UK Confirmed as 1st Co-Chair in India-Led Climate Change Initiative Updated On Mon, Mar 23rd, 2020 by Saurenergy The UK has been confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The UK on March 23, 2020, was confirmed as the first co-chair of the Governing Council on the India-led global Coalition for Disaster Resilient Infrastructure (CDRI). The coalition was established by Prime Minister Narendra Modi and is a […] Read more
J&K: 4 Policies Approved including RE to Ramp Up Industrial Growth Updated On Sat, Mar 21st, 2020 by Saurenergy In a bid to boost industrial growth, the Jammu and Kashmir (J&K) Administrative Council, headed by Lt Governor G C Murmu, has approved the four policies for tourism, captive power, hydropower & renewable energy, and AYUSH care. The Administrative Council’s decision comes in the backdrop of Global Investors Summit scheduled to be held later in the year […] Read more
Total Enters Floating Offshore Wind With 96 MW Project in UK Updated On Fri, Mar 20th, 2020 by Saurenergy The Total Group has signed an agreement with Simply Blue Energy to acquire 80 percent stake in the 96 MW floating offshore wind project in Wales The Total Group has announced that it has signed an agreement with the developer Simply Blue Energy to acquire an 80 percent stake in the pioneering floating wind project […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more
Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan Updated On Thu, Mar 19th, 2020 by Saurenergy TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
Four Boralex Projects Worth 180 MW Selected Under RfP in New York Updated On Mon, Mar 16th, 2020 by Saurenergy Boralex has announced that four of its solar energy projects were selected by NYSERDA, as part of its 2019 Renewable Energy Standard Solicitation Boralex has announced that four of its solar energy projects – Greens Corners (120 MW), Sandy Creek (19.99 MW), Bald Mountain (19.99 MW), and West River (19.99 MW) – were selected by the New York State Energy Research […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica Updated On Fri, Mar 13th, 2020 by Saurenergy Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […] Read more