Auctioned Wind Power Saw 160% YoY Rise in Q1 2021: GWEC Updated On Mon, May 31st, 2021 by Saurenergy According to the latest GWEC Market Intelligence, nearly 7 GW of wind power capacity was auctioned globally in Q1 2021 – a 160% year-on-year increase compared to Q1 2020, which saw only 2.7 GW auctioned due to a slowdown caused by the first wave of the COVID-19 pandemic. Offshore wind accounted for the majority of […] Read more
Chile EDPR Acquires 628 MW Wind and Solar Portfolio in Chilean Market Updated On Mon, May 31st, 2021 by Saurenergy Spain-headquartered renewable energy company EDP Renewables (EDP Renováveis) recently announced that it has signed agreements to acquire a 628 MW wind and solar portfolio in Chile, with commercial operations expected to commence between 2023 and 2025. The transaction has been reached through two separate agreements with Atacama Energy and Lader Energy for a total consideration […] Read more
Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
Goa CM Seeks 100% Solar Powered Electrification in Rural Households Updated On Mon, May 31st, 2021 by Saurenergy At the inauguration of a solar-based electrification program for remote rural households in Goa, the chief minister (CM) of Goa, Dr. Pramod Sawant said, “On Goa Statehood Day, it is a proud moment for us to announce that we will achieve 100 percent electrification for all homes in Goa, and that too with clean energy. […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more
CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
PGVCL Issues Tender for Bidirectional Meters for Rooftop Solar Updated On Mon, May 31st, 2021 by Saurenergy Paschim Gujrat Vij Company Limited (PGVCL) has issued an e-tender for the purchase of single-phased, 5-30 ampere, solar bidirectional static meters having LED display and facility for data downloading from the rooftop solar. The tender has been issued only for the GST-registered manufacturers who work in India for the purchase of a total of 68245 […] Read more
IRENA Members embrace framework on Just & Inclusive Energy Transition Updated On Mon, May 31st, 2021 by Saurenergy Representatives from over 50 IRENA member countries gathered for the first meeting of the Collaborative Framework for Just and Inclusive Energy Transitions. The meeting took place during the last week’s IRENA Council and was co-facilitated by the United States and South Africa. As IRENA members are stepping up action to meet global climate objectives and […] Read more
Chattisgarh Steelmaker To Go for 250 MW Solar Plant For Captive Use Updated On Mon, May 31st, 2021 by Saurenergy Godawari Power & Ispat Ltd, an integrated steel manufacturer based in Chattisgarh, has announced plans to set up a solar power plant of 250 MW capacity in the state. The plant has been estimated to cost Rs 750 crores when completed, and will help meet the firm’s RPO obligations as well as overall lowering of […] Read more
