The Case For Storage Is a Tough Sell At Reinvest 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
Equinor and SSE Reach Financial Close on World’s Biggest Offshore Wind Farm Updated On Fri, Nov 27th, 2020 by Saurenergy Dogger Bank wind farm owners, Equinor and SSE, have announced financial close on the first two phases of the project, representing in aggregate the largest offshore wind project financing to date globally. “Reaching financial close on the two first phases of Dogger Bank is a major milestone, demonstrating our commitment to profitable growth within offshore […] Read more
PM Modi Strikes Optimistic Note On Future of Renewables In India At 3rd RE-invest Updated On Fri, Nov 27th, 2020 by Saurenergy Prime Minister Shri Narendra Modi inaugurated the 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020) through video conferencing. The event is being held virtually this year. The theme for RE-Invest 2020 is ‘Innovations for Sustainable Energy Transition’, and it is organized by the Ministry of New and Renewable Energy. During the inaugural session […] Read more
Dubai’s 5GW Solar Park On Track With 3rd Phase Opening Updated On Wed, Nov 25th, 2020 by Saurenergy The Dubai Water and Electricity Authority (DEWA) has formally announced the official opening of the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park (MBRAM). Named after the UAE’s Prime Minister and Vice President, Sheik Mohammed bin Rashid Al Maktoum himself came to do the honours. With the latest opening, the park’s […] Read more
Boralex to Acquire Interests in 7 Solar Plants in the US Updated On Tue, Nov 24th, 2020 by Saurenergy Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […] Read more
British Govt Planning for More Clean Energy in Next Round of CfD Scheme Updated On Tue, Nov 24th, 2020 by Saurenergy The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
“The Solar Adoption Experience For Consumers Has Been Poor” Updated On Fri, Nov 20th, 2020 by Saurenergy One of the strongest reasons for encouraging solar rooftop, besides the obvious benefits, is the opportunities it creates for jobs, when compared with utility scale solar. Thanks to a more open market, a whole eco-system of suppliers, be it modules, structures, inverters and more have adapted to the opportunity. Finally, the very fact that in […] Read more