UNDP and IRENA to Accelerate Low-Carbon Energy Transition Updated On Tue, Jun 18th, 2019 by Saurenergy UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development. Under the cooperation, the organizations will explore joint initiatives aimed […] Read more
Vestas Bags its Largest Order in Brazil For 445 MW Wind Farm Updated On Tue, Jun 18th, 2019 by Saurenergy Casa dos Ventos has placed a 445 MW order for the supply and installation of 106 Vestas wind turbines for the Rio do Vento project in Brazil. Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 445 MW order for the supply and […] Read more
In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more
The Global Shift to Electric Cars placing Indian Auto Sector at Risk Updated On Tue, Jun 11th, 2019 by Saurenergy Honda India knows the feeling. back in 2012, as oil prices shot up yet again, the firm had no diesel model in its portfolio, and it saw its sales slump to new lows every month. With Diesel subsidised much more than petrol, it was a dangerous abstinence for Honda. It was only in 2013, that […] Read more
Political Risk Spikes In Andhra As Jagan Government Questions PPA’s Updated On Mon, Jun 10th, 2019 by Saurenergy The central government has been forced to move and publicly ‘advise’ the newly elected government in Andhra Pradesh, where the new Chief Minister, YS Jagan Mohan Reddy has voiced doubts on the PPA’s signed by his predecessor government of Chandrababu Naidu. The central missive follows the state government’s first moves, which included an order to […] Read more
ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects Updated On Thu, Jun 6th, 2019 by Saurenergy ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […] Read more
Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019 Updated On Wed, Jun 5th, 2019 by Saurenergy Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […] Read more
South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project Updated On Tue, Jun 4th, 2019 by Saurenergy The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
