Unplanned Solar Plant Repairs Worth $16 bn by 2024 Updated On Wed, Oct 9th, 2019 by Saurenergy Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […] Read more
IREDA Gets Approval for IPO. Will it be Second Time Lucky? Updated On Wed, Oct 9th, 2019 by Saurenergy The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The final regulatory approval clears the way to the much awaited initial public offering (IPO) for the state owned firm. While the firm had last targeted […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Engie EPS Selected for Solar Plus Storage Projects in Guam Updated On Wed, Oct 9th, 2019 by Saurenergy Engie EPS has been selected as the successful bidder for the construction of two solar-plus-storage projects under a 20-year PPA in Guam Engie EPS, a subsidiary of the Engie group, involved in the energy storage systems and microgrids segment has been informed that the Power Authority of Guam, a US territory in the Western Pacific, […] Read more
MNRE Nudges CPSEs to Give Priority to Renewable Energy Investments Updated On Wed, Oct 9th, 2019 by Saurenergy CPSEs have been asked by MNRE to prioritise renewable energy projects in their investment plans, as part of larger efforts to reduce carbon emission. All central public sector enterprises (CPSEs) have been asked by the Ministry of New and Renewable Energy (MNRE) to prioritise renewable energy projects in their investment plans, as part of larger efforts […] Read more
ASI Acquires ReneSola-Developed 55MW Solar Farm in Poland Updated On Mon, Oct 7th, 2019 by Saurenergy This ReneSola-developed portfolio consists of 34 state-of-the-art individual projects with a total installed capacity of 55MW. Global asset manager Aberdeen Standard Investments (ASI) has acquired 100 percent stakeholding in ground-mounted solar farms developed by Renesola with 55 MW of capacity. This ReneSola-developed portfolio consists of 34 state-of-the-art individual projects with a total installed capacity of […] Read more
Fortum Gets Award for Renewable Energy Promotion in Russia Updated On Mon, Oct 7th, 2019 by Saurenergy This event was a part of the Russian Energy Week, an international forum in Moscow, and is supported by the Russian Ministry of Energy. Finnish state-owned energy company Fortum has been awarded with a prize in MediaTEK, a national contest for communications and media in the energy sector, for building awareness for renewable energy development […] Read more
MNRE Launches Internship Scheme on Renewable Energy Updated On Mon, Oct 7th, 2019 by Saurenergy The ministry further added that this internship will be on an unpaid basis, and no stipend will be provided to the interns. It will be available throughout the year as per the MNRE requirement. The Ministry of New & Renewable Energy (MNRE) has offered a national internship program on renewable energy called National Renewable Energy […] Read more
58/100. India’s Likely Target Achievement on renewables in 2022 Updated On Mon, Oct 7th, 2019 by Saurenergy A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are tied , when it comes to sustaining the […] Read more
