NY Green Bank Records $117.5 Mn in Clean Energy Investments in Q4 Updated On Mon, Feb 17th, 2020 by Saurenergy The NY Green Bank has announced that its Q4 of 2019 was the strongest to date, adding USD 117.5 million to its current portfolio. The NY Green Bank has announced that its fourth-quarter of 2019 was the strongest to date with more capital committed than any prior quarter, adding USD 117.5 million to its current […] Read more
EDF JV Acquires British Electric Vehicle Charging Firm Pod Point Updated On Mon, Feb 17th, 2020 by Saurenergy EDF has indirectly taken the control of Pod Point, one of the largest EV charging companies in Great-Britain, through a JV with Legal & General Capital EDF in the UK has indirectly taken the control of Pod Point, one of the largest electric vehicle (EV) charging companies in Great-Britain. This acquisition is performed through a […] Read more
IEEFA Report on India’s Renewable Energy Policy Headwinds Updated On Fri, Feb 14th, 2020 by Saurenergy After the addition of on average 13GW of renewable energy capacity in FY2016/17 and FY2017/18, India’s renewable capacity additions were expected to grow on average at 20-25GW in line with the target of 175GW by December 2022. However, less than 10GW of on-grid renewable capacity and installs were added in FY2018/19. This is expected to […] Read more
SECI Reissues NIT for 1200 MW Wind Power Projects (Tranche-IX) Updated On Fri, Feb 14th, 2020 by Saurenergy SECI has issued a new NIT for procurement of wind power through an RfS for setting up of 1200 MW Wind Power Projects in India The Solar Energy Corporation of India (SECI) has issued a new notice inviting tender (NIT) for procurement of wind power through a Request for Selection (RfS) document for setting up […] Read more
South Africa to Turn to Renewable Energy Amid Power Cuts Updated On Fri, Feb 14th, 2020 by Saurenergy South African president Cyril Ramaphosa has said that the coal-dependent country will soon turn to renewable energy as one way to help ease power cuts South African president Cyril Ramaphosa has said that the coal-dependent country will soon turn to renewable energy as one way to help ease power cuts that have “severely set back” efforts to rebuild the […] Read more
Policy Certainty Will Increase Renewable Investment in India: IEEFA Updated On Fri, Feb 14th, 2020 by Saurenergy Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […] Read more
EDF Acquires 50% Stake in 1 GW Codling Offshore Wind Project in Ireland Updated On Thu, Feb 13th, 2020 by Saurenergy The EDF Group has acquired a 50 percent interest in the 1 GW Codling offshore wind farm project in Ireland from Hazel Shore. The EDF Group has acquired a 50 percent interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across […] Read more
Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
Avangrid to Develop Oregon’s Largest Solar Farm; Inks 15 Yr PPA with PGE Updated On Wed, Feb 12th, 2020 by Saurenergy Oregon-based fortune 1,000 public utility Portland General Electric (PGE) has entered into a power purchase agreement (PPA) with Avangrid Renewables, an arm of Avangrid Inc., to buy electricity generated through solar power. As per the 15 year deal, the company will purchase power generated from a new 162 MW solar facility. Avangrid Renewables will develop […] Read more