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
India and France Re-elected President & Co-President of ISA at 3rd Assembly Updated On Thu, Oct 15th, 2020 by Saurenergy At the Third Assembly of ISA, India and France were re-elected as the President and Co-President of the alliance for a term of two years. The Third Assembly of the International Solar Alliance (ISA), held virtually on October 14, 2020, was attended by 34 ISA member ministers, 53 member countries, and 5 signatory and prospective […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more
Magenta Strengthens Executive Team With Scott Pharr As Advisor Updated On Tue, Oct 13th, 2020 by Saurenergy The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […] Read more
U.S. Off-Site Solar Installations Gather Pace Despite Pandemic Updated On Tue, Oct 13th, 2020 by Saurenergy A rapid growth in the U.S. off-site corporate solar projects are set to accelerate further with the covid-19 pandemic taking a large toll on onsite installations, according to a Solar Energy Industries Association (SEIA) report. Over the next three years, nearly 60% of all corporate capacity installed is expected to be off site. Since 2015, nearly […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more
Huawei Smart PV Solution Highlights Role In World’s Largest PV Plant Updated On Mon, Oct 12th, 2020 by Saurenergy On September 26, Chinese state-owned utility Huanghe Hydropower Development (“Huanghe Hydropower”) successfully connected its 2.2 GW PV plant to the power grid in Hainan Prefecture, northwestern China’s Qinghai Province. With this, the 2.2 GW project became the world’s first ultra-high voltage power line that delivers 100% renewable energy over long distances and also the world’s […] Read more
IIM-Tiruchi’s 2 MW Solar Plant Rings in Savings For Institute Updated On Mon, Oct 12th, 2020 by Saurenergy The Indian Institute of Management, Tiruchirapalli (Tiruchi) inaugurated its 2 MW solar plant early this month. With this, the country’s 11th IIM became the first to have such a large scale solar plant to power its campus. Started in 2011, IIM-Tiruchi took support from the Rural Electrification Corporation Limited (REC) by securing a ₹ 14.2 […] Read more
