Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
Shell Signs Power Offtake Deal for 100 MW Storage System in England Updated On Tue, Feb 18th, 2020 by Saurenergy Shell Energy Europe has agreed on a multi-year power offtake deal that enables the installation of the 100 MW Minety power storage project in England. Shell Energy Europe Limited (SEEL) has agreed on a multi-year power offtake deal that enables the installation of Europe’s biggest battery, the 100-megawatt (MW) Minety power storage project in south-west […] Read more
Chinese Wind Installations Could be Halved in 2020: Coronavirus Outbreak Updated On Tue, Feb 18th, 2020 by Saurenergy The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to a new report The coronavirus outbreak could lead to production delays in China’s wind turbine installations by up to 50 percent in 2020, according to research firm Wood Mackenzie. “We estimate production delays across […] Read more
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
NA, Western Europe & APAC Accounted for 74% of DESS Industry Updated On Fri, Feb 14th, 2020 by Saurenergy A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global DESS industry A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global distributed energy storage system (DESS) industry, including battery energy storage systems, thermal energy […] Read more
EDF Acquires 50% Stake in 1 GW Codling Offshore Wind Project in Ireland Updated On Thu, Feb 13th, 2020 by Saurenergy The EDF Group has acquired a 50 percent interest in the 1 GW Codling offshore wind farm project in Ireland from Hazel Shore. The EDF Group has acquired a 50 percent interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across […] Read more
Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz Updated On Wed, Feb 12th, 2020 by Saurenergy With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […] Read more
Adani Sells 25.10% Stake in AEML to Qatar Investment Authority Updated On Tue, Feb 11th, 2020 by Saurenergy Adani Transmission has announced that the Qatar Investment Authority has completed the acquisition of a 25.10 percent stake in AEML Adani Transmission Limited (ATL) has announced that Qatar Investment Authority (QIA) has completed the acquisition of a 25.10 percent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholders subordinated […] Read more
