Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF Updated On Fri, Jan 18th, 2019 by Saurenergy Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […] Read more
Duke Energy’s Hamilton Solar Power Plant opens in Florida, providing more carbon-free energy for Sunshine State customers Updated On Wed, Jan 9th, 2019 by Saurenergy Duke Energy today announced the completion and operation of its new 74.9-megawatt (MW) Hamilton Solar Power Plant in Jasper, Fla. The plant’s carbon-free power is enough to energize more than 20,000 homes at peak production. Across Duke Energy’s Florida service territory, the company’s 1.8 million customers — and the environment — are now benefiting from approximately 300,000 solar […] Read more
GERC Allows Torrent Power to Procure Wind Power at Rs 3.27 Updated On Mon, Jan 7th, 2019 by Saurenergy CLP Power Private Limited in its petition had requested the commission to direct Torrent Power to extend the PPA for the sale of 49.6 MW. The Gujarat Electricity Regulatory Commission (GERC), as a response to a review petition filed by the CLP Power Private Limited, has set Rs 3.27 as the tariff in the power […] Read more
Andhra Pradesh Releases New Wind-Solar Hybrid Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The Government of Andhra Pradesh has set a target to achieve 18,000 MW of renewable energy capacity by the year 2021-22. Keen to harness the huge solar and wind potential of Andhra Pradesh, the state has launched its new ‘Andhra Pradesh Wind-Solar Hybrid Power Policy – 2018’. The Government of Andhra Pradesh has set a […] Read more
NTR Secures 229 million Euros in Second Renewable Energy Fund Updated On Fri, Jan 4th, 2019 by Saurenergy The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […] Read more
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
KERC Proposes Generic Tariff for Wind Projects at Rs 2.95/KWh Updated On Fri, Jan 4th, 2019 by Saurenergy After finalizing the proposal and getting approvals, this will become the ceiling tariff for wind tenders in the state of Karnataka during the FY. Bringing uniformity to the wind power space in Karnataka, The Karnataka Electricity Regulatory Commission has proposed the generic tariff for the year 2019-20 at Rs 2.95 per kilowatt hour. After finalizing […] Read more
Ørsted Puts Taiwan’s 900 MW Offshore Wind Project on Hold Updated On Thu, Jan 3rd, 2019 by Saurenergy The deadline for signing the 2018 PPA was extended to 2 January 2019 and Taiwan’s Bureau of Energy failed to do so by the deadline. Due to a delay by the Taiwan’s Bureau of Energy in issuing an establishment permit and signing the power purchase agreement (PPA), Ørsted has decided to pause and revisit project […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Power Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy The maximum tariff payable to each WPD is fixed at Rs 2.85/kWh for the entire term of 25 years. State-owned Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) document for setting up of 1200 MW ISTS connected wind power projects (Tranche-VI) on “Build Own Operate” basis. This 1200MW solar-wind hybrid tender […] Read more
