Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
Top Weekly Stories on Renewable Energy From 06 to 12 April 2022 Updated On Wed, Apr 13th, 2022 by Saurenergy Read more
Taiwan Based Taiya Renewable Energy Announces 4GW Offshore Wind Pipeline Updated On Wed, Apr 13th, 2022 by Saurenergy Taiwan based renewable energy developer Taiya Renewable Energy has said that it has increased its portfolio of offshore wind projects to 4GW. The Island state has natural advantages when it comes to offshore wind and wind energy. The company has said that it has identified potential wind resource sites off Taiwan coasts that could add […] Read more
As Central Asia’s Fossil Fuels Near Expiry, Time To Look At Renewable Energy Updated On Tue, Apr 12th, 2022 by Saurenergy Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan and Kyrgyzstan constitute Central Asia. Out of these, the former three are graced with petroleum resources, while the latter two are endowed with water resources. Electricity generation in these countries has, naturally, long relied on their richness in one or the other of the two resources. The downstream countries tend to […] Read more
EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief Updated On Tue, Apr 12th, 2022 by Saurenergy Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […] Read more
SJVN, BHEL, REMC sign MoU to Develop Renewable Energy for the Railways Updated On Tue, Apr 12th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has announced that it has signed a Memorandum of Understanding with other two state owned companies – engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited for the development of renewable energy projects. In an official statement SJVN Chairman and Managing Director (CMD), Nand Lal Sharma […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
Grid Solutions (GE) to Help ReNew Power to Develop Renewable Energy Zones in India Updated On Thu, Apr 7th, 2022 by Saurenergy Grid Solutions business of the US-based General Electric (GE) has said that the company has entered into a multi-million dollar contract with Renew Power Pvt Ltd – one of the leading renewable energy players in India – to build two 400 kV substations in Karnataka. The work will be a part of the plan to […] Read more
PGCIL to Build Renewable Energy Management Centre in Hyderabad Updated On Wed, Apr 6th, 2022 by Saurenergy The Power Grid Corporation of India Limited (PGCIL) Chairman Managing Director K Sreekant has said that PGCIL will establish a Renewable Energy Management Centre (REMC) with 100 per cent grant of Rs 17.6 crore at Vidyut Soudha, Hyderabad. The CMD said that artificial intelligence-based forecasting and scheduling tools will be employed at the Renewable Energy […] Read more