EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
India Set to Join China as Global Leaders in Renewables, says Report Updated On Tue, May 22nd, 2018 by Saurenergy According to US based research institute, India’s “scheme for development of solar parks is becoming a successful model to attract foreign capital.” Furthermore, the report added the “Solar is Driving a Global Shift in Electricity Markets.” Much like China, India is poised to become global giant in renewable energy technology-led transformation thus making them two […] Read more
Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study Updated On Tue, May 1st, 2018 by Saurenergy Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […] Read more
Nuclear Power and Renewables Propelling Clean Power Generation Updated On Thu, Apr 5th, 2018 by Saurenergy The highlight of the ‘Paris Agreement’ at the United Nation’s COP21 global climate conference held in late-2015 was its ‘binding’ aspects for the signatory countries. Although partial in their scope, these constitute a more decisive step compared to the earlier global climate summits. To make the emission reduction commitments made by nations, called ‘Intended Nationally […] 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
Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj Updated On Sat, Mar 17th, 2018 by Saurenergy This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
India Can Save Up to Rs 54,000 Crore by Replacing Coal Plants with Renewables: Green Peace India Updated On Fri, Dec 22nd, 2017 by Saurenergy Solar power has reached a new record low of Rs 2.44 and the wind at 2.64 dropped below the 3/kWh as per the new tariff bids, said the analysis. Green Peace India has analyzed that the country can reduce air pollution upon the replacement of exorbitant coal plants by renewable and can even save up […] Read more
