Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
Vattenfall Sells Rights to 240 MW Wind Farm in Scotland Updated On Tue, Apr 28th, 2020 by Saurenergy Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […] Read more
Our Door is Open for All Kinds of Technologies: Dinesh Jagdale Updated On Thu, Apr 23rd, 2020 by Saurenergy BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […] Read more
Impact of COVID-19 on Operational Projects and Rooftop Solar: Report Updated On Thu, Apr 16th, 2020 by Saurenergy COVID-19 has had a limited impact on the operational wind and solar power projects while rooftop solar projects have been the most adversely affected COVID-19 has had a limited impact on the operational wind and solar power projects as it depends on natural resources, i.e. wind and sunlight which has not been disrupted while at […] Read more
Fresh Covid Guidelines: RE Projects Allowed From April 20 Updated On Wed, Apr 15th, 2020 by Saurenergy The renewable energy industry, especially utility-scale solar and wind energy projects, received a small relief, in the form of permission to restart construction work on ongoing projects, as well as fresh projects possibly, from April 20 onwards. In an order dated April 15, signed by the Union Home Secretary, the order laid down the new […] Read more
Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
JSW Group, Adani Contribute Rs 100 Cr Each to Fight Coronavirus Pandemic Updated On Mon, Mar 30th, 2020 by Saurenergy The JSW Group and the Adani Foundation have pledged to contribute Rs 100 crore each to the PM-CARES Fund to combat the Coronavirus Outbreak (COVID-19). The JSW Group and the Adani Foundation, both key firms’ in India’s energy and specifically renewable energy sector have pledged to contribute Rs 100 crore each to the Prime Minister’s […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
