ACWA Power to Build 240 MW Wind Project in Azerbaijan Updated On Fri, Jan 10th, 2020 by Saurenergy ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […] Read more
MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender Updated On Fri, Jan 10th, 2020 by Saurenergy MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […] Read more
Govt Releases State Energy Efficiency Index 2019 Updated On Fri, Jan 10th, 2020 by Saurenergy With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […] Read more
UPERC Decides To Wait For Project Commencement on Amplus Plea Updated On Fri, Jan 10th, 2020 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission, in an order on January 7, has dismissed a petition by Amplus Green to consider its 50 Mw Mirzapur solar project installation as a captive project, asking the firm to file its plea after project completion instead. The order came even as Amplus Greens Private Limited has reached an […] Read more
AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal Updated On Thu, Jan 9th, 2020 by Saurenergy Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
Nexamp to Develop 3 Community Solar Projects in New Jersey Updated On Wed, Jan 8th, 2020 by Saurenergy Nexamp has been selected to build three new projects totaling more than 11 MW in New Jersey as part of that state’s Community Solar Energy Pilot Program. Nexamp, a leading developer of community solar programs across the US, has been selected to build three new projects totaling more than 11 MW in New Jersey as part of […] Read more
Subsidies & Fines Not The Only Prescription for Transport in India Updated On Mon, Jan 6th, 2020 by Saurenergy The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […] Read more
Denmark Sets Record With Wind Meeting 47% of its Energy Demands Updated On Fri, Jan 3rd, 2020 by Saurenergy Denmark got half its power from wind and solar last year, wind alone accounted for 47 percent of Danish electricity demand in 2019, setting a new record. Denmark got half its power from wind and solar last year in what its grid operator hailed as an important milestone in its hugely ambitious energy transition push. […] Read more
