Renewables Generated More Electricity Than Coal in the US Last Month Updated On Mon, Mar 9th, 2020 by Saurenergy Renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February In the dead of winter, renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February. Specifically, according to data from the US Energy Information Administration’s (EIA’s) new […] Read more
India-EU Partnership on Energy Research in RE and Smart Grids Updated On Mon, Mar 9th, 2020 by Saurenergy India-EU Flagship Call for cooperation in energy research and innovation, mainly in renewable energy and its integration in the energy system. India-European Union (EU) Flagship Call on Integrated Local Energy Systems was announced at India Smart Utility Week 2020. This partnership between Indian and the EU will help in Clean Energy and Climate and this […] Read more
Azelio Installs Its Renewable Energy Storage Soln in Morocco Updated On Sat, Mar 7th, 2020 by Saurenergy Swedish company Azelio said that it has completed the installation of its renewable energy storage with 24h clean power production in Morocco. Further, the installation is a partial result of the joint technical and business development agreement between Azelio, a specialist in thermal energy storage, and the Moroccan Agency for Sustainable Energy (Masen). The solution […] Read more
Public Tenders Added 80% of Current Renewable Capacity in Latin America, Caribbean Updated On Fri, Mar 6th, 2020 by Saurenergy A new report has found that over 80% of current renewable energy capacity in Latin America and the Caribbean has been driven by public tenders and auctions. On the occasion of Mexico WindPower 2020, the Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for […] Read more
Financing Global Energy Transformation Through Green Bonds: IRENA Updated On Thu, Mar 5th, 2020 by Saurenergy IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […] Read more
Power Trade at IEX Grew by 57% in February, REC Sales Increased Updated On Thu, Mar 5th, 2020 by Saurenergy The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […] Read more
Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […] Read more
TPDDL to Procure 100 MW Solar, 50 MW Wind Power From SECI After CERC Approval Updated On Wed, Mar 4th, 2020 by Saurenergy CERC while hearing on two petitions filed by TPDDL has approved the tariffs of Rs 2.54/kWh for 100 MW solar & Rs 2.52/kWh for 50 MW wind power from SECI The Central Electricity Regulatory Commission (CERC) while hearing on two petitions filed by Delhi-based power Discom Tata Power Delhi Distribution Limited (TPDDL) has approved the […] Read more
Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America Updated On Wed, Mar 4th, 2020 by Saurenergy Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […] Read more
