8 Governments Pledge to Kickstart Offshore Wind in Baltic Sea Updated On Thu, Oct 1st, 2020 by Saurenergy 8 Baltic Sea countries and the European Commission have signed a joint declaration to accelerate the build-out of new offshore wind capacities in the Baltic Sea At an Offshore Wind Conference, hosted by the Polish Wind Energy Association (PSEW), high-level representatives of eight Baltic Sea countries and the European Commission signed a joint declaration to […] Read more
Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai Updated On Wed, Sep 30th, 2020 by Saurenergy Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […] Read more
Renewable Jobs Grew to 11.5 Mn in 2019, now Need Policy Support: IRENA Updated On Wed, Sep 30th, 2020 by Saurenergy The latest IRENA report shows that jobs in the renewable energy sector reached 11.5 million globally in 2019, led by solar PV with some 3.8 million jobs. Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA). The seventh edition […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
India and Denmark Hold Virtual Summit for Green Partnership Updated On Tue, Sep 29th, 2020 by Saurenergy PM Narendra Modi and Mette Frederiksen, PM of Denmark co-chaired a Virtual Summit between India and Denmark for the signing of a Green Partnership. Narendra Modi, Prime Minister of the Republic of India, and Mette Frederiksen, Prime Minister of the Kingdom of Denmark co-chaired a Virtual Summit between India and Denmark on September 28, 2020, […] Read more
RWE Renewables to Extend Four Offshore Wind Farms in the UK Updated On Tue, Sep 29th, 2020 by Saurenergy RWE Renewables and its project partners have signed agreements for lease for developing four projects in the UK to extend the existing four offshore wind farms RWE Renewables and its project partners have signed with The Crown Estate Agreements for Lease for developing four projects in the United Kingdom (UK) to extend the existing four […] Read more
NTPC Gets Shareholders’ Nod to Raise Rs 15000 Cr via Bonds Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. The funds are proposed to be raised on a […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more