Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland Updated On Thu, Jan 2nd, 2020 by Saurenergy Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […] Read more
CERC Extends Validity of Expiring RECs Until March 31 Updated On Thu, Jan 2nd, 2020 by Saurenergy CERC has in its latest order extended the validity of RECs that were set to expire on December 31, 2019, until March 31, 2020. The Central Electricity Regulatory Commission (CERC) has in its latest order extended the validity of Renewable Energy Certificates (RECs) that were set to expire on December 31, 2019, until March 31, […] Read more
Can Surplus Renewables Production in West Rajasthan Build A Big Battery? Updated On Thu, Jan 2nd, 2020 by Saurenergy Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […] Read more
Volkswagen Targeting 1.5 mn Electric Vehicle Sales by 2025 Updated On Thu, Jan 2nd, 2020 by Saurenergy Volkswagen will reach 1 million electric vehicle sales by end of 2023, two years earlier than previously predicted, and 1.5 million to be produced in 2025 Volkswagen has announced that over the next few years it intends to become the world market leader in e-mobility and is investing EUR 33 billion in these efforts throughout […] Read more
MNRE Clarifies on Implementation of PM-KUSUM Scheme Updated On Wed, Jan 1st, 2020 by Saurenergy After clarification sought by the implementing agencies on certain issues, the Ministry of New and Renewable Energy (MNRE) has issued a clarification on the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. As per the MNRE notification, the distribution companies (Discoms) can, if they desire so, pass on the Procurement Based […] Read more
Acciona Puts in Services its 145 MW Wind Farm in Texas Updated On Wed, Jan 1st, 2020 by Saurenergy Acciona has put into service the 145 MW Palmas Altas Wind Farm, its ninth in the US, with a total investment of some USD200 million. Acciona has put into service the Palmas Altas Wind Farm, its second one installed in Texas and its ninth in the US, with a total investment of some USD200 million […] Read more
Azelio’s Verification Project in Morocco Delivers First Electricity Updated On Tue, Dec 31st, 2019 by Saurenergy Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan. Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year. The verification of Azelio’s solution for the storage and production of […] Read more
Dadra and Nagar Haveli Tenders for EV Charging Stations Updated On Tue, Dec 31st, 2019 by Saurenergy The UT of Dadra and Nagar Haveli has issued a tender, inviting bids from eligible bidders for the commissioning of EV charging stations in the UT. The Union Territory (U.T.) of Dadra and Nagar Haveli (DNH) has issued a tender, inviting bids from eligible bidders for the commissioning of electric vehicle (EV) charging stations in […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
