Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai Updated On Mon, Jan 13th, 2020 by Saurenergy The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […] Read more
ACWA Power to Build 240 MW Wind Project in Azerbaijan Updated On Fri, Jan 10th, 2020 by Saurenergy ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […] Read more
Enhanced Capital Closes Financing of 10.25 MW Solar Portfolio Updated On Thu, Jan 9th, 2020 by Saurenergy Enhanced Capital has financed a solar energy portfolio worth 10.25 MW in collaboration with GSPP, generating clean energy in California, New York, etc. Enhanced Capital, a national investment firm, announced that it has financed a solar energy portfolio in collaboration with Green Street Power Partners (GSPP), generating clean energy in New Jersey, California, Connecticut, New […] Read more
India has an Offshore Wind Energy Potential of 70 GW, 0 GW Fulfilled Updated On Thu, Jan 9th, 2020 by Saurenergy MNRE has revealed that India has an offshore wind energy potential of around 70 GW, mainly distributed along parts of the coast of Gujarat and Tamil Nadu. The Ministry of New and Renewable Energy (MNRE) has revealed that based on studies, India has an offshore wind energy potential of around 70 GW, mainly distributed along […] Read more
Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways Updated On Thu, Jan 9th, 2020 by Saurenergy The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […] Read more
Vestas Announces Target to Become Carbon Neutral by 2030 Updated On Tue, Jan 7th, 2020 by Saurenergy Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […] Read more
Zero Carbon Electricity Outstrips Fossil Fuels in the UK for 2019 Updated On Mon, Jan 6th, 2020 by Saurenergy 2019 was the cleanest year on record for the UK as, for the first time, the amount of zero-carbon power outstripped that from fossil fuels for a full year 2019 was the cleanest year on record for the United Kingdom (UK) as, for the first time, the amount of zero-carbon power outstripped that from fossil […] Read more
India Extends $75 mn LOC to Cuba for Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […] Read more
NHPC Extends Bid Submission Deadline for its 2 GW Solar Tender Updated On Fri, Jan 3rd, 2020 by Saurenergy NHPC has in its latest notification extended the deadline for bid submission for its tender for 2 GW of solar PV projects. The National Hydroelectric Power Corporation (NHPC) has in its latest notification extended the deadline for bid submission for its tender for 2 GW of solar PV projects. The deadline for bid submissions has […] Read more