Solar Generation In India Improved In FY24: Fitch Ratings Updated On Mon, Sep 2nd, 2024 by Saurenergy In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
TotalEnergies Launches 3 MW Floating Wind Pilot At Culzean Updated On Thu, Aug 29th, 2024 by Saurenergy TotalEnergies launched a pilot project constituting a floating wind turbine that would supply renewable power to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km off the eastern coast of Scotland. This turbine, expected to be fully […] Read more
A Week Later, No Relenting In Tamil Nadu Decision To Add ‘Resource Charge’ On Wind Energy Updated On Tue, Aug 27th, 2024 by Saurenergy The Tamil Nadu government , which imposed a Rs 50 lakh ‘resource charge’ for every MW of upcoming ISTS connected wind energy installations in the state, seems unwilling to relent on the decision. The state, one of the most well placed to generate wind power in the country with an installed capacity of 10.7 GW, […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
China Blows Past 2030 Target For Solar, Wind Updated On Mon, Aug 26th, 2024 by Saurenergy Back in 2020, Chinese President Xi Jining had outlined a plan to be carbon neutral by 2060, achieve peak emissions by 2030, and in doing so, add 1200 GW of solar and wind capacity by 2030. Low Prices Drive Faster Adoption As it turns out, the Chinese might have surprised even themselves considering how quickly […] Read more
Extreme Temperatures: CEA Issues Clarifications To Wind Companies Updated On Mon, Aug 12th, 2024 by Saurenergy The Central Electricity Authority (CEA) has issued clarifications for the wind power companies related to their compliance with the norms related to extreme temperatures. This clarification came to the forth after the Wind Power Producers Association (WIPPA) approached the Ministry of Power. The association had earlier apprised the ministry about the hurdles in obtaining Connectivity […] Read more
Envision bags 116 MW Wind Turbine Deal From Blueleaf Energy Updated On Mon, Aug 12th, 2024 by Saurenergy Envision Wind Power Technologies India Private Limited has announced a major milestone by securing a 116 MW turbine supply agreement with Blueleaf Energy. This agreement involves the supply of 35 EN-156 3.3 MW turbines for a co-located wind-solar hybrid power project in Madhya Pradesh, set to commence construction in 2024 and complete by 2025. […] Read more
Bright Future for Offshore Wind Power, But High Rewards Come with High Risks Updated On Thu, Aug 1st, 2024 by Saurenergy Fossil fuels are a major contributor to global warming, prompting nations to seek alternative energy sources. As traditional energy sources like coal, oil, and gas are phased out, the world is looking to alternative energy sources to fill the gap. Wind power, in particular, is expected to take off. According to the International Renewable Energy […] Read more
