Danish Renewable Energy Infrastructure Fund Closes on $700 Mn Updated On Mon, May 20th, 2019 by Saurenergy Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […] Read more
Impact of Smart Charging EVs on the Energy Transition Updated On Fri, May 17th, 2019 by Saurenergy The International Renewable Energy Agency (IRENA) recently issued its review analysis on the potential and impact of smart charging electric vehicles on the energy transition. Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once […] Read more
PGCIL Proposes Evacuation System For Potential Solar, Wind Farms in the Western Zone Updated On Fri, May 17th, 2019 by Saurenergy The Powergrid Corporation of India (PGCIL) recently came up with a detailed proposal for developing a transmission system for the evacuation of power from potential solar and wind energy zones in the western region. The corporation agreed on the proposal during the first Western Region Standing Committee on Transmission (WRSCT) meeting. Subsequently, a petition was […] Read more
Nordex Receives Order For 74 Delta4000 Turbines For 350 MW Wind Project Updated On Wed, May 15th, 2019 by Saurenergy The wind turbines, which will be installed at an Oklahoma wind farm that has a proposed energy generating capacity of 350 megawatts will be delivered and installed in the spring of 2020. European wind turbine maker Nordex Group recently announced that it has bagged an order for supplying 74 wind turbines for a proposed 350 MW wind […] Read more
Gujarat Wind Auction Receives Lowest Bid of Rs 2.80/kWh Updated On Tue, May 14th, 2019 by Saurenergy Anisha Power Projects won the tender with the lowest bid of Rs 2.80/kWh for developing 40 MW wind projects. The Gujarat Urja Vikas Nigam Limited (GUVNL) had in March invited bids for the supply of 1,000 MW from wind power projects to be set up in the state. The state-run power utility last week received […] Read more
Adani Green Energy Commissions 50 MW Solar Power Project in UP Updated On Tue, May 14th, 2019 by Saurenergy The Company has filed an appeal before the Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Adani Green Energy (UP) Limited (AGEUPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned 50 MW solar power project in the […] Read more
Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
Decline In Wind Growth Puts German and EU Renewable Targets at Risk Updated On Fri, May 10th, 2019 by Saurenergy The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […] Read more
Vestas Bags 420 MW Order in For Wind Project in US Updated On Fri, May 10th, 2019 by Saurenergy The project deliveries have been scheduled for the second quarter of 2020, and the wind farm is expected to begin commercial operation in the fourth quarter of 2020. Denmark-based, Vestas has bagged an order in the United States for the development of a 420 MW wind power project. The turbine manufacturer has been selected for supplying […] Read more