41 Percent Growth in India’s Power Consumption in April 2021 Updated On Mon, May 3rd, 2021 by Saurenergy Power consumption in India grew 41 percent in April 2021 to reach 119.27 BU According to data made available by the Power Ministry, power consumption in India grew 41 percent in April 2021 to reach 119.27 billion units (BU) over the same month last year, showing what the ministry believes to be a robust recovery in industrial and […] Read more
US DOE to Issue $8.25 Bn in Loans to Enhance Transmission Nationwide Updated On Wed, Apr 28th, 2021 by Saurenergy The US DOE has announced the availability of up to USD 8.25 billion in loans for efforts to expand and improve the US transmission grid. In support of the Biden Administration’s commitment to modernise the nation’s power grid and infrastructure and deliver 100 percent clean energy to businesses and homeowners by 2035, the US Department […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
New Solar Projects Accelerate Saudi Vision 2030 Updated On Sat, Apr 10th, 2021 by Saurenergy Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy. In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […] Read more
Nordex Wins Orders Worth 259 MW in Turkey and Germany Updated On Fri, Apr 9th, 2021 by Saurenergy The Nordex Group has announced two new project wins in Turkey and Germany for a combined 259 MW of wind energy capacity. The first order has been received from the Caba Group for 39 – N133/4800 turbines from the Delta4000 series for the second construction phase of the “Istanbul” wind farm. The order also includes […] Read more
ReNew Power Commissions 110 MW Solar Project in Jaisalmer Updated On Thu, Apr 8th, 2021 by Saurenergy ReNew Power has commissioned a 110 MW solar generation facility in Jaisalmer and signed a PPA with SECI at a tariff of Rs 2.49/kWh. ReNew Power has announced that it has successfully commissioned a 110 megawatt (MW) solar generation facility in Jaisalmer, Rajasthan. As part of the project, the firm has signed a power purchase agreement with Solar Energy Corporation […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
UK and India Working Together To Tackle Climate Crisis: Britain’s Minister Updated On Tue, Mar 23rd, 2021 by Saurenergy After a five-day tour of India, Britain’s Minister of State for South Asia, Lord Tariq Ahmad has said that UK and India are working to expand research and collaboration links to tackle climate change. Speaking on this two-nation partnership, Ahmad stated, “India has quadrupled wind and solar capacity in the last decade and committed to […] Read more
South Africa Planning RE Investments & 3 Power Ships to Tackle Power Crisis Updated On Mon, Mar 22nd, 2021 by Saurenergy South Africa has announced its new plans to ease the severe electricity crisis in the country, including three offshore power ships, greater use of solar and wind energy, and other renewable energy (RE) investments. Minister of Mineral Resources and Energy Gwede Mantashe, had recently announced eight chosen bidders in the government’s emergency risk mitigation program, […] Read more
