Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
Climate Change Affecting India’s Wind Power Generation: Study Updated On Tue, Apr 2nd, 2019 by Saurenergy Increased warming in the Indian Ocean and the resultant weakening of the Indian summer monsoon may come in the way of India’s goal of leading the world’s wind power generation. The potential electricity production has reduced by about 13% in the past 40 years Researchers from Harvard University, US, and National Climate Center in Beijing, […] Read more
IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy Updated On Tue, Apr 2nd, 2019 by Saurenergy The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […] Read more
India and Chile Should Jointly Promote Solar Energy Globally : President Updated On Tue, Apr 2nd, 2019 by Saurenergy Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change. President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability. Kovind, who arrived after visiting […] Read more
GE Renewable Energy Secures First Order For Cypress Platform Updated On Tue, Apr 2nd, 2019 by Saurenergy GE Renewable Energy will supply its largest onshore wind turbine for Prowind’s project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GE’s Cypress platform, the company’s largest onshore wind turbine in the field. Prowind will operate […] Read more
Sydney Sets 100% Renewables Target For 2030 Updated On Mon, Apr 1st, 2019 by Saurenergy The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […] Read more
SLDC Can’t Cut Down Renewable Power Per Convenience : TNERC Updated On Mon, Apr 1st, 2019 by Saurenergy TNERC outlined these findings in a petition regarding stopping issuance of backing down or curtailment instructions to solar projects. In a significant move for the energy sector, the Tamil Nadu Electricity Regulatory Commission (TNERC) has stated that State Load Dispatch Centre (SLDC) cannot curtail renewable power at their convenience, adding that backing down of the “Must Run Status” power shall […] Read more
The Renewable Energy Storage Conundrum has a New Solution: Proton Conducting Fuel Cell Updated On Mon, Apr 1st, 2019 by Saurenergy Two research teams have worked out a way for a better performance by the new proton conducting fuel cells, that can make fuel and reconvert it to electricity using just one set of catalyst, increasing the energy efficiency in these cells and in turn standing out as a viable solution for the renewable energy storage […] Read more
22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19 Updated On Mon, Apr 1st, 2019 by Saurenergy In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year. Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […] Read more
