OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund Updated On Mon, Feb 25th, 2019 by Saurenergy The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Siemens Gamesa’s turbine named Best Offshore Turbine for 2018 Updated On Thu, Jan 3rd, 2019 by Saurenergy This machine stands out for its excellent track record, the size of the order book and the interest it has aroused in emerging offshore markets. Windpower Monthly magazine recently named the Siemens Gamesa wind turbine as Best Offshore Turbine for 2018. Siemens Gamesa’s SG 8.0-167 DD wind turbine has been awarded as the “Best Rotor […] Read more
Ørsted Commissions 20 MW Battery in UK Updated On Thu, Jan 3rd, 2019 by Saurenergy The 20 megawatt (MW) battery, located in Liverpool, consists of three battery containers, as well as the associated power conversion system. Ørsted, Denmark’s biggest energy company has commissioned its first large-scale battery energy storage project of 20MW capacity. This project supports the 90MW wind farm’s production scheduling as well as providing some grid services. The […] Read more
Poland Passes Amendment to Back Renewable Energy Updated On Wed, Aug 8th, 2018 by Saurenergy Waiting for the president’s assent, the amendment aims at reducing the carbon footprint for the country which is heavily dependent on fossil fuel energy. Giving support to the use of clean energy, upper house of the Polish parliament passed an amendment to encourage more investment in Poland renewable energy. Waiting for the president’s assent, the […] Read more
Artificial Intelligence (AI) Will Enhance the Efficiency of Renewable Energy Projects: Reports Updated On Thu, Nov 23rd, 2017 by Saurenergy The use of autonomous drones will offer quicker and efficient remote inspection and maintenance. As per the suggestion by DNV GL, stating that technologies such as autonomous robotics and machine learning can help improve areas such as decision making and planning, condition monitoring, inspections and supply chain optimization which in turn help boost efficiencies across the renewable energy […] Read more
Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
CERC Proposes Levelized Generic Tariff for Select Renewables Updated On Tue, Apr 25th, 2017 by Saurenergy Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […] Read more
MNRE is Organizing National Review Meeting for RE on 23rd and 24th January, 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy State Principal Secretaries/Secretaries dealing with Renewable Energy (RE) and the Heads of State Nodal Agencies (SNAs) for RE to review the implementation of various RE programmes and initiatives Ministry of New & Renewable Energy is organizing National Review Meeting on on 23rd and 24th January, 2017. The review meeting will be of State Principal Secretaries/Secretaries […] Read more