Too Early to Assess Impact of COVID-19 on European Wind Sector – WindEurope Updated On Mon, Mar 23rd, 2020 by Saurenergy WindEurope believes the outbreak of COVID-19 still at a relatively early stage in Europe, and it is too soon to judge its impact on the wind energy sector WindEurope, formerly the European Wind Energy Association, an association based in Brussels for promoting the use of wind power in Europe, has stated that with the outbreak […] Read more
Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI Updated On Fri, Mar 20th, 2020 by Saurenergy FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more
Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan Updated On Thu, Mar 19th, 2020 by Saurenergy TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […] Read more
Brookfield Renewable and TerraForm Power Enter Definitive Merger Agreement Updated On Wed, Mar 18th, 2020 by Saurenergy Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the […] Read more
Uzbekistan Sees High Foreign Interest in its Renewable Energy Push Updated On Wed, Mar 18th, 2020 by Saurenergy The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the country’s ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. “This […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
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
‘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
