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
JERC Orders two UTs to Comply With RPO Targets Updated On Fri, Dec 20th, 2019 by Saurenergy JERC has asked DNHPDCL and the electricity department of Daman & Diu to comply with the RPO targets set by the commission. The Joint Electricity Regulatory Commission (JERC) has been conducting suo-moto hearings in the matter of compliance of the Renewable Purchase Obligations (RPO) by the State of Goa and Union Territories. After its latest […] Read more
Global Offshore Wind Capacity to Reach 142 GW by 2030: Report Updated On Thu, Dec 19th, 2019 by Saurenergy The global offshore wind market is set to grow at a CAGR of 16.2 percent between 2019 and 2030, reaching a cumulative capacity of 142 GW by 2030 The global offshore wind market is set to grow at a compound annual growth rate of 16.2 percent between 2019 and 2030, reaching a cumulative capacity of […] Read more
US Renewable Energy Consumption to Increase 4% Annually Updated On Thu, Dec 19th, 2019 by Saurenergy The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […] 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
TERI Tenders for Battery Energy Storage Systems in Delhi Updated On Wed, Dec 18th, 2019 by Saurenergy TERI has issued a tender for the commissioning of Battery Energy Storage Systems on turnkey basis under the UI-ASSIST initiative with BRPL in Delhi The Energy and Resources Institute (TERI) has issued a tender for the commissioning of Battery Energy Storage Systems (BESS) on turnkey basis under the UI-ASSIST initiative with the BSES Rajdhani (BRPL) […] Read more
AIIB Invests $46.7 mn in 100 MW Wind Farm in Kazakhstan Updated On Wed, Dec 18th, 2019 by Saurenergy AIIB has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan. The Asian Infrastructure Investment Bank (AIIB) has announced that its board has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan which, […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
