India Leads Asia Pacific With Lowest Renewable Cost: Report Updated On Mon, Jul 29th, 2019 by Saurenergy India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more
Siemens Gamesa Signs Supply Contract for 94 MW Wind Farm in Brazil Updated On Thu, Jul 25th, 2019 by Saurenergy Siemens Gamesa will supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farm in Brazil with an installed capacity of 94 MW. Siemens Gamesa has signed its first contract with Brennand Investimentos to supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farms in Sento Sé, Bahia, Brazil with […] Read more
ADB, Partners to Increase Access to Clean Energy in Tonga Updated On Wed, Jul 24th, 2019 by Saurenergy ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […] Read more
Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023 Updated On Wed, Jul 24th, 2019 by Saurenergy A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […] Read more
Despite Renewable Push, Coal Will Remain the Main Energy Source Updated On Wed, Jul 24th, 2019 by Saurenergy Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so. Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so, Power and New and Renewable Energy Minister R K Singh […] Read more
