Germany Met 65% of its Weekly Energy Demands From Renewables Updated On Wed, Mar 13th, 2019 by Saurenergy Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […] Read more
EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power Updated On Fri, Mar 1st, 2019 by Saurenergy This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […] Read more
Google and DeepMind Are Using Machine Learning to Predict Wind Energy Output Updated On Thu, Feb 28th, 2019 by Saurenergy Google’s partnership with DeepMind to make wind power more predictable and valuable is a concrete step toward the aspiration of sourcing carbon-free energy on a 24×7 basis. Over the past decade, wind farms have become an important source of carbon-free electricity as the cost of turbines has plummeted and adoption has surged. However, the variable […] Read more
Spain Amends Renewable Energy Targets to 74% By 2030 Updated On Wed, Feb 27th, 2019 by Saurenergy The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […] Read more
Risen Energy Begins Work on 117 MW Mexico Solar Project Updated On Wed, Feb 27th, 2019 by Saurenergy With a total installed capacity of 117MW, the facility is expected to supply 269,068 MWh of green electricity to Mexico annually. Chinese Solar Module Manufacturer, Risen Energy has initiated work on its 117 MW solar park in Mexico, the company has issued in a statement. This marks the solar panel maker’s formal entry into the build-out […] Read more
Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
Maldives Steps Up Renewable Adoption With 5 MW Solar Tender Updated On Mon, Feb 25th, 2019 by Saurenergy The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […] Read more
Adani Green Energy Arm Awarded 150 MW Solar Tender in Gujarat Updated On Mon, Feb 25th, 2019 by Saurenergy The project is expected to be commissioned by October-December quarter of the 2020-21 financial year. Adani Green Energy in a recent regulatory filing has announced that its wholly-owned subsidiary Adani Renewable Energy Park (Gujarat) has been awarded a tender to set up 150 MW of solar power projects in the state of Gujarat. The project is expected […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
