Pandemic is Hurting but not Halting Global Renewable Growth: IEA Updated On Fri, May 22nd, 2020 by Saurenergy The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […] Read more
ONGC and NTPC to Form JV for Renewable Energy Business Updated On Fri, May 22nd, 2020 by Saurenergy ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […] Read more
Discoms in Bihar Enjoying Perks of Installing EESL’s Prepaid Smart Meters amid Lockdown Updated On Thu, May 21st, 2020 by Saurenergy Amidst nationwide lockdown where most of the Discoms are dealing with outstanding dues mainly on account of long-pending bill payments from their customers, some of the power distribution companies (Discoms) in Bihar are earning Rs 5 lakh per day prepaid revenue through EESL-led smart metering programme. Bihar became the first state in India which has […] Read more
PG&E Poised to Expand Energy Storage Capacity by 423 MW Updated On Thu, May 21st, 2020 by Saurenergy PG&E has requested approval of five energy storage projects totaling 423 MW, in a filing with the California Public Utilities Commission (CPUC). Pacific Gas and Electric Company (PG&E) has requested approval of five energy storage projects totaling 423 megawatts (MW), in a filing with the California Public Utilities Commission (CPUC). The projects are intended to […] Read more
Vistra Energy to Expand its 300 MW BESS Facility in California Updated On Thu, May 21st, 2020 by Saurenergy Vistra Energy has announced that subject to approval by the CPUC, it will expand the size of the BESS at its Moss Landing site in Moss Landing, California. Vistra Energy has announced that subject to approval by the California Public Utilities Commission (CPUC), it will expand the size of the battery energy storage systems (BESS) […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
ArcVera Renewables Now Offering Technical Service for Energy Storage Projects Updated On Wed, May 20th, 2020 by Saurenergy ArcVera Renewables, a leading provider of consulting and technical services for renewable energy projects, has now unveiled its technical know-how for the standalone energy storage or hybrid projects. For the standalone renewable energy projects, the company will be providing expert technical, financial, and independent engineering services. The company, which is having over 40 years of […] Read more
RES and Energy Estate to Advance 2 GW Renewable Hub in Queensland Updated On Tue, May 19th, 2020 by Saurenergy RES and Energy Estate will work together on the CQP project which plans to deliver over 2 GW of wind, solar and storage developments in Queensland RES, one of the world’s largest independent renewable energy companies with over 16 GW portfolio has partnered with Energy Estate to work together on the Central Queensland Power project […] Read more
