Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece Updated On Tue, Apr 7th, 2020 by Saurenergy The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […] Read more
547 Energy and Enora Secure PPA for 153 MW Wind Project in Greece Updated On Tue, Apr 7th, 2020 by Saurenergy 547 Energy in partnership with ENORA has been awarded a 20-year PPA by the RAE in Greece for a 153 megawatt (MW) wind energy project. 547 Energy, the renewable energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings in partnership with ENORA has been awarded a 20-year power […] Read more
Scatec Solar Announces Completion of 258 MW Solar Project in South Africa Updated On Tue, Apr 7th, 2020 by Saurenergy Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […] Read more
Sharp Increase in Renewable Investments Post COVID-19: Iberdrola CEO Updated On Tue, Apr 7th, 2020 by Saurenergy Iberdrola CEO Ignacio Galán has announced that the firm will speed up its renewable investments as soon as it is deemed safe to do so. Iberdrola CEO Ignacio Galán, while addressing the firms’ 600,000 shareholders in the recently held fully remote Annual General Meeting, has announced that in view of the current situation with the […] Read more
Spain Plans to Install 2.2 GW Wind Capacity Annually through 2030 Updated On Tue, Apr 7th, 2020 by Saurenergy The 2030 National Energy and Climate Plan has been issued in Spain, with the European nation seeking to deploy 2.2 GW of wind capacity annually until 2030. The Spanish government has submitted its 2030 National Energy and Climate Plan (NECP), raising the country’s ambitions on greenhouse gas emission reduction to 23 percent compared to the […] Read more
Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
Majuperak Enters JVA for Solar Energy Project in Malaysia Updated On Mon, Apr 6th, 2020 by Saurenergy Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […] Read more
Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown Updated On Mon, Apr 6th, 2020 by Saurenergy Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […] Read more
MNRE Continues To Bat For Renewable Energy. Will It Be Enough? Updated On Mon, Apr 6th, 2020 by Saurenergy Continuing with its quick moves, after every such incident, the Ministry of New and Renewable Energy has clarified again that distribution companies that do not honour their power purchase agreements will be charged for ‘deemed generation.’ In other words, if they happen to curtail power from RE producers despite the instructions to treat them as ‘must […] Read more
