IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
U.K. Govt Gives a £166.5 Million Major Cash Boost to Green Tech Updated On Thu, May 27th, 2021 by Saurenergy The UK government recently announced a £166.5 million cash injection for the country’s green technology and development, as part of the Green Industrial Revolution. The funding package will help the UK meet its climate targets, create jobs, and decarbonise its most polluting industries. Energy Minister Anne-Marie Trevelyan said, “Just 6 months ago, the Prime Minister set […] Read more
Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA Updated On Thu, May 27th, 2021 by Saurenergy Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […] Read more
ISA, MNRE & World Bank Conduct Workshop for ‘OSOWOG’ Updated On Wed, May 26th, 2021 by Saurenergy The International Solar Alliance (ISA), the Ministry of New and Renewable Energy (MNRE) of India, and the World Bank organized a two-day strategic initiation workshop on ‘One Sun One World One Grid’ (OSOWOG). All the implementation partners came together and presented their roadmap for OSOWOG in that workshop which has set up the first milestone […] Read more
APTEL Asks KERC to Decide Compensation owed to Fortum by DISCOMs Updated On Wed, May 26th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) recently gave a judgement in favour of Fortum Solar India Private Limited after the solar power developer petitioned it, seeking compensation from various DISCOMs. The full judgement can be read here. The tribunal not only directed the Karnataka Electricity Regulatory Commission (KERC) to determine the incremental tariff payable to Fortum, […] Read more
US Plans First-ever Offshore Floating Wind Farms Off California Coasts Updated On Wed, May 26th, 2021 by Saurenergy The US government along with the state government of California revealed their plans of installing first-ever floating offshore find warms over the coastal regions of California at Morro Bay and Humboldt Bay. The agreement includes numerous wind turbines at Morro and Humbolt Bay expected to generate energy enough to power around 1.6 million homes in […] Read more
IREDA Opens Applications for Solar Module Manufacturing under PLI Updated On Wed, May 26th, 2021 by Saurenergy Indian Renewable Energy Development Agency (IREDA) yesterday invited applications for setting up manufacturing capacities for vertically integrated high-efficiency solar photovoltaic modules under the production-linked incentive (PLI) scheme. The agency will accept applications till June 30, 2021 and it will open bids on 1 July 2021. The PLI scheme, which aims to further domestic manufacturing of high-efficiency […] Read more
Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units Updated On Tue, May 25th, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […] Read more
Pattern Energy and Uniper Sign Long-Term Power Purchase Agreement for New Mexico Wind Project Updated On Tue, May 25th, 2021 by Saurenergy Power to be delivered from largest single-phase renewable energy build out in history Pattern Energy Group LP (Pattern Energy) and international energy company Uniper today announced they have signed a 15-year power purchase agreement for up to 219,000 MWh per year of wind energy in New Mexico, enough to power more than 20,000 homes annually. The […] Read more
