Renewables to Surpass Coal in US by 2021, Says IEEFA Updated On Mon, Nov 25th, 2019 by Saurenergy In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […] Read more
IEA Secures $50 mn Wind Construction Order From RWE Renewables Updated On Thu, Nov 21st, 2019 by Saurenergy IEA has announced that it has secured an approximately USD 50 million wind energy project award in Oklahoma from RWE Renewables. Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced an approximately USD 50 million wind energy project award in Oklahoma from RWE Renewables. The award is […] Read more
€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
AIIB Sets Aside $75 mn Loan for Renewables Financing in India Updated On Mon, Nov 18th, 2019 by Saurenergy AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […] Read more
Renewables to Deliver Europe’s 2030 Climate Energy Goals Updated On Fri, Nov 8th, 2019 by Saurenergy If member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030 If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030, and the continent is on track […] Read more
Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat Updated On Thu, Oct 31st, 2019 by Saurenergy Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […] Read more
EDF Renewables Inks 3 PPAs with Tesco to Provide Electricity from Solar, Wind Updated On Tue, Oct 29th, 2019 by Saurenergy As per the deal, EDF Group arm will provide an aggregate 60 MW of renewable energy to Tesco, comprising from seventeen roof-mounted solar installations along with two Scottish onshore wind farms. With an aim to provide renewable energy through solar and wind energy sources in the UK, EDF Renewables has entered into three corporate Power […] Read more
EDP Renewables Gets PPA for 490 MW in Colombia Auctions Updated On Fri, Oct 25th, 2019 by Saurenergy EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […] Read more
