Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW Updated On Wed, Oct 21st, 2020 by Saurenergy The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […] Read more
More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study Updated On Wed, Oct 21st, 2020 by Saurenergy If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […] Read more
India’s RE Capacity at 89.22 GW, 436 MW Added in September: MNRE Updated On Tue, Oct 20th, 2020 by Saurenergy MNRE has informed in its monthly summary that India’s total installed RE capacity reached 89.22 GW by the end of September 2020. The Ministry of New and Renewable Energy (MNRE) has informed that India’s total installed renewable energy (RE) capacity has reached 89.22 GW by the end of September 2020. The information was issued in […] Read more
EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio Updated On Mon, Oct 19th, 2020 by Saurenergy EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […] Read more
Ashwani Kumar Appointed Group CEO of Suzlon Group Updated On Mon, Oct 19th, 2020 by Saurenergy Suzlon Group, one of India’s largest renewable energy solutions provider, has announced that it has appointed Ashwani Kumar as its Group CEO. Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “I am delighted that Ashwani Kumar is joining the Suzlon family. He brings with him a rich experience in the power and infrastructure sectors […] Read more
Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage Updated On Sat, Oct 17th, 2020 by Saurenergy Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL Updated On Thu, Oct 15th, 2020 by Saurenergy Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more
