Renewables Produce Record 50.7% of Energy in May in Spain Updated On Tue, Jun 8th, 2021 by Saurenergy The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
Pakistan Must Shift Focus from Coal to Renewable Energy: IEEFA Updated On Fri, May 7th, 2021 by Saurenergy There is no second life for coal Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore […] Read more
EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy Updated On Sat, Apr 17th, 2021 by Saurenergy In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […] Read more
