NTPC Planning for Renewable InvIT in JV With NIIF Updated On Mon, Dec 21st, 2020 by Saurenergy NTPC is mulling over creating a JV with the central governments’ strategic investment fund NIIF to set up a renewable InvIT. State-owned power giant NTPC Ltd has proposed that it is mulling over creating a joint venture company with the central governments’ strategic investment fund NIIF to set up a renewable infrastructure investment trust (InvIT). As […] Read more
Xcel Energy Brings Up 522-MW Wind Plant in New Mexico Updated On Fri, Dec 18th, 2020 by Saurenergy The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […] Read more
South Asia Should Prioritise Sustainable Energy to Accelerate Economic Recovery: SEforALL Updated On Fri, Dec 18th, 2020 by Saurenergy A new guide from SEforALL shows that countries in South Asia should strengthen sustainable energy policies & finance to accelerate their economic recovery As 2020 comes to an end and the world continues to face ongoing challenges from the COVID-19 pandemic, a new guide from Sustainable Energy for All (SEforALL) shows that countries in South […] Read more
GE Renewable Energy Bags 265 MW Turbine Order From ALLETE Updated On Fri, Dec 18th, 2020 by Saurenergy GE Renewable Energy has announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm in Oklahoma. GE Renewable Energy today announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm, located in Caddo County, Oklahoma. The wind farm will utilize GE’s 2.8-127 turbines. Construction on […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC Updated On Thu, Dec 17th, 2020 by Saurenergy The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain. Having the right supply chain strategy is crucial […] Read more
IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition Updated On Thu, Dec 17th, 2020 by Saurenergy IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […] Read more
Accenture Makes Strategic Investment in Reactive Technologies Updated On Wed, Dec 16th, 2020 by Saurenergy Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more