EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
Ørsted Secures Funding for Renewable Hydrogen Project Updated On Sat, Dec 21st, 2019 by Saurenergy Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […] Read more
Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares Updated On Fri, Dec 20th, 2019 by Saurenergy Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […] Read more
Sharp Decrease in Solar Installations in China After Policy Change Updated On Fri, Dec 20th, 2019 by Saurenergy China transitioned from a feed-in tariff system to auctions for solar projects in 2019, and the market responded with a sharp decrease in solar installations In 2019, China transitioned from a feed-in tariff system to auctions for solar projects on a national level. The market responded with a sharp decrease in solar installations after the […] Read more
AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey Updated On Wed, Dec 18th, 2019 by Saurenergy A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […] Read more
Atlas Renewable Energy Commissions 117 MW Solar Farm in Brazil Updated On Wed, Dec 18th, 2019 by Saurenergy Atlas Renewable Energy has announced that its 4th project in Brazil, the 117 MW Sertão Solar Barreiras Complex, is commissioned and fully operational Atlas Renewable Energy has announced that its fourth project in Brazil, the Sertão Solar Barreiras Complex, has been commissioned and is fully operational. The plant has an installed capacity of 117 MWp and will […] Read more
Indian Oil Tenders for 130 kW Rooftop Solar Plant in Maharashtra Updated On Wed, Dec 18th, 2019 by Saurenergy Indian Oil has issued a tender for the deployment of 130 kW grid-connected rooftop solar power plant at its small can filling plant in Nagpur, Maharashtra. The Indian Oil Corporation (IOCL) has issued a tender for the constriction and deployment of 130 kW grid-connected rooftop solar power plant at its small can filling plant in […] Read more
Adani Transmission Receives LOI for Transmission Project in Maharashtra Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Transmission has received LOI from MSETCL to build, own, operate and maintain a transmission project in the state of Maharashtra for 35 years. Adani Transmission Limited (ATL), one of the largest private sector power transmission company operating in India, has received the Letter of Intent (LOI) from Maharashtra State Electricity Transmission Company Limited (MSETCL) […] Read more
