Environment Ministry Trims Lease Rent on Wind Projects Updated On Fri, Aug 23rd, 2019 by Saurenergy The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […] Read more
Cost of Renewables in China to Match Coal Power by 2026: Report Updated On Thu, Aug 22nd, 2019 by Saurenergy According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […] Read more
NTPC Tenders for Procurement of 100 MW Solar or Wind Power Updated On Thu, Aug 22nd, 2019 by Saurenergy NTPC Ltd has issued a tender for procurement of power from existing solar PV power plants and wind power plants up to a cumulative capacity of 100 MW State-owned power utility NTPC Ltd has issued a tender, inviting bids from eligible bidders for the procurement of power from existing solar PV power plants and wind […] Read more
SARAL Index Adds a Sharp Edge to India’s Solar Rooftop Plans Updated On Wed, Aug 21st, 2019 by Saurenergy Shri RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, launched the State Rooftop Solar Attractiveness Index (SARAL) today at the Review Planning and Monitoring (RPM) Meeting with States and State Power Utilities in New Delhi. The SARAL index comes at an opportune time for […] Read more
Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya Updated On Wed, Aug 21st, 2019 by Saurenergy Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […] Read more
Sterling and Wilson Solar Shares Tumble 7-10% on Debut Updated On Wed, Aug 21st, 2019 by Saurenergy Shares of Sterling and Wilson Solar made a disappointing debut on the bourses, falling between 7 and 10 percent over its issue price of Rs 780. Shares of Sterling and Wilson Solar made a disappointing debut on the bourses on August 20, 2019, falling more than 10 percent over its issue price of Rs 780. The scrip […] Read more
UKCI to Invest £14 mn on 250 MW Wind Projects in South Africa Updated On Wed, Aug 21st, 2019 by Saurenergy UKCI has announced an approximate £14 million agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South Africa. The UK Climate Investments (UKCI) has announced an approximate £14 million (R253 million) agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South […] Read more
Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more