NIPSCO and Capital Dynamics Sign 280 MW Solar Energy Power Purchase Agreement Updated On Thu, Dec 17th, 2020 by Saurenergy Agreement furthers goal of bringing more affordable, cleaner energy to NIPSCO consumers Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, signed a long-term Power Purchase Agreement (PPA). Under the terms of the PPA, NIPSCO […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets Updated On Thu, Dec 17th, 2020 by Saurenergy NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […] Read more
China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
Vena Energy Selects Doosan to Deliver Queensland’s Largest Grid-Scale Energy Storage System Updated On Tue, Dec 15th, 2020 by Saurenergy Vena Energy has named Doosan GridTech as its EPC partner to build Queensland’s largest energy storage system. Vena Energy-Australia has named Doosan GridTech as its engineering, procurement, and construction (EPC) partner to build Queensland’s largest energy storage system. This battery energy storage system (BESS) will play a major role in improving grid stability and supporting […] Read more
Ola Gears Up For Electric Scooter Entry With MOU For Plant in Tamil Nadu Updated On Mon, Dec 14th, 2020 by Saurenergy Ola, the largest Indian ride-hailing firm is beginning its journey into EV manufacturing with a plant to make electric scooters in Tamil Nadu, India. The SoftBank- financed company will reportedly invest Rs. 2,400 Crores in setting up the world’s largest scooter manufacturing facility in India which will produce approximately 10,000 jobs in the country. On […] Read more
Siemens Energy teams up with Duke Energy, Clemson University to study hydrogen use Updated On Fri, Dec 11th, 2020 by Saurenergy Siemens Energy, Duke Energy and Clemson University have teamed up to study the use of hydrogen for energy storage and as a low- or no-carbon fuel source to produce energy at Duke Energy’s combined heat and power plant at Clemson University in South Carolina. The U.S. Department of Energy announced today that it awarded Siemens Energy a $200,000 grant for the research […] Read more
Amazon Adds 26 new Solar and Wind Projects, Takes 2020 Total Beyond 4 GW Updated On Fri, Dec 11th, 2020 by Saurenergy Amazon has added 26 new wind and solar projects totaling 3.4 GW of electricity production capacity to its corporate purchase portfolio. Global e-commerce major, Amazon has announced that it has added 26 new utility-scale wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity to its corporate purchase portfolio. With the latest […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
