Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Tata Projects Completes 110 km Transmission Line Project in Thailand Updated On Tue, Aug 11th, 2020 by Saurenergy TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of India’s fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission […] Read more
As Oil and Gas Shrink, Wind Industry Takes Over in Texas: IEEFA Updated On Tue, Aug 11th, 2020 by Saurenergy The wind industry in West Texas is booming an area known historically for its boom-and-bust oil cycles, concludes a report published by IEEFA. The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published by the Institute for Energy Economics […] Read more
Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA Updated On Mon, Aug 10th, 2020 by Saurenergy ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […] Read more
Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target Updated On Mon, Aug 10th, 2020 by Saurenergy As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […] Read more
CERC Issues Draft Amendments for ISTS Connectivity of RE Projects Updated On Mon, Aug 10th, 2020 by Saurenergy CERC has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on RE sources to the ISTS. The Central Electricity Regulatory Commission (CERC) has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on renewable energy (RE) sources to inter-State transmission […] Read more
Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka Updated On Mon, Aug 10th, 2020 by Saurenergy Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […] Read more
First Solar Sells North American O&M Business to NovaSource Updated On Fri, Aug 7th, 2020 by Saurenergy First Solar has announced that it has entered into an agreement under which NovaSource will acquire its North American O&M business. American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services – First Solar has announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power […] Read more
