Amazon Announces its Largest Single Renewable Energy Project Updated On Tue, Feb 9th, 2021 by Saurenergy Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […] Read more
RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report Updated On Thu, Jan 28th, 2021 by Saurenergy A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million Updated On Thu, Jan 14th, 2021 by Saurenergy Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November Updated On Mon, Jan 4th, 2021 by Saurenergy Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […] Read more
GE Renewable Energy scores another win in Vietnam Updated On Wed, Dec 30th, 2020 by Saurenergy GE Renewable Energy announced that it has secured a 27.2 MW contract to supply 8 units of GE’s 3 MW-137 wind turbines to support construction of the Phuoc Minh Wind Farm, located in Ninh Thuan, in the South Central Region of Vietnam. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering and IPC Group will […] Read more
PLN has ‘Green Ambition’ but is Short on Renewable Energy Credibility: IEEFA Updated On Thu, Dec 24th, 2020 by Saurenergy IEEFA finds that PLN must be prepared for a much higher level of scrutiny when the company launches its debut green and/or sustainable bonds. Indonesian state-owned electricity company PT Perusahaan Listrik Negara (PLN) is preparing to issue a “green and/or sustainable financing” instrument as early as January 2021 following the publication of its Statement of Intent […] Read more
Making Green Hydrogen a Cost-Competitive Climate Solution Updated On Fri, Dec 18th, 2020 by Saurenergy As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […] Read more
