Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
Four Boralex Projects Worth 180 MW Selected Under RfP in New York Updated On Mon, Mar 16th, 2020 by Saurenergy Boralex has announced that four of its solar energy projects were selected by NYSERDA, as part of its 2019 Renewable Energy Standard Solicitation Boralex has announced that four of its solar energy projects – Greens Corners (120 MW), Sandy Creek (19.99 MW), Bald Mountain (19.99 MW), and West River (19.99 MW) – were selected by the New York State Energy Research […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica Updated On Fri, Mar 13th, 2020 by Saurenergy Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […] Read more
Total to Develop 25 MWh Battery Energy Storage Project in France Updated On Fri, Mar 13th, 2020 by Saurenergy Total has announced that it has launched a battery energy storage project with a storage capacity of 25 MWh, which will be the largest in France. Total has announced that it has launched a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25-megawatt hours (MWh) […] Read more
Railway’s Petition Regarding 14 MW Rooftop PV Projects Dismissed Updated On Thu, Mar 12th, 2020 by Saurenergy GERC has dismissed the petition filed by the Western Railway requesting relaxation in Gujarat’s net metering regulations. The Gujarat Electricity Regulatory Commission (GERC) has in its latest order has dismissed the petition filed by the Western Railway requesting the commissions’ involvement in granting relaxation in the state’s net metering regulations. The petition was filed against […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link Updated On Thu, Mar 12th, 2020 by Saurenergy TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […] Read more
Iberdrola Accelerates EV Plans, to Install 150,000 Charging Points by 2025 Updated On Wed, Mar 11th, 2020 by Saurenergy Iberdrola has decided to ramp up its sustainable mobility plan, and it plans to install 150,000 EV charging points within the next five years. Iberdrola has decided to ramp up its sustainable mobility plan, with more investment – a total of 150 million euros – to provide an even larger number of electric vehicle (EV) […] Read more
