Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF Updated On Fri, Jan 18th, 2019 by Saurenergy Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […] Read more
Melbourne Becomes First City to Power its Council Buildings with 100% RE Updated On Thu, Jan 17th, 2019 by Saurenergy The group agreed to purchase 88GWh of electricity per year, about half of the energy that will be produced by the 80MW Crowlands Windfarm. The City of Melbourne has announced that its entire council is now powered by 100 percent Renewable Energy. In doing so, the city has now become the first in Australia to […] Read more
SECI and BSES Yamuna Sign PSA for 100 MW Wind Energy Updated On Wed, Jan 16th, 2019 by Saurenergy SECI announce an agreement with BSES Yamuna for sourcing 100 MW of wind power. Delhi’s power distribution company, BSES Yamuna (BYPL) has signed an agreement with Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The country’s nodal agency for renewables announced in a tweet. A PSA of 100 MW Wind Power […] Read more
Renewable Sources Contribute Over 40% to Germany’s Public Net Electricity Generation in 2018 Updated On Tue, Jan 8th, 2019 by Saurenergy Based on the production figures, solar energy showed the largest growth at 16 percent, ahead of wind energy with 5.4 percent growth. Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have just released their annual assessment on the net electricity generation for Germany’s public power supply in 2018. Based on the production figures, […] Read more
GERC Allows Torrent Power to Procure Wind Power at Rs 3.27 Updated On Mon, Jan 7th, 2019 by Saurenergy CLP Power Private Limited in its petition had requested the commission to direct Torrent Power to extend the PPA for the sale of 49.6 MW. The Gujarat Electricity Regulatory Commission (GERC), as a response to a review petition filed by the CLP Power Private Limited, has set Rs 3.27 as the tariff in the power […] Read more
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
BSES and SECI Sign Agreement for 200 MW Wind Energy Updated On Fri, Jan 4th, 2019 by Saurenergy The two discoms will procure capacity from SECI which will act as an intermediary procurer, a company statement said. Power discoms owned by Reliance Infrastructure in Delhi, BSES Yamuna (BYPL) and BSES Rajdhani (BRPL) have signed an agreement with Solar Energy Corporation of India (SECI) for sourcing 200 MW wind power at Rs 2.84 for […] Read more
KERC Proposes Generic Tariff for Wind Projects at Rs 2.95/KWh Updated On Fri, Jan 4th, 2019 by Saurenergy After finalizing the proposal and getting approvals, this will become the ceiling tariff for wind tenders in the state of Karnataka during the FY. Bringing uniformity to the wind power space in Karnataka, The Karnataka Electricity Regulatory Commission has proposed the generic tariff for the year 2019-20 at Rs 2.95 per kilowatt hour. After finalizing […] Read more
Vestas Secures 18 MW Order in Taiwan Updated On Thu, Jan 3rd, 2019 by Saurenergy The order includes the supply and supervision of installation of 5 V105-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode. Vestas has secured 18 MW order in Taiwan with local Engineering Procurement and Construction provider Star Energy Corporation for two of their latest wind energy projects. The order includes the supply and supervision of […] Read more