IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm Updated On Tue, Aug 18th, 2020 by Saurenergy Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […] Read more
AGL Energy Gets on With 850 MW Multi Site Battery Storage Project Updated On Mon, Aug 17th, 2020 by Saurenergy AGL Energy has lodged the scoping report for a new battery storage systems of up to 500 MW capacity to be built alongside its existing coal plant. Sydney headquartered AGL Energy has formally kicked off on its plans for the transformation of the ageing Liddell coal-fired power station, lodging initial development (scoping report) documents with […] Read more
Continued Scaling up of Wind Energy is Critical to Jobs: WindEurope Updated On Mon, Aug 17th, 2020 by Saurenergy With the right regulatory framework in place, wind energy promises immediate and lasting jobs creation to spur the EU economy. In its Recovery Strategy, the EU Commission encouraged the Member States to invest in green and future-proof technologies such as wind. With the right regulatory framework in place, wind energy promises immediate and lasting jobs […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Electric Bus Garage in London to Feed the Grid in Largest Ever Trial Updated On Fri, Aug 14th, 2020 by Saurenergy A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial to […] Read more
Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business Updated On Thu, Aug 13th, 2020 by Saurenergy Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […] Read more
Wind and Solar Met 9.8% of Global Electricity Production in H1 2020: Report Updated On Thu, Aug 13th, 2020 by Saurenergy In H1 2020, wind and solar generation rose 14 percent compared to H1-2019, generating 9.8 percent or nearly one-tenth of global electricity. A new report has put the spotlight on how fast wind and solar energy have expanded over the last few years to become major sources of electricity generation in most countries around the […] Read more