for a tender issues by Narmada Hydro-electric Development Corporation Limited (NHDC). The project is for the design, EPC contract aimed at the development of 8 MW ground-mounted solar PV plant at Sanchi district at Raisen, Madhya Pradesh. The contract includes evacuation arrangement up to DISCOM substation along […] Read more
Pristine Sun Gets Capital Commitment of $250 Million for Solar Expansion Updated On Mon, Feb 6th, 2023 by Saurenergy US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. The equity commitment will allow Pristine Sun to develop, finance, and build up to 5 GW of its solar projects. The official statement of the firm held that […] Read more
TotalEnergies Sells Renewable Projects to Crédit Agricole Assurances Updated On Mon, Feb 6th, 2023 by Saurenergy French renewable energy major TotalEnergies has announced that it is selling 50% of a 234 MW portfolio of renewable projects to Crédit Agricole Assurances as part of its strategy of profitable growth in renewable energies. The official statement from TotalEnergies reveals that the portfolio being sold includes 23 solar power plants with a capacity of […] Read more
The Top 5: Game-changing Renewable Energy Projects In Southeast Asia Updated On Mon, Feb 6th, 2023 by Saurenergy The countries making up the Association of South East Asian Nations (ASEAN) are the world’s fourth-largest energy consumer as a group. Its actions in the renewable realm are vitally important if the world wants to achieve carbon neutrality by 2050 – the Paris agreement target. The countries in the region are exploring renewable technology to […] Read more
