Odisha is now Power Surplus Thanks to Increase in Renewable Generation Updated On Wed, Nov 11th, 2020 by Saurenergy The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […] Read more
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
Interest to Invest in the Indian Renewable Energy Sector Remains Strong: CEEW-CEF and IEA Updated On Mon, Nov 9th, 2020 by Saurenergy Interest to invest in the Indian renewable energy sector remains strong, according to a new report by CEEW-CEF and IEA Interest to invest in the Indian renewable energy sector remains strong, according to a new report on India’s Clean Energy Investment Trends by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy Agency […] Read more
NTPC Plans to Have a 1/4th Renewable Portfolio by the Next Decade Updated On Mon, Nov 9th, 2020 by Saurenergy NTPC plans to achieve 32,000 MW of capacity through renewable energy or 25 percent of its overall power portfolio at the beginning of the next decade. NTPC Ltd, the PSU under the Ministry of Power, recently celebrated its 46th Raising Day completing 45 years of operation and commitment to serve as India’s largest power producer. […] Read more
Wisconsin’s First Large-Scale Solar Facility Producing Clean Energy Updated On Sat, Nov 7th, 2020 by Saurenergy Wisconsin’s first large-scale solar project is complete and powering Madison-area households and businesses. Madison Gas and Electric (MGE) is a co-owner of the 150-megawatt (MW) Two Creeks Solar facility with Wisconsin Public Service (WPS). MGE owns 50 MW; WPS owns 100 MW. “We are excited that Two Creeks Solar is now generating cost-effective, carbon-free energy […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more
Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
Renewables can Help Kosovo Break From Coal-Powered Past: IEEFA Updated On Thu, Nov 5th, 2020 by Saurenergy Strong performance by its first large-scale wind and solar farms shows that Kosovo can exploit falling renewables costs to move away from fossil fuel. Strong performance by the first large-scale wind and solar farms in Kosovo shows the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with […] Read more