Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal Updated On Thu, Jan 16th, 2020 by Saurenergy Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […] Read more
Volkswagen to Become World’s Largest EV Manufacturer by 2028 Updated On Thu, Jan 16th, 2020 by Saurenergy Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […] Read more
Waaree Breathes Easy As Bid for 184 MW Project Gets MERC Approval Updated On Wed, Jan 15th, 2020 by Saurenergy Waaree Energies Limited (WEL), which had emerged as the sole bidder in the much postponed tender for 184 mw of solar power in Maharashtra can finally get started on the project. This follows the approval of its bid of Rs 3.05 per unit under the tender by the Maharashtra Electricity Regulatory Commission (MERC). The tender […] Read more
Electricity Procurement Contracts Down 11% in December 2019: Report Updated On Wed, Jan 15th, 2020 by Saurenergy Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […] Read more
Ørsted Begins Work on its 752 MW Offshore Wind Complex in Netherlands Updated On Tue, Jan 14th, 2020 by Saurenergy Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the 1st foundations at the 752 MW Borssele 1 & 2 offshore farm Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752 MW Borssele 1 & 2 offshore wind farm, […] Read more
IRENA and EBRD Sign Agreement to Strengthen Cooperation Updated On Tue, Jan 14th, 2020 by Saurenergy IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […] Read more
GERC Approves Rs 2.80/Unit Tariff for 202.6 MW of Wind Projects Updated On Tue, Jan 14th, 2020 by Saurenergy GERC has approved the tariff of Rs 2.80 per unit obtained by GUVNL for the procurement of power from 202.6 MW grid-connected wind power projects in Gujarat. The Gujarat Electricity Regulatory Commission (GERC), in its latest order, has approved the tariff of Rs 2.80 per unit obtained by the Gujarat Urja Vikas Nigam (GUVNL) via […] Read more
Green Tech Revolutions And India’s Chance to Shine: Study Updated On Tue, Jan 14th, 2020 by Saurenergy Green technology comes at a price and India can help break the “green curse” by persuading South Asian countries to adopt sustainable practices Green technology comes at a price and India can play a pivotal role in breaking the “green curse” by persuading South Asian countries to adopt sustainable practices in mining critical minerals needed […] Read more
India’s Indifference to Mini-Grids Throttling A big Job opportunity Updated On Mon, Jan 13th, 2020 by Saurenergy Behind the government’s ‘power for all’ push has been an unstated desire to ensure that the central grid is the main conduit of power for all Indian households. This has pushed mini-grids to the backburner many feel, with many consequences for all stakeholders Last year, India celebrated power connectivity to every household in the country, […] Read more