NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] Read more
Total Enters Floating Offshore Wind Sector in France With Latest Acquisition Updated On Fri, Oct 9th, 2020 by Saurenergy Total has become a 20% shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan in France. French multinational integrated oil and gas company Total has announced that it has become a 20 percent shareholder in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
EBRD to Support Largest Renewable Energy Project in Greece Updated On Thu, Oct 8th, 2020 by Saurenergy Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […] Read more
Vestas Introduces Low-Wind Variant to Expand Footprint in India Updated On Wed, Oct 7th, 2020 by Saurenergy To help meet the growing demand in India, Vestas is introducing the V155-3.3 MW turbine optimised for low and ultra-low wind conditions. The global demand for sustainable energy solutions in low and ultra-low wind areas continues to grow as renewable technology improves in efficiency and cost. This trend is especially prominent in India, the world’s […] Read more
Share of Renewable Energy in India’s Energy mix now at 26%: CEA Updated On Mon, Oct 5th, 2020 by Saurenergy The share of renewable energy in India’s energy mix has increased from 23% to 26% in the April-August period this fiscal, CEA has confirmed. The share of renewable energy in India’s energy mix has increased from 23 percent to 26 percent in the April-August period this fiscal, a senior official at the Central Electricity Authority (CEA) […] Read more
Adani Green Energy Completes Acquisition of 205 MW Solar Assets From Essel Updated On Thu, Oct 1st, 2020 by Saurenergy Adani Green Energy has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited and Essel Infraprojects Limited. Adani Green Energy Limited (AGEL), the renewable energy business of the Adani Group, has announced that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
India’s RE Push Based on Energy Security and Climate Change: Suresh Prabhu Updated On Thu, Oct 1st, 2020 by Saurenergy India’s focus on renewables will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu has said India’s focus on renewable segments like solar, wind and hydropower will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu said on Wednesday. “The energy and environment are the two sides of the […] Read more
