Solar Technology Versus Fossil Fuels. Is Endgame here? Updated On Sat, Mar 28th, 2020 by Saurenergy Over last few decades, scientists are trying to come up with innovative and efficient ways to utilize energy from the sun. From times immemorial, humans across different civilisations have worshipped the sun as a God due to its various life-giving properties, and rightfully so. We have been using sun for its heating and lighting properties […] Read more
Wind Project Installations in India Deflating: GWEC Report Updated On Fri, Mar 27th, 2020 by Saurenergy Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […] Read more
Acciona to Build 1026 MW Wind Farm in Queensland Worth EUR 1 Bn Updated On Fri, Mar 27th, 2020 by Saurenergy Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. The project will boost the […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh Updated On Fri, Mar 27th, 2020 by Saurenergy One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Vestas Secures Orders Worth 97 MW in China and Northern Ireland Updated On Thu, Mar 26th, 2020 by Saurenergy Vestas has announced that it has secured two orders for the delivery of 97 MW of wind turbines for two projects in China and Northern Ireland. Vestas has announced that it has secured two orders for the delivery of 97 MW of wind turbines for two projects in China and Northern Ireland. The first order […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p Updated On Thu, Mar 26th, 2020 by Saurenergy The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […] Read more
