Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019 Updated On Fri, May 1st, 2020 by Saurenergy AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […] Read more
Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
Duke Energy Sets Sights for 16 GW Renewable Capacity by 2025 Updated On Wed, Apr 29th, 2020 by Saurenergy Duke Energy has announced that it has updated its efforts to address climate change with a new goal of 16 GW renewable energy capacity by the end of 2025. In two reports released recently, Duke Energy has announced that it has updated its efforts to address climate change. The firm intends to cut carbon emissions to […] Read more
MoP Extends Deadline for Comments on Draft Electricity Bill 2020 Updated On Tue, Apr 28th, 2020 by Saurenergy MoP has extended the deadline for submission of comments/ suggestions by the industry stakeholders on the draft Electricity (Amendment) Bill 2020. The Ministry of Power (MoP) has written to all interested stakeholders i.e. CEA, CERC, state governments, Discoms, etc. informing them of the extension in the deadline for submission of comments/ suggestions on the draft […] Read more
Vattenfall Sells Rights to 240 MW Wind Farm in Scotland Updated On Tue, Apr 28th, 2020 by Saurenergy Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […] Read more
Delhi’ Peak Power Demand Down 49% During Lockdown Updated On Mon, Apr 27th, 2020 by Saurenergy The peak power demand in Delhi has reduced by up to 49 percent with commercial and industrial activities virtually at a standstill due to the lockdown The peak power demand in Delhi has reduced by up to 49 percent with commercial and industrial activities virtually at a standstill due to the lockdown imposed to contain the spread […] Read more
