Fitch Ratings Bumps Up IREDA Credit Ratings Updated On Mon, Dec 14th, 2020 by Saurenergy Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […] Read more
Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary Updated On Fri, Dec 11th, 2020 by Saurenergy Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […] Read more
Roadmap Launched for Future Deployment of Energy Storage Technology Updated On Wed, Dec 9th, 2020 by Saurenergy The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […] Read more
Vestas Wins 534 MW Order in Brazil to Extend Casa dos Ventos’ Wind Park Updated On Mon, Dec 7th, 2020 by Saurenergy With reference to company announcement no. 43/2020 of 1 December 2020, Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 534 MW order for the second stage of the of the Rio do Vento complex, located in the state of Rio Grande do […] Read more
MNRE Shares Concept Note on Plan for one Solar City in Each State/ UT Updated On Mon, Dec 7th, 2020 by Saurenergy MNRE has shared a concept note per which each State should have at least one solar city where all houses have rooftop solar energy plants and all electricity needs of the city are fully met from solar energy or other renewable energy sources. The Ministry of New and Renewable Energy (MNRE) has shared a concept […] Read more
Investment in Green Hydrogen to Exceed USD 1 Billion by 2023: IHS Markit Updated On Mon, Dec 7th, 2020 by Saurenergy According to the Information Handling Service Markit (IHS), London, the Annual global investments in Green Hydrogen (hydrogen production powered by renewable sources) are now expected to exceed USD 1billion by 2023. IHS released news on 3rd December 2020 stating that the increased investment is possibly connected to the falling costs and policy support from governments, […] Read more
Tender Issued for Installation of Solar PV Systems at Households Across Goa Updated On Thu, Dec 3rd, 2020 by Saurenergy GEDA has tendered for the installation of solar PV systems at various households across Goa under the Remote Village Electrification Scheme The Goa Energy Development Agency (GEDA) has issued a tender for the installation of solar PV systems at various households across Goa under the Remote Village Electrification (RVE) Programme. In June, it was reported […] Read more
EU Set To Achieve 2 of its 3 Climate And Energy Targets For 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy A report of the European Environment Agency published on Monday, 30th November 2020, reported an aggregated progress of the EU towards meeting two of its three 2020 climate and energy targets. The 2020 package is a set of laws passed in 2007 and enacted in legislation in 2009 to ensure the EU meets its climate […] 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
