71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Sunrun to Expand Brightbox Offering to All Markets Updated On Fri, Nov 6th, 2020 by Saurenergy Brightbox rechargeable home battery product will be available in all markets in which Sunrun operates Sunrun Inc. (Nasdaq:RUN), the leading provider of residential solar, battery storage and energy services, today announced that it is bringing its rechargeable solar battery system, Brightbox, to all of the company’s active markets. Sunrun currently has more than 13,000 Brightbox […] Read more
Renewables can Help Kosovo Break From Coal-Powered Past: IEEFA Updated On Thu, Nov 5th, 2020 by Saurenergy Strong performance by its first large-scale wind and solar farms shows that Kosovo can exploit falling renewables costs to move away from fossil fuel. Strong performance by the first large-scale wind and solar farms in Kosovo shows the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with […] Read more
ADB Grants $132.8 Mn Loan to Modernise Power Distribution Network in Meghalaya Updated On Wed, Nov 4th, 2020 by Saurenergy ADB has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in Meghalaya. The Asian Development Bank (ADB) has approved a USD 132.8 million loan to improve power quality and upgrade the power distribution network in India’s northeastern state of Meghalaya. The project will construct 23 substations; renovate […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
PM Modi Launches ‘Kisan Suryoday Yojana’ for Farmers in Gujarat Updated On Mon, Oct 26th, 2020 by Saurenergy PM Modi has launched the ‘Kisan Suryoday Yojana’ in Gujarat with the aim of providing 16 hours of power supply to farmers in the state every day. Prime Minister Narendra Modi recently inaugurated 3 key projects in Gujarat through video conferencing. The key project that was launched was the ‘Kisan Suryoday Yojana’, which has been […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW Updated On Wed, Oct 21st, 2020 by Saurenergy The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […] Read more
MNRE’s Draft Policy Framework for DRE Open For Comments Till Nov 2 Updated On Wed, Oct 21st, 2020 by Saurenergy In an office memorandum issued on October 19, the MNRE (Ministry of New and Renewable Energy) has issued a Draft Policy Framework for DRE (Distributed Solar Energy) to promote DRE livelihood applications in rural areas of the country. The aim is to provide a conducive environment for the development and large-scale adoption of these applications. […] Read more
