Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
Three Wind Energy Projects in Bolivia Begin Construction Updated On Fri, Feb 22nd, 2019 by Saurenergy The preliminary work on the wind farm project and the design of the wind turbines are expected to begin in the next 90 days. Bolivian President Evo Morales announced the construction of three wind power plants this year, following the signing of a Supreme Decree that authorizes the credit agreement with the Danish Agency for […] Read more
SECI Designated as RE Implementing Agency Updated On Fri, Feb 22nd, 2019 by Saurenergy SECI has been designated as the renewable energy implementing agency so as to facilitate the application of connectivity and LTA in ISTS network. The Solar Energy Corporation of India with the approval of the Minister for Power and New and Renewable Energy, R K Singh, has been designated as the Renewable Energy Implementing Agency of […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt Updated On Wed, Feb 20th, 2019 by Saurenergy The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […] Read more
Viz-A-Viz with Ashish Khanna, President, Tata Power (Renewables) Updated On Tue, Feb 19th, 2019 by Saurenergy Our policymakers will have to create an effective regulatory framework for the development and installation of a widespread solar water pump network. It will be largely beneficial if our farmers are made aware of the many benefits that come along with the adoption of solar water pumps as well. Policymakers can also incentivize the use […] Read more
Enercon Signs 345 MW Agreement For Canadian Wind Energy Projects Updated On Mon, Feb 18th, 2019 by Saurenergy Under the agreement, the company will supply EP3 turbines for two projects in Canada. Germany-based Enercon GmbH, one of the world’s leading and largest wind turbine manufacturer has taken another step towards its goal of increased focus on international markets after reaching an agreement to supply 345 MW capacity of it’s E-138 EP3 wind turbines […] Read more