Significant Investment Needed to Transform Africa’s Energy System Updated On Fri, Apr 3rd, 2020 by Saurenergy IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
As Power Demand Slumps, RE Generators Brace For Impact Updated On Thu, Apr 2nd, 2020 by Saurenergy The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […] Read more
Siemens Gamesa Secures 312 MW Turbine Order in Brazil Updated On Thu, Apr 2nd, 2020 by Saurenergy Siemens Gamesa has secured its first order in Brazil for its next-generation 5.X platform, to supply 52 of its new turbines for the 312 MW Tucano wind farm. Siemens Gamesa Renewable Energy has announced that it has secured its first order in Brazil for its next-generation platform, the Siemens Gamesa 5.X. Following recent deals to […] Read more
BayWa Secures Tax Equity Commitment for its 250 MW Wind Project Updated On Thu, Apr 2nd, 2020 by Saurenergy BayWa r.e. Wind has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 MW Amadeus Wind project in Texas. BayWa r.e. Wind, part of the BayWa Group, has announced that it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 […] Read more
Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well Updated On Tue, Mar 31st, 2020 by Saurenergy In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […] Read more
Fresh CERC Order On Adani Green Energy Plea Establishes Ground Rules Updated On Tue, Mar 31st, 2020 by Saurenergy In a judgement uploaded on March 27, the Central Electricity Regulatory Commission has iterated the by now established view on GST change, where it has regularly been accepting it as a change in law. It has also allowed restitution to developers accordingly, payable by implementing agencies SECI and NTPC respectively, subject to the providing of […] Read more
Backed by RE, Ministry Confident of Meeting Peak Demand by 2026-27 Updated On Tue, Mar 31st, 2020 by Saurenergy The Standing Committee on Energy recently presented its 4th report in the Parliament, one key area of focus was peak power demand and the demand met The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […] Read more
PSU’s of MoP, MNRE Contribute Rs 925 Cr to Combat COVID-19 Updated On Tue, Mar 31st, 2020 by Saurenergy PSU’s of MoP and MNRE have pledged to contribute Rs 925 crore to PM-CARES Fund in support to all on-going relief efforts to combat the COVID-19 Outbreak. The Public Sector Undertakings of the Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have pledged to contribute Rs 925 crore to the […] Read more
