Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Innergex Acquires Large-Scale Solar PV Project from Longroad Energy Updated On Wed, Jul 4th, 2018 by Saurenergy The company further said that the full notice to proceed with construction was issued and the commercial operation will be started during the third quarter of 2019. Canadian renewable energy firm Innergex Renewable Energy has acquired 250MW AC/ 315 MW DC photovoltaic (PV) solar project in the United States from renewable energy developer Longroad Energy Partners. The company further […] Read more
Tata Power Renewable Energy Commissions 100 MW Solar Project in AP Updated On Mon, Jul 2nd, 2018 by Saurenergy We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth India’s largest power integration company, Tata Power Renewable Energy Ltd (TPREL) announced it has commissioned a 100 MW solar power plant at Anthapuramu Solar Park in […] Read more
IESA, IEEMA to Hold 2nd Masterclass on Advanced Energy Storage Manufacturing in India Updated On Mon, Jul 2nd, 2018 by Saurenergy The workshop will provide participants a complete overview on latest technology trends, market opportunities as well as insight on IP acquisition and setting up of manufacturing for advanced energy storage and EV charging infrastructure. After the overwhelming response to the first Masterclass program held in Mumbai, India Energy Solar Alliance (IESA) along with Indian Electrical […] Read more
CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan Updated On Mon, Jun 25th, 2018 by Saurenergy Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
Solar-Wind Hybrid Power Policy Announced for Gujarat Updated On Fri, Jun 22nd, 2018 by Saurenergy The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […] Read more
World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report Updated On Wed, Jun 20th, 2018 by Saurenergy “We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […] Read more
