Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more
ISA countries support commissioning of a Study on CRMM for Solar Power Generation Projects in Solar Resource Rich Countries Updated On Sat, May 20th, 2017 by Saurenergy The proposed CRMM will offer a simple and affordable tool that will create a secure environment for private institutional investment in solar assets. Argentina, Burkina-Faso, Chad, France, India, Ivory Coast, Mali, Namibia, Niger, Nigeria, Sénégal, Uganda and Yemen have jointly supported commissioning of a study to define and structure a Common Risk Mitigation Mechanism (CRMM) […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
Andhra Pradesh Government Plans to Float Tenders for Two Pilot Battery-Backed Solar Power Projects Updated On Thu, May 18th, 2017 by Saurenergy Andhra Pradesh Chief Minister N Chandrababu Naidu has emphasized the need to tap and store the solar power in reducing power charges. With rapid growth in the solar power capacity and changes in the battery backup technologies, the Andhra Pradesh Government plans to float tenders for two solar parks to be taken up on a […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline Updated On Wed, May 17th, 2017 by Saurenergy 8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […] Read more
NTPC Invites Tenders for Battery Energy Storage System for 17 MW Solar PV Project in South Andaman Updated On Thu, May 11th, 2017 by Saurenergy NTPC in its tender document has mentioned that the scope of work include design, engineering, installation, testing, grid integration with 17 MW solar PV Plant and 33 kV grid, of 6 MW, 24 MWh (at 33KV output throughout life of 25 Years) Battery Energy Storage System. NTPC Ltd. has invited online bids from eligible bidders […] Read more
BayWa r.e. commissions solar projects with output of 76MWp Updated On Mon, May 8th, 2017 by Saurenergy BayWa r.e. has set up all of these turnkey plants within the last five months. The commissioning in March 2017 ensured accreditation of these solar projects for ROC 1.2 promotional programmes in England and Wales as well as for ROC 1.4 in Northern Ireland BayWa r.e. has announced that it has successfully connected seven solar […] Read more
