Is the ‘Lucky Country’ Pushing Its Luck with Climate Change? Updated On Thu, Nov 21st, 2019 by Saurenergy Australia, for long the ‘lucky country’ due to a variety of reasons, especially its size, abundance of natural resources and some would say, distance from the rest of the world, is finally feeling the heat from climate change, activists say. Is that true? And How well prepared is Australia to do its bit? Just over […] Read more
Karnataka’s Pavagada Reaches 1850 MW Milestone with 100MW Avaada Commissioning Updated On Thu, Nov 21st, 2019 by Saurenergy The Pavagada Solar Park, a showpiece project for the Government of Karnataka as well as the International Solar Alliance (ISA) for its massive capacity (2050 MW) and the way it managed all stakeholders including land owners, has just reached another milestone. Industry sources say that Avaada Energy has commissioned 100 MW at the park, taking […] Read more
Power Minister Rubbishes News of October Woes for Thermal Plants Updated On Thu, Nov 21st, 2019 by Saurenergy Mr. R.K. Singh, the Minister of Power and New and Renewable Energy has denied the news of idling in the thermal sector. Is he right? In a somewhat belated response to a series of stories that came out last week about the ‘distress’ in the thermal power sector, Shri R.K. Singh, India’s MNRE Minister has […] Read more
The smarter E India to Organise its 11th Edition Next Week Updated On Thu, Nov 21st, 2019 by Saurenergy The smarter E India will be celebrating its 11th edition by next week from November 27 -29, 2019 in Bengaluru. With three parallel energy exhibitions, ‘The smarter E India’ is the country’s innovation hub for the new energy world. It presents cross-sector energy solutions and technologies and reflects the interaction of the solar, energy storage […] Read more
Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO Updated On Wed, Nov 20th, 2019 by Saurenergy French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […] Read more
Europe to Lead RE Cost Reductions for Offshore Wind Through 2028 Updated On Wed, Nov 20th, 2019 by Saurenergy The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […] Read more
Power Ministry Proposes Tariff Rebates on Advance Payments by Discoms Updated On Tue, Nov 19th, 2019 by Saurenergy The Ministry of Power has advised SERCs to establish reduction of generation/ transmission tariffs in cases of full or advance payments by state Discoms The Ministry of Power (MoP) has issued an order, advising state electricity regulatory commissions (SERCs) to establish the reduction of generation or transmission tariffs in cases of full or advance payments […] Read more
Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
Neoen and Tesla to Expand World’s Largest Li-ion Battery System Updated On Tue, Nov 19th, 2019 by Saurenergy Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […] Read more
