Germany’s RWE To Build 1GW Solar Farm in Greece, Battery Storage Project in Netherlands Updated On Fri, Feb 9th, 2024 by Saurenergy Germany based renewable energy company RWE and Greek public firm PPC have announced their final investment decision for the construction of an additional photovoltaic project in the country. The plant will be built through their joint venture company Meton Energy. This solar farm is the last project of the 940 MWp (870 MWac) Amynteo portfolio, […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
Germany’s Renewable Energy Generation Witnesses 5% Rise YoY Updated On Mon, Jan 8th, 2024 by Saurenergy The Bundesnetzagentur, a German energy regulatory office published its electricity market data for 2023. In mentioned an increase in share of renewable energy generation in 2023, especially in the market share of the grid load. It estimated that the electricity generated from renewable sources stood at 55.0 percent, a rise from 48.42% in 2022. It […] Read more
Vestas Nets 1.38 GW Norfolk Vanguard West Offshore Wind Project Updated On Wed, Dec 27th, 2023 by Saurenergy Vattenfall, the Swedish renewable energy company, has chosen Vestas, the Danish wind turbine manufacturer, as the preferred supplier for the Norfolk Vanguard West project in UK, which boasts a capacity of 1.38 gigawatts (GW). As part of the preferred supplier agreement for the Norfolk Vanguard West project, Vestas will provide 92 V236-15 MW offshore wind […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more
Bihar State Power Generation Company Ltd to Procure Power for 10 MW Floating PV Updated On Fri, Dec 1st, 2023 by Saurenergy Bihar State Power Generation Company Ltd (BSPGCL) has issued a tender for the procurement of power through tariff-based competitive bidding from grid-connected 10 MW (AC) floating solar PV power project to be set up under RESCO mode over the Reservoir of Phulwaria Dam at Rajauli, Nawada in the state of Bihar. The Earnest Money Deposit […] Read more
Tamil Nadu Exempts 50% Of Rooftop Solar Network Charges For MSMEs Updated On Wed, Nov 29th, 2023 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC), in its latest order, approved the directive of the state government to waive off 50 percent of the network charges for rooftop solar consumers in the MSME sector. Earlier, the government on November 11 had announced the move during the State Assembly session. The government, in its order, had […] Read more
Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more