Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating Updated On Thu, May 9th, 2019 by Saurenergy The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s. Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […] Read more
Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed Updated On Wed, May 8th, 2019 by Saurenergy Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […] Read more
World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
KERC Recommends Halting New Solar Tenders, Auctions in Karnataka Updated On Thu, May 2nd, 2019 by Saurenergy Karnataka which is India’s top state in terms of installed solar capacity has stopped the building of new solar energy projects. The Karnataka Electricity Regulatory Commission (KERC) has written to the Karnataka Renewable Energy Development Limited (KREDL) regarding the procurement of solar power. According to the letter dated 7 March, the KERC reportedly has noted […] Read more
Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid Updated On Wed, May 1st, 2019 by Saurenergy Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
Europe’s Solar Resurgence is on the Horizon: Report Updated On Tue, Apr 30th, 2019 by Saurenergy A new report has revealed that the European solar market is undergoing a resurgence with more than 10 gigawatts (GW) installed in 2018, marking a five year high. Wood Mackenzie’s ‘Global solar PV market outlook update: Q1 2019’ predicts that based on this growing trend of more and more solar installations the continent should break […] Read more
