Europe Invested a Record €26 bn in Offshore Wind in 2020: Report Updated On Tue, Feb 9th, 2021 by Saurenergy Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […] Read more
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines Updated On Tue, Feb 9th, 2021 by Saurenergy MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […] Read more
India’s Consumption Trends in January Sign of Economic Growth: RK Singh Updated On Mon, Feb 8th, 2021 by Saurenergy Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […] Read more
NSEFI Suggests Amendments in Gujarat Solar Policy to Boost Investments Updated On Mon, Feb 8th, 2021 by Saurenergy NSEFI has welcomed the Gujarat Solar Policy 2021 and submitted suggestions which it believes will further boost investment in the sector National Solar Energy Federation of India (NSEFI) has welcomed the Government of Gujarat Solar Power Policy 2021, where the Capacity Restriction of 50 percent of Contracted Demand has been withdrawn. However to promote the […] Read more
IPL Announces Agreement to Acquire 195 MW Solar Plant Updated On Mon, Feb 8th, 2021 by Saurenergy Indianapolis Power & Light Company (IPL), a subsidiary of the AES Corporation (NYSE: AES), today announced an agreement to acquire a 195 megawatt solar project. Expected to be completed in 2023, the solar project will be located in Clinton County, Ind., and Invenergy will develop the project and manage construction. Once operating, the solar facility will generate enough electricity […] Read more
Leyline Partners With Momentum to Invest in Growing Energy Storage Market Updated On Mon, Feb 8th, 2021 by Saurenergy Leyline Renewable Capital, a leading provider of pre-construction debt and equity capital for renewable energy development, announced a new partnership with Momentum Energy Storage Partners, an energy storage developer based in Columbus, Ohio. Leyline’s funding will facilitate the development of numerous renewable energy projects across the United States, including existing endeavours underway within the Pennsylvania, Jersey and Maryland Power Pool (PJM) […] Read more
Sungrow Supplies 21 MWh Solar-plus-Storage Plant in Japan Updated On Mon, Feb 8th, 2021 by Saurenergy Sungrow, a leading inverter solution supplier for renewables, has announced that a 21 MWh utility-scale solar-plus-storage project powered by the Company in Hokkaido, Japan, has been commercially operational since December 2020, demonstrating the continued efforts in maximising profit from solar energy and decarbonising the Japanese economy under the FiT incentives. The project occupies around 85 […] Read more
Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore Updated On Mon, Feb 8th, 2021 by Saurenergy Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […] Read more
Total Expands US Portfolio With Acquisition of 2.2 GW Solar Pipeline, 600 MW Storage Updated On Mon, Feb 8th, 2021 by Saurenergy Total has strengthened its presence in the US market by acquiring a pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets French major Total has announced that it has strengthened its presence in the US market by acquiring a development pipeline of 2.2 GW of solar projects, and 600 MW […] Read more
