Mexican Govt Blames COVID-19 for Seizing Renewables Energy Updated On Mon, May 18th, 2020 by Saurenergy The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy in the energy mix The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energy like solar and wind power, granting a […] Read more
Top 10 States for Renewable Energy Installations in Last 4 Years Updated On Fri, May 15th, 2020 by Saurenergy A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel […] Read more
CPP Investments Commits €200 Mn to Offshore Wind Projects in France Updated On Thu, May 14th, 2020 by Saurenergy CPP Investments acquires 49% of the entity that holds Enbridge’s stake in its partnership with EDF Renewables that is developing 3 offshore wind farms in France. Canada Pension Plan Investment Board (CPP Investments) has announced that its wholly-owned subsidiary, CPP Investment Board Europe, has reached an agreement with Enbridge to acquire 49 percent of the […] Read more
Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms Updated On Thu, May 14th, 2020 by Saurenergy The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […] Read more
EV, Battery Storage to Lead Non-Power Generation Technology Investments by G20 Countries Updated On Wed, May 13th, 2020 by Saurenergy Electric vehicles (EVs) and battery storage lead in the current and planned non-power generation technology in which senior business leaders from G20 countries have invested in or are committed to investing in, as said by an international law firm. The law firm Ashurst in its new research report – Powering Change – Energy in Transition, […] Read more
Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
Will India have greater success with manufacturing when it comes to energy storage? Updated On Tue, May 5th, 2020 by Saurenergy The ongoing global economic crisis due to the coronavirus pandemic has raised concerns about India’s dependence on imports and strongly put the case for encouraging domestic manufacturing in the country. Though, the government also aimed to support the industry but the road towards this is filled with lot of challenges, which needs to be sorted […] Read more
PM Stresses on Attracting Private Investments for Power Sector Updated On Fri, May 1st, 2020 by Saurenergy Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […] Read more
Offshore Wind Energy Major Ørsted Posts Strong Q1 Numbers Updated On Thu, Apr 30th, 2020 by Saurenergy Ørsted has released its interim report for Q1 2020, reporting an operating profit of DKK 6.8 billion up 33 percent over the same quarter last year. Global offshore wind energy leader, Ørsted has released its interim report for the first quarter (Q1) of 2020. The firm has reported an operating profit (EBITDA) of DKK 6.8 […] Read more
