EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030 Updated On Mon, Mar 1st, 2021 by Saurenergy EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […] Read more
MSMEs Should Avail Concessional Debt Finance to Install Rooftop Solar: Gadkari Updated On Mon, Mar 1st, 2021 by Saurenergy Nitin Gadkari has invited MSMEs to look at accessing concessional debt finance to install rooftop solar systems to improve business efficiency Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has invited MSMEs in India to look at accessing concessional debt finance to install rooftop solar systems to improve their business efficiency. […] Read more
No Concessional Custom Duty on Imported Items for Initial Setting up of Solar Plants Updated On Mon, Mar 1st, 2021 by Saurenergy MNRE will be discontinuing the benefit of Concessional Custom Duty for items imported for the initial setting up of solar projects The Ministry of New and Renewable Energy (MNRE) has notified that it will be discontinuing the benefit of Concessional Custom Duty in respect of items imported for the initial setting up of solar power […] Read more
ITI Tenders for 1200 kW Solar Plant With Net-Metering in Bangalore Updated On Mon, Mar 1st, 2021 by Saurenergy ITI has tendered for a 1200 kW grid-tied solar PV power plant under rooftop/ ground-mounted net-metering at its Bangalore Plant ITI Limited has issued a tender for the commissioning of a 1200 kW grid-tied solar PV power plant under rooftop/ ground-mounted net-metering at its Bangalore Plant in the state of Karnataka. The scope of work […] Read more
SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy Updated On Sat, Feb 27th, 2021 by Saurenergy Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […] Read more
Programme Officer (Solar Energy) Updated On Sat, Feb 27th, 2021 by Saurenergy Duties and Responsibilities: The Renewable Energy (solar) Programme Officer will support the ISA through the collection, analysis, and presentation of data on renewable energy(solar) needs and opportunities specifically in relation to solar energy. The Programme Officer will report either to the Director, Programme or the Director of Technology and Innovation and be responsible for the […] Read more
SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects Updated On Fri, Feb 26th, 2021 by Saurenergy SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
