Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects Updated On Fri, Mar 5th, 2021 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […] Read more
Union Cabinet Approves MoU Between India and France on Renewable Energy Updated On Thu, Mar 4th, 2021 by Saurenergy The Union Cabinet was apprised and approved of the signing of MoU between India and France in the field of renewable energy cooperation. The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of the signing of the Memorandum of Understanding (MoU) between India and France in the field of renewable energy cooperation. […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
EDF, Oceanus, Plan Power & Desalination, By Using Pumped Storage, Renewable Energy Updated On Tue, Mar 2nd, 2021 by Saurenergy French energy utility major EDF and Oceanus have announced plans to build a pumped hydro storage station along with a desalination plant powered by wind and solar. The plan is to use saltwater to produce hydropower during periods of high demand, while producing affordable freshwater using the same energy. The project will be located in […] Read more
EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030 Updated On Mon, Mar 1st, 2021 by Saurenergy EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […] Read more
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
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
