6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC Updated On Mon, Mar 1st, 2021 by Saurenergy The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […] Read more
Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov Updated On Mon, Mar 1st, 2021 by Saurenergy Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […] Read more
Manager (Business Development)/ (E-4 Grade) Job in SECI Updated On Sun, Feb 28th, 2021 by Saurenergy Govt Jobs in Renewable Company Solar Energy Corporation of India Ltd (SECI) Specification and Experience Candidate should have minimum 07 year of post-qualification executive experience in power sector in field of Business Development/ Market Analysis/ Liasioning/ Coordination with relevant authorities i.e State/ Central Govt./ CPSUs/ State PSU’s working in Power Sector. (i) If working on […] Read more
Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments Updated On Fri, Feb 26th, 2021 by Saurenergy Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […] Read more
Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
XL Fleet Partners With UBS Arena & New York Islanders for 1000 EV Charging Stations Updated On Fri, Feb 26th, 2021 by Saurenergy US-based vehicle electrification solutions provider, XL Fleet has announced its partnership with UBS Arena and the New York Islanders to explore the deployment and operation of 1,000 electric vehicle (EV) charging stations at the new UBS Arena. USB Arena is New York’s next premier entertainment and sports venue and future home of a professional ice […] Read more
Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021 Updated On Fri, Feb 26th, 2021 by Saurenergy The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025. The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
