UK Government Doubles Funding for on Street EV Charging Points Updated On Tue, Aug 13th, 2019 by Saurenergy The UK government is doublings its GBP 2.5 million funding for the installation of over 1,000 new electric vehicle (EV) chargepoints. Owning and charging an electric vehicle (EV) is set to become more convenient than ever in the United Kingdom thanks to an additional GBP 2.5 million for funding the installation of over 1,000 new […] Read more
Blackout in UK Brings Issue of Grid Stability and Renewable Power to the Forefront Updated On Tue, Aug 13th, 2019 by Saurenergy Britain’s National Grid is in focus after it was asked to explain the blackout on August 9, which resulted in almost a million people going without power and disruptions across the board. The blackout on Friday in Britain was the biggest in more than a decade and the evening occurrence caused rush hour travel disruption […] Read more
Japan’s GPIF and ADB Partner to Finance Green Projects Updated On Tue, Aug 13th, 2019 by Saurenergy ADB and Japan’s GPIF recently formed a partnership to support green project financing through investments in ADB’s green bonds. The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds. “We are pleased to collaborate with GPIF on this […] Read more
Portugal Awards World’s Lowest Cost Solar Contract Updated On Tue, Aug 13th, 2019 by Saurenergy Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […] Read more
SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed Updated On Mon, Aug 12th, 2019 by Saurenergy SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Hanergy SHJ technology Sets New World Record With 24.85% Conversion Rate Updated On Wed, Aug 7th, 2019 by Saurenergy Hanergy has jointly announced that the ISFH has certified its SHJ technology as the world’s most efficient. Hanergy Thin Film Power Group has jointly announced with Chengdu Zhufeng Yongming Technology company that the Institute for Solar Energy Research in Hamelin (ISFH), the German testing body has certified its silicon heterojunction thin-film battery technology (SHJ technology) […] Read more