PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project Updated On Wed, Oct 30th, 2019 by Saurenergy PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […] Read more
Railways Tenders for Procurement of Power From Hybrid Projects Updated On Wed, Oct 30th, 2019 by Saurenergy The Indian Railways has issued an RfS, inviting bids from eligible parties to procure power from wind and solar hybrid projects. The Railway Energy Management Company (REMCL), on behalf of the Indian Railways, has issued a Request for Selection (RfS), inviting bids from eligible parties to procure power from wind and solar hybrid projects. The […] Read more
Need to Grab Rooftop Solar Opportunity with Right Policy Structure: Sushil Bansal Updated On Mon, Oct 28th, 2019 by Saurenergy The rooftop solar segment is still far behind achieving its target. The main reason behind this I believe is resistance from Discoms and inconsistent solar rooftop policies in every state. There is high potential in erstwhile slow-moving solar rooftop segment. Already there is awareness among rooftop consumers. The cost advantage is also present. There is […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
Amazon Announces 3 New Renewable Projects in US and UK Updated On Thu, Oct 24th, 2019 by Saurenergy Amazon has announced 3 new renewable projects in the US and UK that support its commitment to reaching 80 percent renewable energy by 2024 Amazon has announced three new renewable energy projects in the US and UK that support its commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 […] Read more
Commonwealth of Virginia to Purchase 420 MW Renewable Energy Updated On Sat, Oct 19th, 2019 by Saurenergy State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Predictive Maintenance Key to Enhancing Safety and Productivity of Power Sector Updated On Fri, Oct 18th, 2019 by Saurenergy A new report looks at how predictive maintenance is becoming key to the power sector as it extends the operational life of infrastructure, while also enhancing safety & productivity Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organisational profitability, […] Read more
