European Companies Set Record For Wind Power Deals Updated On Wed, Jan 30th, 2019 by Saurenergy European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Samsung’s Bengaluru R&D Centre Switches to Solar Energy Updated On Wed, Jan 30th, 2019 by Saurenergy Through ‘energy wheeling’, the solar farm adds the required power to the state electricity grid and SRI-B in turn, receives an equal amount of power from the local electricity grid. Samsung’s R&D centre in Bengaluru (SRI-B) has switched to solar power to light up its campus situated in the country’s IT capital. The campus which […] Read more
Farmers Granted Option to Pick Solar-Powered Tube-Wells Updated On Tue, Jan 29th, 2019 by Saurenergy 75 percent cost of the solar connection will be borne by the state government in the form of subsidy. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has rolled out the facility of solar-powered tube wells for farmers across the state. At a price point which will be nearly 40 percent less than the conventional systems […] Read more
Solar Energy Brings Electricity to Coastal Village in Odisha Updated On Tue, Jan 29th, 2019 by Saurenergy The government is providing solar energy to the families of Charigharia under the Deen Dayal Upadhaya Grameen Jyoti Yojana (DDUGJY) with the Centre’s help. For the Charigharia village located inside the Bhitarkanika National Park (BNP) in Gupti gram panchayat under Rajnagar block in Odisha, access to electricity was a distant dream. But now under a […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
SECI and HPPC Sign PSA for 590 MW of Wind Power Updated On Tue, Jan 29th, 2019 by Saurenergy SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […] Read more
Power Distribution Sector Needs Skill Development and Soon! Updated On Mon, Jan 28th, 2019 by Saurenergy Distribution companies need to undertake measures like smart metering, smart grid technology, switching to renewable sources of energy, adoption of blockchain in managing distributed energy resources and Artificial Intelligence. All of this calls for upscaling of existing workforce and preparing future power sector professionals to make strong impacts in the power sector. The need of […] Read more
Gujarat Frames Land Policy for Renewable Energy Projects Updated On Mon, Jan 28th, 2019 by Saurenergy A total area which can accommodate 30,000 MW of renewable energy will be sanctioned for these parks, with each park large enough to install a minimum of 1,000 MW. Gujarat has released its land policy for renewable energy projects, which seeks to set up wind parks and wind-solar hybrid parks in the state, similar to […] Read more
