Greece Launches Europe’s Second Renewable Hybrid Power Project Updated On Fri, Jun 7th, 2019 by Saurenergy The Greek Island Ikaria became home to the second hybrid project in Europe after a long wait of more than 3 decades Greece’s Public Power Corp (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic power, on the island of Ikaria. The first hybrid plant was launched in 1983 on Kythnos […] Read more
Greenko Raises $495 Mn in Funding For 2.4 GW of Storage Projects Updated On Fri, Jun 7th, 2019 by Saurenergy Greenko Energy has announced the signing of definitive agreements for a primary equity raising of $495 mn from an affiliate of GIC and ADIA. Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity raising of $495 million (mn) from an affiliate of GIC […] Read more
ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects Updated On Thu, Jun 6th, 2019 by Saurenergy ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […] Read more
Indian Navy Sails towards Renewable Energy; 24MW Solar Projects under Execution Updated On Wed, Jun 5th, 2019 by Saurenergy Besides, Indian Navy has also taken up few pilot projects which utilize wind or hybrid (both wind and solar) as a source of energy. These projects not only aim to reduce carbon footprint but also help achieve self-sustenance in energy security. Demand for energy spurred over the past two decades on the back of unprecedented […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Canada Launches Climate Action Incentive Fund Updated On Mon, Jun 3rd, 2019 by Saurenergy Businesses that plan to build renewable energy projects are eligible to receive up to 25% of project-related costs, with funding ranging from C$20,000 to C$250,000, under the Climate Action Incentive Fund. The government of Canada has launched a new incentive program, the Climate Action Incentive Fund (CAIF), to help fight climate change, the federal […] Read more
IRENA Report on Innovation Landscape for a Renewable-Powered Future Updated On Fri, May 31st, 2019 by Saurenergy The integration of solar and wind power poses specific challenges as system operators pursue low-carbon investments and long-term energy sustainability. As these variable renewable energy (VRE) sources reach high shares of power generation, power systems must be increasingly flexible to maintain the balance of supply and demand over each day or year. In response, policymakers […] Read more
Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
