MoP Proposes New Guidelines to Facilitate Pumped Storage Hydro Projects Updated On Mon, Feb 20th, 2023 by Saurenergy In a bid to give an impetus to India’s pumped storage hydro power projects, the Ministry of Power has come up with a proposal that seeks to provide multiple incentives entailing tax breaks. It has also set sights on facilitating the process of environment clearance by making it easier. Land may also be made cheaper. […] Read more
Romania Gets €259 Million EU Aid for Solar Panels & Battery Production Updated On Fri, Feb 17th, 2023 by Saurenergy Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […] Read more
Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading Updated On Fri, Feb 17th, 2023 by Saurenergy In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year Updated On Thu, Feb 16th, 2023 by Saurenergy Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […] Read more
EDF Renewables Acquires 10 GW Floating Offshore Wind Farm in Australia Updated On Thu, Feb 16th, 2023 by Saurenergy A wholly-owned subsidiary of French utility EDF Group, EDF Renewables in Australia has announced the acquisition of the 10 GW Newcastle floating offshore wind farm located in Australia. The project, which is currently in the works in proximity to the Port of Newcastle and energy transmission networks, is slated for the Hunter‐Central Coast Renewable Energy […] Read more
Volkswagen’s EV Charging Firm Electrify America Launches New Project for EV Solar Charging Updated On Thu, Feb 16th, 2023 by Saurenergy Volkswagen’s fast-charging public network firm Electrify America has announced the launch of “Solar Glow 1”, a cleantech project in the Golden State of California. The 75 MW solar power project to be established in San Bernardino County, California will produce 225,000 MWh of clean electricity annually. For the project that looks at charging electric vehicles […] Read more
Switzerland Seeks To Adapt For Solar Energy With AlpinSolar Plant Updated On Thu, Feb 16th, 2023 by Saurenergy Switzerland, the rich alpine country with what many would consider limited solar potential, has certainly started trying harder. The AlpinSolar power plant on Lake Muttsee Dam in Switzerland has become the first in the country with 5,000 solar panels. The dam is 2,500 meters above sea-level and is surrounded by snow capped peaks. It is […] Read more
