OX2 Buys 500 MW Wind and Solar Projects in Greece Updated On Fri, Mar 25th, 2022 by Saurenergy OX2 AB has announced that it has acquired two important portfolios of wind and solar development projects in Greece. The Swedish renewables developer said that the combined capacity of the two is in excess of 500 megawatt (MW). OX2 informed that the wind and solar projects are located in different regions of Greece. They are […] Read more
Austria will Release €250 million for Wind and Solar Projects Updated On Thu, Mar 24th, 2022 by Saurenergy Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […] Read more
‘Grandfathering’ Of Solar Projects Bid Out Before March 9, 2021 Back on Agenda Updated On Thu, Mar 24th, 2022 by Saurenergy The thorny issue of protecting projects that were bid out before March 9, 2021 subsequent to which the Power and MNRE Minister R.K. Singh announced plans to impose high customs duties on Solar module and cell imports, moved a step closer to a resolution it seems. Mr Singh has confirmed that the MNRE ministry has […] Read more
MNRE to Give Three Months’ Relief in SCD of Wind Energy Projects Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has decided to give an extra three months relief to wind power developers whose projects could not be commissioned in time due to the second wave of Covid-19 and also the onset of monsoon. Earlier, the MNRE allowed the period of disruption from April 1, 2021 to […] Read more
Nexamp activates two solar+storage projects in Massachusetts Updated On Wed, Mar 23rd, 2022 by Saurenergy US distributed solar power generation company Nexamp has completed two energy storage projects, marking another milestone toward the buildout of a cleaner and more resilient regional power grid, an official statement said. Co-located with existing Nexamp community solar farms in Massachusetts, the battery storage projects are expected to provide critical frequency regulation services for the […] Read more
Shell Announces 17 GW Offshore Wind Projects in Brazil Updated On Tue, Mar 22nd, 2022 by Saurenergy Global oil and gas conglomerate Shell has announced that it has applied for environmental investigation licences with Institute for the Environment and Natural Resources (IBAMA), Brazil, for the development of six offshore wind projects. The total capacity of the six projects comes up to 17 GW. Shell has overtaken Ventos do Atlântico that has 15 GW licenses […] Read more
CII Pitches for Free Access For Green EV Charging Updated On Tue, Mar 22nd, 2022 by Saurenergy Key Industry body Confederation of Indian Industry (CII) has pitched to make Open Access almost free where EV charging stations are powered by green energy, namely solar or wind energy. The idea is already being tried out in many places worldwide. “The Confederation of Indian Industry (CII) has called for an early policy notification for […] Read more
Strong demand prospects for RE projects in C&I segment; regulatory risks key challenge: ICRA Updated On Mon, Mar 21st, 2022 by Saurenergy Demand prospects for renewable energy (RE) capacity addition in the commercial & industrial (C&I) segment remain solid, given the improved tariff competitiveness and growing sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going forward, finds ICRA. If that sounds obvious, then the agency also flags risks, that really shouldn’t be there […] Read more
Punjab Invites Bids for 217 MW Solar Power Projects Under PM-KUSUM Updated On Mon, Mar 21st, 2022 by Saurenergy The Punjab Energy Development Agency (PEDA) has invited applications from farmers, groups of farmers, panchayats, cooperatives, Farmer Producer Organisations (FPOs) and water use associations in Punjab for setting up of solar power plants of individual capacity of 1MW, 1.5 MW and 2 MW. the move comes even as Punjab struggles to find a way out […] Read more
