RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF Updated On Fri, Aug 16th, 2019 by Saurenergy The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Blackout in UK Brings Issue of Grid Stability and Renewable Power to the Forefront Updated On Tue, Aug 13th, 2019 by Saurenergy Britain’s National Grid is in focus after it was asked to explain the blackout on August 9, which resulted in almost a million people going without power and disruptions across the board. The blackout on Friday in Britain was the biggest in more than a decade and the evening occurrence caused rush hour travel disruption […] Read more
Apparel Brand Gap Signs 90 MW VPPA With Enel Green Power Updated On Mon, Aug 12th, 2019 by Saurenergy Gap has signed a 90 MW VPPA for the Aurora Wind Project with Enel Green Power, marking one of the largest offsite RE contracts by an apparel retailer. Global apparel retailer Gap Inc. has announced that it has signed a 90 MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of […] Read more
AMP Energy India Begins Construction on UP’s 120MW Open Access Solar Project Updated On Mon, Aug 12th, 2019 by Saurenergy The company said the estimated investment on the project is expected to be Rs 5 billion and it will be one of the largest open access solar energy projects in the state. Renewable energy power producer AMP Energy India has commenced the construction of 120 MWp open access solar power project in the state of […] Read more
Tata Power-DDL, CEEW Ink Pact to Accelerate RE in Delhi’s Micro-Grids Updated On Sat, Aug 10th, 2019 by Saurenergy This collaboration will also help in achieving Delhi’s 1 GW target of solar generation by 2020 and 2 GW by 2025, in accordance with the DERC guidelines for the implementation of group net metering and virtual net metering framework. In order to evaluate and accelerate the integration of decentralised renewable energy into Delhi’s power grid, […] Read more
Sterlite Power Wins 2 Transmission Projects Worth Over Rs 3000 Crore Updated On Fri, Aug 9th, 2019 by Saurenergy Sterlite Power has received a letter of award for two key inter-state transmission projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21. Sterlite Power, India’s leading private power transmission player, has received a letter of award for two key inter-state projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21 (Part B) […] Read more
Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction Updated On Fri, Aug 9th, 2019 by Saurenergy Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […] Read more
Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030 Updated On Fri, Aug 9th, 2019 by Saurenergy Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […] Read more