Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
All 102 Turbines Installed at 714 MW East Anglia ONE Offshore Wind Farm Updated On Thu, Apr 30th, 2020 by Saurenergy ScottishPower Renewables and Macquarie’s GIG have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore wind farm ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have announced that they have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore windfarm – […] Read more
Supply Disruptions from China Might Slowdown Wind Installations in India Updated On Thu, Apr 30th, 2020 by Saurenergy COVID-19 is expected to cause delays in commissioning of wind projects in India due to disruptions to the supplies from China Wind energy at one point has been the fastest growing renewable energy sector in India in terms of installed capacity. India is the world’s fourth-largest onshore wind market with a cumulative installed capacity of […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
Residential Solar. Market Yes, But Marketing? Updated On Wed, Apr 29th, 2020 by Saurenergy Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […] Read more
Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders Updated On Wed, Apr 29th, 2020 by Saurenergy Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Is Solar Market At Risk of Shutting Out Competition? Updated On Wed, Apr 29th, 2020 by Saurenergy With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […] Read more
100 MW Solar Plus Storage Project Approved by Arkansas Commission Updated On Wed, Apr 29th, 2020 by Saurenergy The Arkansas Public Service Commission has approved a new 100 MW utility-scale solar project along with a 10 megawatts of battery storage system The Arkansas Public Service Commission has approved a new utility-scale solar project that will provide Entergy Arkansas customers with 100 megawatts (MW) of solar power and 10 megawatts of battery storage. The […] Read more
