Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
BMW now has Half a Million Electric Vehicles on Road Updated On Fri, Dec 20th, 2019 by Saurenergy The BMW Group has reached another electro-mobility milestone and already delivered half a million electric vehicles to customers worldwide. As an e-mobility pioneer, the BMW Group has announced that it has reached another electro-mobility milestone and already delivered half a million electric vehicles to customers worldwide. The milestone was crossed after Sebastian Mackensen, BMW Group […] Read more
EDPR Secures Long-Term CfD for 307 MW Wind at Polish Auction Updated On Fri, Dec 20th, 2019 by Saurenergy EDPR has secured a 15-year CfD at the Polish energy auction to sell electricity produced by a portfolio of 11 wind farms with a total capacity of 307 MW. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has secured […] Read more
547 Energy and Enora Secure 135 MW Wind Energy Projects in Greece Updated On Fri, Dec 20th, 2019 by Saurenergy 547 Energy in partnership with Enora, been awarded by the RAE in Greece four 20-year PPA for 135 MW of wind energy projects located in Central Macedonia. 547 Energy, the clean energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings, has, in partnership with Enora, been awarded by […] Read more
Chattisgarh Issues Tariff Regulations for Renewable Energy Projects Updated On Thu, Dec 19th, 2019 by Saurenergy CSERC has issued the regulations for determining tariff for renewable energy sources for the purpose of sale of power to Discoms in Chattisgarh The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued the regulations specifying the terms and conditions of tariff for renewable energy sources for the purpose of sale of power to Discoms in […] Read more
Acciona Increases Operating Renewable Capacity in Chile by 84% Updated On Thu, Dec 19th, 2019 by Saurenergy Acciona has put two new renewable energy projects into service in Chile, and in doing so it has increased its operating capacity in the country by 84% Spanish conglomerate group Acciona, which is dedicated to the development and management of infrastructure and renewable energy has announced that it as put two new renewable energy projects […] Read more
AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey Updated On Wed, Dec 18th, 2019 by Saurenergy A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […] Read more
Delays and Cancellations to Dampen US Microgrid Growth Updated On Wed, Dec 18th, 2019 by Saurenergy Project cancellations and delays connecting planned projects to the grid will lead the US microgrid market to contract 17% from its 2018 peak Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17 percent from its 2018 peak by the end of this year, according […] Read more
