States That Miss UDAY Targets to Face Fund Cuts: R K Singh Updated On Thu, Aug 22nd, 2019 by Saurenergy The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […] Read more
Capital Dynamics Acquires 68 MW Wind Portfolio in Northern Ireland Updated On Wed, Aug 21st, 2019 by Saurenergy Capital Dynamics CEI has reached an agreement to acquire 100% of the equity in a portfolio of 4 operating wind projects totaling 68 MW in Northern Ireland Capital Dynamics, an independent global private asset management firm, has announced that its European Clean Energy Infrastructure (CEI) business has reached an agreement to acquire 100 percent of […] Read more
Goldwind Secures Order for 200 MW Wind Farm in Canada Updated On Wed, Aug 21st, 2019 by Saurenergy Goldwind has secured a firm turbine supply order for the 200 MW Golden South Wind Project in Canada Goldwind Americas, a wholly-owned subsidiary of Chinese wind major Xinjiang Goldwind Science & Technology, has announced that it has secured a firm turbine supply order for the 200 megawatts (MW) Golden South Wind Project located in Assiniboia, […] Read more
UKCI to Invest £14 mn on 250 MW Wind Projects in South Africa Updated On Wed, Aug 21st, 2019 by Saurenergy UKCI has announced an approximate £14 million agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South Africa. The UK Climate Investments (UKCI) has announced an approximate £14 million (R253 million) agreement with H1 Holdings to support the development of 250 MW of wind energy projects across South […] Read more
Global Offshore Wind Capacity Predicted to Reach 193 GW by 2030, 500 GW by 2050 Updated On Tue, Aug 20th, 2019 by Saurenergy Global offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 GW by 2030, and over 500 GW by 2050 According to a new report by the National Renewable Energy Laboratory (NREL), the global offshore wind market growth predictions show accelerated growth in the next […] Read more
Renewables to Account for 30% of Total Installed Capacity in the US by 2030 Updated On Tue, Aug 20th, 2019 by Saurenergy According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […] Read more
Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
Odisha Moves Towards Pre-Paid Electricity With new Smart Meters Updated On Tue, Aug 20th, 2019 by Saurenergy Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering The state government of Odisha has decided to introduce pre-paid smart electricity meters in the state in order to stop power theft and meter tampering, Energy Minister D S Mishra has said. The consumers will get […] Read more
MNRE Invites Startups to Make Innovative Solutions; Offers Reward Up to Rs 10 Lakh Updated On Mon, Aug 19th, 2019 by Saurenergy As per the MNRE, top performer will receive a cash grant of Rs 10 lakh, while second position holder company will get Rs 7 lakh and third rank holder entity will be eligible for Rs 5 lakh as reward. With an aim to encourage new innovations in the country, the Ministry of New and Renewable […] Read more