MNRE Issues Guidelines for Bidding Process for Wind-Solar Hybrid Projects Updated On Wed, Oct 16th, 2019 by Saurenergy MNRE has issued draft guidelines for the tariff-based competitive bidding process for the procurement of power from wind-solar hybrid projects. The Ministry of New and Renewable Energy (MNRE) has issued a draft of the guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected wind-solar hybrid projects. The Ministry had in […] Read more
Winds of Change are Blowing in Africa: GWEC Updated On Wed, Oct 16th, 2019 by Saurenergy The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […] Read more
Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific Updated On Wed, Oct 16th, 2019 by Saurenergy UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […] Read more
Renewable Power to Boost Energy Security in Ukraine Till 2030 Updated On Tue, Oct 15th, 2019 by Saurenergy A new report has revealed that the proposed increase in renewable capacity in Ukraine is expected to boost energy security in the country in the near future Renewable installed capacity in Ukraine is set to grow at a 15.6 percent compound annual growth rate (CAGR) to reach 13.8 GW in 2030 from 2.8 GW in […] Read more
Government Committed to Providing Energy Security to the Country: Sitharaman Updated On Tue, Oct 15th, 2019 by Saurenergy Finance Minister Nirmala Sitharaman has said that the government is committed to provide energy security to India. “Here is the government which is committed for energy security for India. Energy security, which is not blindly using non-environment friendly sources,” the minister said while addressing the India Energy Forum CERAWeek Summit in Delhi. The third India Energy Forum by CERAWeek […] Read more
Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg Updated On Tue, Oct 15th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […] Read more
Siemens Gamesa to Develop 250 MW Wind Farm in Egypt Updated On Tue, Oct 15th, 2019 by Saurenergy Siemens Gamesa will install 96 (SG 2.6-114) turbines through a turnkey EPC contract for the 250 MW West Bark wind energy project in Egypt Siemens Gamesa has pledged its further commitment to the growth of clean energy in Egypt through the construction of the 250 MW West Bakr Wind project which is owned by the […] Read more
India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
Hydrogen Could Play a Central Role in Global Energy Transition: IRENA Updated On Fri, Oct 11th, 2019 by Saurenergy Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by IRENA finds. Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that hydrogen from renewable […] Read more