Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022 Updated On Fri, Nov 15th, 2019 by Saurenergy Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […] Read more
Canadian Solar Partners up for 370 MW Mexico Solar Portfolio Updated On Fri, Nov 15th, 2019 by Saurenergy Canadian Solar has sold 49 percent interest in three solar projects in Mexico totalling 370 MWp to KEPCO and Sprott Korea Canadian Solar, one of the world’s largest solar power companies, has announced that it has sold 49 percent interest in three solar photovoltaic projects in Mexico totalling 370 MWp (294 MWac) to Korea Electric Power Corporation (KEPCO), South Korea’s largest electric […] Read more
Tech Mahindra, Mahindra TEQO Partner to Create Digital Solutions for RE Industry Updated On Fri, Nov 15th, 2019 by Saurenergy Tech Mahindra has announced a partnership with Mahindra TEQO to create digital solutions for the global renewable energy industry. Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has announced a partnership with Mahindra TEQO (Technology, Quality and Operations), the newly formed renewable energy asset management company, to create […] Read more
Nordex Bags Wind Turbine Orders Worth 248 MW in Turkey Updated On Wed, Nov 13th, 2019 by Saurenergy The Nordex group as announced that it has received orders for wind turbine deliveries for projects worth 248 MW in Turkey Since entering the wind energy market in Turkey in 2007, the Nordex Group has installed more than 2.03 GW of wind capacity in the country, representing a market share of almost 27 percent. And […] Read more
MNRE Issues Guidelines for Executing Component-C of KUSUM Scheme Updated On Wed, Nov 13th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore PM Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) scheme. The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore Pradhan Mantri-Kisan Urja Suraksha evam Uthan Mahabhiyan (PM-KUSUM) scheme. […] Read more
JA Solar Supplies Modules for 32 MW Solar Plus Storage Project Updated On Mon, Nov 11th, 2019 by Saurenergy JA Solar has announced that it supplied all PERC modules for a 32 MW solar energy plus storage facility that has been successfully tied to grid in Japan JA Solar, a world-leading manufacturer of high-performance photovoltaic products, has announced that it supplied all PERC modules for a 32 MW solar energy-plus-storage facility. The facility, one […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
Investments in Climate Action Increasing, but not Fast Enough: Report Updated On Fri, Nov 8th, 2019 by Saurenergy A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […] Read more
