IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
IESA & UNIDO Partner to Promote Innovations in Energy Storage in India Updated On Fri, Dec 11th, 2020 by Saurenergy IESA has partnered with UNIDO for FLCTD Innovation Challenge for technology innovation in beta deployment of energy storage in India India Energy Storage Alliance (IESA) has announced that it has partnered with the United Nations Industrial Development Organization (UNIDO) for “Facility of Low Carbon Deployment” (FLCTD) Innovation Challenge for technology innovation in the beta deployment […] Read more
763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW Updated On Fri, Dec 11th, 2020 by Saurenergy India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […] Read more
ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project Updated On Thu, Dec 10th, 2020 by Saurenergy The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […] Read more
India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking Updated On Thu, Dec 10th, 2020 by Saurenergy India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
SECI Extends EOI for Empanelment of Agencies for Work in E-Mobility Space Updated On Thu, Dec 10th, 2020 by Saurenergy SECI has extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has extended its EOI for empanelment of agencies for the identification and implementation of business opportunities in the electric mobility (e-mobility) space in line with the national […] Read more
Seraphim to Set Up 750 MW Module Production Factory in Vietnam Updated On Wed, Dec 9th, 2020 by Saurenergy Solar products manufacturer Seraphim Solar has announced its investment in a 750 MW module assembly factory in Vietnam. The global supply capability of Vietnam’s enterprise resilience will get enhanced by using Seraphim’s 500W S3 series half-cell modules and 250W S4 series half-cell modules. Jun Zhuge, Executive Vice President of Seraphim, commented, “This factory is designed […] Read more
