Eni and HitecVision new Renewable Energy JV “Vårgrønn” in Norway Updated On Thu, Nov 12th, 2020 by Saurenergy The new joint venture will focus on renewable energy projects The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks […] Read more
Radiance Renewables Picks Prescinto To Monitor Its Solar Assets Updated On Wed, Nov 11th, 2020 by Saurenergy Prescinto has announced that Radiance Renewables has hired them to be their primary monitoring and performance analytics software partner. Radiance is a developer of cost-efficient, renewable energy solutions for commercial, industrial and residential customers. The Ahmedabad, Gujarat-based Prescinto’s solution to aggregate data from all types of energy sources into one single analytics platform will be […] Read more
To Meet Climate Targets, Renewable Investments Need Tripling: Report Updated On Wed, Nov 11th, 2020 by Saurenergy To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […] Read more
Odisha is now Power Surplus Thanks to Increase in Renewable Generation Updated On Wed, Nov 11th, 2020 by Saurenergy The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […] Read more
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Interest to Invest in the Indian Renewable Energy Sector Remains Strong: CEEW-CEF and IEA Updated On Mon, Nov 9th, 2020 by Saurenergy Interest to invest in the Indian renewable energy sector remains strong, according to a new report by CEEW-CEF and IEA Interest to invest in the Indian renewable energy sector remains strong, according to a new report on India’s Clean Energy Investment Trends by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy Agency […] Read more
NTPC Plans to Have a 1/4th Renewable Portfolio by the Next Decade Updated On Mon, Nov 9th, 2020 by Saurenergy NTPC plans to achieve 32,000 MW of capacity through renewable energy or 25 percent of its overall power portfolio at the beginning of the next decade. NTPC Ltd, the PSU under the Ministry of Power, recently celebrated its 46th Raising Day completing 45 years of operation and commitment to serve as India’s largest power producer. […] Read more
MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more
