TCCL Report on Renewable Integration & Curtailment: Causes, Solutions and Impact on Project Bankability Updated On Thu, Dec 17th, 2020 by Saurenergy As renewable energy penetration deepens, curtailment issues are rising since the installations are concentrated largely in a few states. The equity IRR could fall below zero if the curtailment exceeds 40% and ADSCR would fall below unity if the curtailment exceeds 20%. The reports deals with the potential solutions including demand side and supply side […] Read more
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
Vena Energy Selects Doosan to Deliver Queensland’s Largest Grid-Scale Energy Storage System Updated On Tue, Dec 15th, 2020 by Saurenergy Vena Energy has named Doosan GridTech as its EPC partner to build Queensland’s largest energy storage system. Vena Energy-Australia has named Doosan GridTech as its engineering, procurement, and construction (EPC) partner to build Queensland’s largest energy storage system. This battery energy storage system (BESS) will play a major role in improving grid stability and supporting […] Read more
Veolia Secures Blade Recycling Contract in the US With GE Renewable Energy Updated On Thu, Dec 10th, 2020 by Saurenergy GE Renewable Energy has signed a multi-year agreement with Veolia to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. GE Renewable Energy has announced that it has signed a multi-year agreement with Veolia North America (VNA) to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
Urgent Action Needed for the Energy Transition in Heating and Cooling Updated On Wed, Dec 2nd, 2020 by Saurenergy Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies. The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of […] Read more
ADM Capital Launches Emerging Asia Renewable Energy Debt Fund Updated On Wed, Dec 2nd, 2020 by Saurenergy ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […] Read more
Deadline Extended for EOI Submission for RE Solutions in Himalayas Updated On Wed, Dec 2nd, 2020 by Saurenergy SECI has extended the deadline for submission of EOI for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy (RE) […] Read more
Vestas Launches Venture Investment Programme to Accelerate Innovation Within Sustainable Energy Solutions Updated On Thu, Nov 26th, 2020 by Saurenergy Driving on from its success in the wind energy segment, global wind energy major Vestas has announced that to accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, it is now launching a new venture investment programme entitled Vestas Ventures. “We want to combine Vestas’ 40 years of experience in pioneering […] Read more