Australia Could Meet Its Paris Agreement Targets 5 Years In Advance : ANU Updated On Fri, Feb 8th, 2019 by Saurenergy Australian National University has found that Australia is installing renewable energy faster than any other country, helping it to meet its entire Paris Agreement emissions reduction targets five years early. According to new research conducted by the Australian National University, the pipeline for new wind and solar photovoltaic (PV) electricity systems in the country is about […] Read more
IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender Updated On Fri, Feb 8th, 2019 by Saurenergy SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by ReNew Power, EDF, and ENEL who bid for 300 MW […] Read more
Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie Updated On Thu, Feb 7th, 2019 by Saurenergy The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Arunachal Pradesh Soon to Be Declared 100% Electrified Updated On Thu, Feb 7th, 2019 by Saurenergy The PM will lay the foundation stone of Sella Tunnel and its approach road in Tawang district besides the declaration of 100 percent household electrification in the state under the Saubhagya Scheme. Prime Minister Narendra Modi on his visit to Arunachal Pradesh on February 9, 2019, is set to declare the state 100 percent electrified. […] Read more
Budget 2019: Govt Hikes Allocation under FAME Scheme by 34.5% to Rs 195 Cr Updated On Wed, Feb 6th, 2019 by Saurenergy The government had allocated Rs 145 crore for the current financial year, as per the Union Budget revised data for the financial year 2018-19. With an aim to provide further boost for the adoption and manufacturing of electric vehicles in India, the Central Government has increased the sum allotted under its ambitious FAME India (Faster […] Read more
VW’S Electrify America Will Use Tesla Battery Packs at 100 Charging Stations Updated On Wed, Feb 6th, 2019 by Saurenergy Electrify America Adds Tesla Battery Storage to More Than 100 New Charging Stations. Volkswagen Groups Electrify America plans to buy and install Tesla Powerpack battery systems at more than 100 of its electric vehicle charging stations in the US over the course of 2019. The battery systems will be deployed to mitigate higher power demand […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
