IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
Amazon Announces 4 new Wind, Solar Projects in Australia, Europe and US Updated On Mon, Mar 16th, 2020 by Saurenergy Amazon has announced four new wind and solar power projects in Australia, Spain, Sweden, and the US, worth a combined 300 MW capacity E-commerce major Amazon has announced four new renewable energy – wind and solar power projects in Australia, Spain, Sweden, and the US that further support its commitment to reach 80 percent renewable […] Read more
MSEDCL 500 MW Solar Tender Receives Only 2 Bids Worth 350 MW Updated On Mon, Mar 16th, 2020 by Saurenergy MSEDCL latest tender for the long-term procurement of power from 500 MW solar projects has received only two bids worth a combined 350 MW. The Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) latest tender for the long-term procurement of solar power from 500 MW of intra-state grid-connected projects (Phase – V) has been undersubscribed by […] Read more
LONGi Signs Association Agreement for 908 MW of Solar Modules in Brazil Updated On Mon, Mar 16th, 2020 by Saurenergy LONGi has signed an agreement with Solatio to supply 908 MW of its Hi-MO4 modules for projects in Latin America and rooftop solar plants in Brazil LONGi, one the world’s leading solar technology companies has announced that it has signed a partnership agreement with Solatio Energia, the leading constructor of solar photovoltaic plants in Brazil, […] Read more
Four Boralex Projects Worth 180 MW Selected Under RfP in New York Updated On Mon, Mar 16th, 2020 by Saurenergy Boralex has announced that four of its solar energy projects were selected by NYSERDA, as part of its 2019 Renewable Energy Standard Solicitation Boralex has announced that four of its solar energy projects – Greens Corners (120 MW), Sandy Creek (19.99 MW), Bald Mountain (19.99 MW), and West River (19.99 MW) – were selected by the New York State Energy Research […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
MNRE Launches new Website to Maintain Pace With Time Updated On Mon, Mar 16th, 2020 by Saurenergy RK Singh has recently launched the new website of the Ministry of New and Renewable Energy (MNRE) in an attempt to maintain pace with time. The Minister of State (I/C) for Power and New and Renewable Energy and Minister of State for Skill Development and Entrepreneurship Shri RK Singh has recently launched the new website […] Read more
India has Offshore Wind Potential of 67 GW off the Coast of Tamil Nadu, Gujarat Updated On Fri, Mar 13th, 2020 by Saurenergy Approximately 36 GW offshore wind power potential exists off the coast of Gujarat and 31 GW off the coast of Tamil Nadu, MNRE Minister RK Singh has said Based on the preliminary studies carried out by the National Institute of Wind Energy (NIWE) in collaboration with various multilateral agencies, the Government has identified eight zones […] Read more
