CEA Predicts 6-Fold Increase in RE Capacity by 2029-30 Updated On Tue, Jul 23rd, 2019 by Saurenergy The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
Duke Energy Acquires 200 MW Solar Plant in Texas from 8minute Energy Updated On Tue, Jul 23rd, 2019 by Saurenergy Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute solar energy in Nolan County, Texas Duke Energy Renewables, a subsidiary of Duke Energy, is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute Solar Energy. The project, located in Nolan County, Texas, […] Read more
TP-DDL Organises Event in North Delhi to Promote Rooftop Solar Updated On Mon, Jul 22nd, 2019 by Saurenergy In line with the Delhi Government’s Solar Policy Initiatives, TP-DDL organized ‘Solarize Shakurbasti’, a locality in North Delhi with nearly 10,000 houses In line with the Delhi Government’s Solar Policy Initiatives, Tata Power-DDL (TP-DDL) organized ‘Solarize Shakurbasti’, a prominent area in North Delhi with more than 10,000 houses. Power Minister of the government of NCT […] Read more
Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource Updated On Sat, Jul 20th, 2019 by Saurenergy Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […] Read more
Georgia Power Gets Approval for 2260 MW RE Projects Updated On Fri, Jul 19th, 2019 by Saurenergy Georgia Power 2019 IRP includes energy storage projects, 2,260 MW more renewable generation by 2024, and approval of its environmental compliance strategy Georgia Power 2019 Integrated Resource Plan (IRP), which was unanimously approved by the Georgia Public Service Commission (PSC), includes energy storage projects, 72 percent (2,260 MW) more renewable (solar, wind and biomass) generation […] Read more
EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
