Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity Updated On Fri, Oct 16th, 2020 by Saurenergy Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
Bifacial PV’s Getting Indian Developers Interested In Trackers Again: Dan Shugar Updated On Wed, Oct 7th, 2020 by Saurenergy Since co-founding Nextracker in 2013, CEO Dan Shugar has made it one of the manufacturing success stories of the sector. The firm has delivered trackers for over 35 GW of solar plants till now. The firm has now expanded its portfolio to include yield and performance software and global services. SaurEnergy Group Editor Prasanna Singh […] Read more
Andritz to Supply Equipment for Greenko’s 1200 MW Pumped Storage Project Updated On Tue, Oct 6th, 2020 by Saurenergy Andritz has received a contract from Greenko for the supply of electro-mechanical equipment for the 1200 MW Pinnapuram pumped storage plant in Andhra Pradesh. Australia-based international technology group Andritz has announced that it has received a contract from Greenko Energy Private Limited, an independent Indian power producer (IPP), for the supply of electro-mechanical equipment for […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
Europe Goes All-in on Hydrogen for the Transport Economy: Rethink Updated On Tue, Sep 29th, 2020 by Saurenergy Europe has a clear and credible plan to become the center of the global hydrogen industry as its governments collectively finance the work needed to become the world’s first hydrogen economy. The end result will be 17 million fuel cell powered vehicles across Europe by 2040 – from under a thousand at present. COVID-19 recovery […] Read more
Enel X Awarded Grants for Future Electrification of Bus Fleets Updated On Tue, Sep 22nd, 2020 by Saurenergy Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […] Read more