Genex Gets Funding for its 50×2 MW Solar Projects Updated On Fri, Nov 22nd, 2019 by Saurenergy “As a result of banks confirming credit approvals, JSP is now ready to commence construction, subject to the finalisation of project and financing documentation, which is expected to occur over the coming weeks,” said James Harding. ASX-listed power generation development company Genex Power has received credit approval to fund its two 50 MW each solar […] Read more
Solar Inverters Ready For the Spotlight Updated On Fri, Nov 22nd, 2019 by Saurenergy For most people, thinking of solar usually brings to mind solar panels, the distinctive signature of solar energy. But this story takes a look at another critical part of the solar chain, the inverters. These devices, tasked with the job of converting DC power to AC and more, have been largely taken for granted, even […] Read more
Is the ‘Lucky Country’ Pushing Its Luck with Climate Change? Updated On Thu, Nov 21st, 2019 by Saurenergy Australia, for long the ‘lucky country’ due to a variety of reasons, especially its size, abundance of natural resources and some would say, distance from the rest of the world, is finally feeling the heat from climate change, activists say. Is that true? And How well prepared is Australia to do its bit? Just over […] Read more
Karnataka’s Pavagada Reaches 1850 MW Milestone with 100MW Avaada Commissioning Updated On Thu, Nov 21st, 2019 by Saurenergy The Pavagada Solar Park, a showpiece project for the Government of Karnataka as well as the International Solar Alliance (ISA) for its massive capacity (2050 MW) and the way it managed all stakeholders including land owners, has just reached another milestone. Industry sources say that Avaada Energy has commissioned 100 MW at the park, taking […] Read more
Europe to Lead RE Cost Reductions for Offshore Wind Through 2028 Updated On Wed, Nov 20th, 2019 by Saurenergy The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […] Read more
Neoen and Tesla to Expand World’s Largest Li-ion Battery System Updated On Tue, Nov 19th, 2019 by Saurenergy Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […] Read more
Renewable Certificate Sales Fall 2.25% in October, Down to 6.87 Lakh Updated On Mon, Nov 18th, 2019 by Saurenergy Sales of renewable energy certificates dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago Sales of renewable energy certificates (REC) dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, […] Read more
BRICS Nations Urged to Adapt Fiscal Policies to Clean Energy Transition Updated On Wed, Nov 13th, 2019 by Saurenergy Governments receiving revenue from fossil fuels will see a sudden gap in budgets if they don’t adapt their fiscal policy to the clean energy transition A new report has warned that if governments receiving a lot of revenue from fossil fuels—whether through their consumption or production—will see a sudden gap in their budgets if they […] Read more
EESL Trims EV Order by a Massive 70%, After Andhra Cancellation Updated On Wed, Nov 13th, 2019 by Saurenergy EESL has scaled down its EV order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis. Energy Efficiency Services Limited (EESL) has scaled down its electric vehicle (EV) order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis […] Read more