Environment Ministry Trims Lease Rent on Wind Projects Updated On Fri, Aug 23rd, 2019 by Saurenergy The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […] Read more
Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya Updated On Wed, Aug 21st, 2019 by Saurenergy Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […] Read more
Connecticut Issues RfP for 2 GW Offshore Wind Power Updated On Wed, Aug 21st, 2019 by Saurenergy The Connecticut Department of Energy and Environmental Protection (DEEP) has released an RfP for offshore wind power procurement up to 2 GW. The Connecticut Department of Energy and Environmental Protection (DEEP) has released a request for proposals (RfP) for offshore wind power for the procurement of energy derived from offshore wind projects. This RfP seeks […] Read more
MNRE Eases Bidder Selection Norms under PM KUSUM Scheme Updated On Tue, Aug 20th, 2019 by Saurenergy MNRE further added that, to have wider competition all eligible bidders shortlisted on the basis of technical and financial criteria stipulated in the bidding document and under the price bracket of (L1 + 10 percent of L1) will be empanelled on acceptance of L1 price and have equal opportunity to work in market mode. In […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030 Updated On Wed, Aug 14th, 2019 by Saurenergy Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […] Read more
Tata Power-DDL, CEEW Ink Pact to Accelerate RE in Delhi’s Micro-Grids Updated On Sat, Aug 10th, 2019 by Saurenergy This collaboration will also help in achieving Delhi’s 1 GW target of solar generation by 2020 and 2 GW by 2025, in accordance with the DERC guidelines for the implementation of group net metering and virtual net metering framework. In order to evaluate and accelerate the integration of decentralised renewable energy into Delhi’s power grid, […] Read more
India Should Focus on Full Value Chain of Solar Manufacturing: TERI Updated On Fri, Aug 9th, 2019 by Saurenergy If India is to achieve its solar energy target of 100 GW by 2022, it should take up the full value chain of solar manufacturing, a new report has revealed. A new report has highlighted that if India is to achieve its solar energy target of 100 GW by 2022, it should take up the […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more