European Offshore Wind Capacity Grew By 18% in 2018 Updated On Sat, Feb 23rd, 2019 by Saurenergy Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by WindEurope. That’s an 18% increase in Europe’s offshore wind capacity. Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 GW. This is around 10% of the total installed wind energy capacity […] Read more
Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes Updated On Sat, Feb 23rd, 2019 by Saurenergy Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd. “The rating of the proposed notes reflects […] Read more
EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
SECI Designated as RE Implementing Agency Updated On Fri, Feb 22nd, 2019 by Saurenergy SECI has been designated as the renewable energy implementing agency so as to facilitate the application of connectivity and LTA in ISTS network. The Solar Energy Corporation of India with the approval of the Minister for Power and New and Renewable Energy, R K Singh, has been designated as the Renewable Energy Implementing Agency of […] Read more
MNRE’s Rs 175.87 Cr RE Research and Technology Development Programme Renewed Updated On Fri, Feb 22nd, 2019 by Saurenergy The President of India has given his approval for the continuation of the Renewable Energy Research and Technology Development (RETD) program of the Ministry of New and Renewable Energy (MNRE) for implementation during 2017-18 and 2019-20 at the cost of Rs 175.87 crore. The scheme aims at scaling up R&D effort for “Renewable Energy Research […] Read more
Wind Now Provides 14% of Europe’s Electricity Updated On Fri, Feb 22nd, 2019 by Saurenergy Wind energy provided 14% of the EU’s electricity last year, up from 12% in 2017, according to statistics released by WindEurope. Wind power capacity rose in Europe by 11.3 GW in 2018. Continued growth in capacity and the use of more powerful turbines are helping to drive up wind’s share in the electricity mix. Denmark […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Thu, Feb 21st, 2019 by Saurenergy Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
