Amid Eskom Struggles & Load Shedding, South African Switches On Renewables Action Plan Updated On Tue, Jan 24th, 2023 by Saurenergy South Africa, long plagued by inefficiencies at national discom Eskon, has decided to move decisively to change the narrative. The country, facing further 2 years of load shedding as projected by Eskom, has made a plan to add 14.771 GW of new wind, solar and battery storage capacity to the national grid. Ever since 2010, […] Read more
NTPC Issues BOS Tender for ISTS Connected Wind Projects Worth 1 GW in Gujarat Updated On Tue, Jan 24th, 2023 by Saurenergy The wholly-owned subsidiary of NTPC, NTPC Renewable Energy has issued a mega tender for the balance of system package of ISTS-connected wind power projects worth 1 GW in Gujarat. The tender marks one of the larger push for onshore wind in India, a sector that has been noticeably lagging solar power growth in the past […] Read more
Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […] Read more
MP’s Neemuch 15 MW Wind, 21 MW Solar Project Withdrawn; Uncertainty Over Other Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy It was only a week ago that the mayor-in-council of the Bhopal Municipal Corporation (BMC), Malti Rai had given the green signal to a 15 MW wind power and a solar energy project with 21 MW of capacity slated for establishment in Neemuch, Madhya Pradesh. The proposal for the projects was withdrawn before it could […] Read more
Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […] Read more
Masdar Targets 5 GW of Renewables in Three African Countries Updated On Mon, Jan 23rd, 2023 by Saurenergy UAE flagship renewable energy company Masdar has revealed that it has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 GW. Deals were done under ‘Etihad 7’ initiative, a UAE-led initiative that aims […] Read more
IRA to Swell US Renewables Investment to $114 Billion: Wood Mackenzie Updated On Fri, Jan 20th, 2023 by Saurenergy A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in 2022 to nearly $114 billion is expected by 2031. The […] Read more
AREMI, Renewable Manufacturing Initiative for Africa Launched Updated On Fri, Jan 20th, 2023 by Saurenergy Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […] Read more
Oil & Gas Major Cepsa to Build 400 MW of Solar Projects in Spain Updated On Fri, Jan 20th, 2023 by Saurenergy Spanish oil and gas major Cepsa has announced that it will be building three new solar power projects in Castilla-La Mancha of Spain. Cepsa said that the total capacity of the three farms will be 400 MW. Cepsa will develop the solar projects in the towns of Campo de Criptana and Arenales de San Gregorio […] Read more
