Growth in Renewable Energy Investment Slowing Due to Grid Limitations: IEEFA Updated On Fri, Jan 25th, 2019 by Saurenergy An investment of US$ 60-80 billion will be needed in the next five years to keep pace with growing generation capacity. A brief report by the Institute for Energy Economics and Financial Analysis, authored by Tim Buckley and Kashish Shah has revealed that India’s grid transmission infrastructure needs urgent modernisation to not limit the growth […] Read more
Leap Green Inks Rs 1700 Cr MoU with Tamil Nadu Govt for 250 MW Wind Project Updated On Thu, Jan 24th, 2019 by Saurenergy The MoU was signed between the Government of Tamil Nadu and Rajeev Karthikeyan, Founder and MD of Leap Green Energy during the 2nd Global Investors Summit. Tamil Nadu-based renewable energy company Leap Green Energy has signed an agreement with the state government for generating 250 MW from a wind power plant project. The Memorandum of […] Read more
HERC Approves PPA for 23 MW of Solar Projects in Haryana Updated On Thu, Jan 24th, 2019 by Saurenergy The commission has approved the PPA of solar projects totaling 23 MW, which the HPPC had signed with four solar project developers. The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the power purchase agreements (PPAs) of solar projects after a common petition was filed by Haryana Power Purchase Centre (HPPC) and the […] Read more
Sembcorp and Singapore Polytechnic to Collaborate on Solar Panel Recycling Updated On Thu, Jan 24th, 2019 by Saurenergy Working together to address the global challenge of photovoltaic waste and commercialise Singapore’s first-ever technology for the recycling of used solar panels. Around the world, solar energy is growing as a source of clean, renewable energy. However, this presents a pressing challenge to the industry: What will become of used solar panels at the end […] Read more
Inox Wind Receives LOI from Adani to Develop its 501.6 MW Wind Project Updated On Thu, Jan 24th, 2019 by Saurenergy The project is scheduled to be executed over the next 15 months at Kutch District in the state of Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has received a Letter of Intent (LOI) from Adani Green Energy, a part of the Adani group and a leading Independent Power Producer (IPP) […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Google Signs First Solar Purchase Deal in Asia Updated On Wed, Jan 23rd, 2019 by Saurenergy The world’s largest corporate purchaser of renewable energy has signed a long-term agreement to purchase the output of a 10 MW solar array (part of a larger solar farm) in Tainan City, Taiwan. Google has announced that after signing on to more than 30 solar and wind projects across the Americas and Europe, it has […] Read more
Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year Updated On Wed, Jan 23rd, 2019 by Saurenergy There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […] Read more
Adani Issues RfS for Purchase of 700 MW of Solar Power Updated On Wed, Jan 23rd, 2019 by Saurenergy The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […] Read more