Vattenfall Takes FID, Begins Construction on 1.5 GW Offshore Wind Farm Updated On Fri, Jun 5th, 2020 by Saurenergy Vattenfall has taken the FID for the Hollandse Kust Zuid 1-4 offshore wind farm and is proceeding with the construction at the 1.5 GW wind farm. Swedish state-owned multinational power company, Vattenfall has announced that it has taken the Final Investment Decision (FID) for the Hollandse Kust Zuid 1-4 offshore wind farm and that it […] Read more
Electric Two-Wheeler Market to Cross 2 Mn Units in India by 2025: CXO Survey Updated On Fri, Jun 5th, 2020 by Saurenergy The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research. The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research & Analytics. As […] Read more
India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI Updated On Fri, Jun 5th, 2020 by Saurenergy India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […] Read more
ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect Updated On Thu, Jun 4th, 2020 by Saurenergy With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […] Read more
Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
MNRE Warns Against Fraudulent Websites for PM-KUSUM Scheme Updated On Thu, Jun 4th, 2020 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued a precautionary warning for people against fraudulent websites claiming to be registration portals for Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Scheme. The Ministry said that “it has recently noticed that few new websites have cropped up as registration portal for Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan […] Read more
BCD Status. Only Quantum The Issue Updated On Thu, Jun 4th, 2020 by Saurenergy In what is now becoming the most common way to pick up views of the ministry, yet another Webinar, Amitesh Kumar Sinha, Joint Secretary in the Ministry of New and Renewable Energy has clarified yesterday that a decision will be taken on Basic Customs Duty, and soon. The issue is, in some way, a foregone […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
India Wind Targets are Sensitive to Policy and Regulations: GWEC Updated On Wed, Jun 3rd, 2020 by Saurenergy India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019. The technical potential at 120-meter hub height is a whopping 695 GW, according to the National Institute of Wind Energy, and the government has set a wind capacity target of 60 GW by 2022 and 140 GW […] Read more
