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
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
Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr Updated On Fri, May 31st, 2019 by Saurenergy Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […] Read more
Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
EESL Issues Tender For 2.7 Lakh Solar Water Pumps Updated On Thu, May 30th, 2019 by Saurenergy The last date for bid submission on the solar water pumps tender is July 1, 2019 The Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for procuring 272,579 solar water pumps. The scope of work for the selected […] 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
WB Announces Energy Partnership to Support Energy Storage in Developing Countries Updated On Wed, May 29th, 2019 by Saurenergy The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
