Nextera Energy to Sell its Canadian Renewable Portfolio Updated On Tue, Apr 3rd, 2018 by Saurenergy An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […] Read more
Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF Updated On Thu, Mar 29th, 2018 by Saurenergy The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
Smart Grids Overcome Renewable Energy Variability and Uncertainty Updated On Mon, Feb 26th, 2018 by Saurenergy Smart grids—modernized networks that enable bidirectional flows of energy and use two-way communication and control capabilities, and “distributed generation”— will address the variability and uncertainty of RE without utilities having to add to their conventional Renewable Energy (RE, which includes hydro, biomass, and geothermal as well as the more familiar photovoltaic (PV) and wind) faces […] Read more
Tamil Nadu Among Nine Global Market Leaders in Renewable Energy Updated On Fri, Feb 16th, 2018 by Saurenergy Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17. The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity. Tamil Nadu figures in the list of nine major global power markets in renewable energy, according to a new research by […] Read more
Nextera Energy Resources Advances Community Solar in Minnesota Updated On Fri, Feb 16th, 2018 by Saurenergy For NextEra Energy Resources, these projects represent an initial portion of the solar gardens that they plan to bring online this year. NextEra Energy Resources has announced that during the previous four months, five new community solar gardens have been brought online in southeastern Minnesota. The solar-gardens are located as far north as Benton County […] Read more
Piyush Goyal: India Should Aim for 50 percent Renewable Energy by 2030 Updated On Sat, Feb 3rd, 2018 by Saurenergy The open doors and difficulties emerging from Energy 4.0 and energy progress rise above since quite a while ago settled segment limits characterized by coal, oil and gas parts. Coal Minister Piyush Goyal today said India ought to make progress toward 50 percent of its energy age limit from sustainable sources by 2030 on the […] Read more
Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’ Updated On Fri, Feb 2nd, 2018 by Saurenergy Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […] Read more
Renewable Generation Costs Keep Plunging : IRENA Updated On Mon, Jan 15th, 2018 by Saurenergy IRENA extends that all sustainable power source advances will contend with fossils on cost by 2020. For new undertakings appointed in 2017, power costs from inexhaustible power age have kept on falling fundamentally contrasted with the petroleum derivatives, as indicated by another report from the International Renewable Energy Agency (IRENA). It gauges inland breeze is […] Read more