Siemens to Supply HV Equipment for 1.6 GW Offshore Wind Farm in US Updated On Wed, Jun 10th, 2020 by Saurenergy Siemens has been awarded an order from Semco Maritime to provide the main electrical equipment for the ESP of the 1.6 GW Mayflower Wind offshore project Siemens has been awarded an order from Danish customer Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the offshore wind project Mayflower […] Read more
Broad Reach Power to Build 15 Battery Storage Projects in Texas Updated On Wed, Jun 10th, 2020 by Saurenergy Broad Reach Power has announced that it will build 15 utility-scale battery storage plant sites in areas near Houston and Odessa in Texas by the end of 2020 Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three-gigawatt portfolio of utility-scale solar and energy storage power […] Read more
New Massachusetts Regulations Would Cancel Nearly 80 Solar Projects: Analysis Updated On Wed, Jun 10th, 2020 by Saurenergy CCSA recently released a comprehensive analysis revealing how new regulations would have the unintended consequence of canceling nearly 80 solar energy projects in Massachusetts The Coalition for Community Solar Access (CCSA) recently released a comprehensive analysis revealing how new clean energy regulations would have the unintended consequence of canceling nearly 80 solar energy projects in […] Read more
Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
Covid-19 Created Opportunity to Implement Greener, More Circular Economy: Dr. Ajay Mathur Updated On Sat, Jun 6th, 2020 by Saurenergy The coronavirus pandemic has created the opportunity to implement a greener, more circular economy, said Dr. Ajay Mathur, Director General, The Energy and Resources Institute, (TERI). He was speaking at a webinar hosted to mark the World Environment Day on the theme, “Resource Efficiency for Greening of Recovery and fostering Sustainable Economic Growth in a […] Read more
US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar Updated On Fri, Jun 5th, 2020 by Saurenergy The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […] Read more
Water Scarcity Driving Smarter Solutions in Solar Projects Updated On Wed, Jun 3rd, 2020 by Saurenergy India is a country that is developing rapidly and with this growth comes an increasing demand for water. Although India is well endowed with strong natural river systems, water scarcity is becoming a serious issue in the country. With higher demand for electricity, traditional sources of energy have become a liability not just due to […] Read more
Ajoy Choudhury Appointed as REC’s New Director Finance Updated On Mon, Jun 1st, 2020 by Saurenergy State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the company’s Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that “Ajoy Choudhury… has been appointed as Director […] Read more
PPA for Thermal Plant with Adani Power in MP Raises Important Questions Updated On Mon, Jun 1st, 2020 by Saurenergy The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […] Read more
