Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project Updated On Thu, Dec 10th, 2020 by Saurenergy The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […] Read more
IRENA and AfDB to Scale up Renewable Investments in Africa Updated On Wed, Dec 9th, 2020 by Saurenergy IRENA and AfDB have agreed to work together to advance energy transition through initiatives that support renewable investments in Africa The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the energy transition in Africa through joint initiatives that support investments in low-carbon energy projects. […] Read more
IIT Kanpur Establishes Department of Sustainable Energy Engineering Updated On Wed, Dec 9th, 2020 by Saurenergy IIT Kanpur has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and renewable energy sector IIT Kanpur has announced that it has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and […] Read more
COVID-19 Further Slowed Down Global Progress on Energy Efficiency: IEA Updated On Fri, Dec 4th, 2020 by Saurenergy A new IEA report has stated that the already sluggish pace of global progress on energy efficiency is set to slow further as a result of the economic impacts of the COVID-19 crisis. A new report by the International Energy Agency (IEA) has stated that the already sluggish pace of global progress on energy efficiency […] Read more
DSD Acquires 17 MW Community Solar Portfolio in New York from Source Renewables Updated On Wed, Dec 2nd, 2020 by Saurenergy Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets. The three projects, one of which includes solar and storage, were developed by Source Renewables from greenfield, and are expected to reach commercial operation next summer. “DSD was drawn to […] Read more
ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy Updated On Wed, Dec 2nd, 2020 by Saurenergy ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […] Read more
Macquarie Owned Blue Leaf Energy Enters India With Vibrant Energy Acquisition Updated On Tue, Dec 1st, 2020 by Saurenergy Blue Leaf Energy Asia Pte Limited (Blueleaf Energy) has acquired a majority stake in Vibrant Energy Holdings Pte Ltd (Vibrant Energy) from ATN International, Inc (ATN). Vibrant Energy claims to currently have a portfolio of 66 MW of operational solar PV projects, and an active development pipeline of over 400 MW across India. By combining […] Read more
REInvest 2020- Decoupling From Solar, Higher Peaking Tariffs Key For Wind Energy Updated On Tue, Dec 1st, 2020 by Saurenergy At 38.26 GW of installed capacity till October 3, 2020, India is the fourth largest market for wind energy in the world. Yet, the industry has been overtaken by a sense of pessimism in the past couple of years, as fresh additions have slowed down, and multiple other issues have cropped up. Discussing this, and […] Read more
