Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Industrial and Commercial Photovoltaic Power Stations Enter the Grid-Parity Era Updated On Thu, Oct 10th, 2019 by Saurenergy According to the BNEF analysis report, the current installed capacity of China’s industrial and commercial rooftop PV market has exceeded 200 GW. As urbanization continues to advance, this number is likely to reach 300 GW by 2040. ‘IV scan + high-end configuration’ helps Industrial and Commercial Photovoltaic power stations enter the grid-parity era: With the […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Final Turbine Installed at Ørsted’s Largest Offshore Wind Farm Updated On Fri, Oct 4th, 2019 by Saurenergy Ørsted has announced that the final wind turbine of 174 has been installed at the world’s largest offshore wind farm Hornsea 1. Ørsted has announced that the final of 174 wind turbines has been installed at the world’s largest offshore wind farm Hornsea 1. The component load-out took place at Siemens Gamesa Renewable Energy’s factory […] Read more
Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region Updated On Fri, Oct 4th, 2019 by Saurenergy India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […] Read more
Vestas Unveils Wind Turbine Contracts Worth 1316 MW in the US Updated On Thu, Oct 3rd, 2019 by Saurenergy Vestas has announced the signing of 5 new wind turbine delivery agreements in the US worth a combined capacity of 1316 MW Vestas has announced the signing of multiple new wind turbine agreements for projects due to be developed in the United States (US). In total, the company has announced 5 deals worth a combined […] Read more
India Could Become the Largest EV Market in the World: Report Updated On Thu, Oct 3rd, 2019 by Saurenergy A new report has revealed that India has the potential to become one of the largest EV markets in the world A new report has revealed that, India has the potential to become one of the largest electric vehicles (EV) markets in the world, with the government pushing for the segment in order to curb […] Read more
Carnegie Mellon University Signs Multiyear RE Agreements With Engie Updated On Tue, Oct 1st, 2019 by Saurenergy Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […] Read more