Wind Project Installations in India Deflating: GWEC Report Updated On Fri, Mar 27th, 2020 by Saurenergy Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
Lithuania Gets its Unique Remote Solar Consumer Model Updated On Tue, Mar 24th, 2020 by Saurenergy In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […] Read more
Solar Rooftop: Over to the States Updated On Mon, Mar 23rd, 2020 by Saurenergy The Missing Player Rooftop Solar. Right up till 2014, when India shifted gears in solar with an ambitious new target and a new focus on utility scale solar, solar usually meant rooftop solar, or even solar water heaters and other distributed solar products. And this was not because we had a lot of rooftop solar […] Read more
India 3rd Largest Power Producer Globally Updated On Mon, Mar 23rd, 2020 by Saurenergy India is the third-largest electricity producer across the globe, as stated by the Power Minister RK Singh in the Lok Sabha. Also, India secured the 106th position in terms of per capita consumption in 2017, according to the latest key world energy statistics published by the IEA in 2019. The reforms in the power sector are […] Read more
REC Sales up 64 Percent to 21.42 Lakh Units in February Updated On Mon, Mar 23rd, 2020 by Saurenergy Sales of REC rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago owing to high demand Sales of renewable energy certificates (REC) rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago […] Read more
J&K: 4 Policies Approved including RE to Ramp Up Industrial Growth Updated On Sat, Mar 21st, 2020 by Saurenergy In a bid to boost industrial growth, the Jammu and Kashmir (J&K) Administrative Council, headed by Lt Governor G C Murmu, has approved the four policies for tourism, captive power, hydropower & renewable energy, and AYUSH care. The Administrative Council’s decision comes in the backdrop of Global Investors Summit scheduled to be held later in the year […] Read more
