Turkey Reaches 10 GW Wind Energy Milestone: WindEurope Updated On Mon, Sep 13th, 2021 by Saurenergy Turkey reached 10 GW of wind energy installations, a significant achievement for the country, according to WindEurope. It means that Turkey managed to increase its wind energy capacity tenfold over the last 10 years. Over that period, Turkey has seen considerable diversification of its energy mix, in particular through the expansion of renewable generation capacity. […] Read more
Saudi Arabia Gets Serious About Solar to Meet National, Youth Aspirations Updated On Mon, Sep 13th, 2021 by Saurenergy Saudi Arabia is on a tight deadline. The kingdom has set itself some of the most ambitious economic and social targets in the region, with an aim to revamp its economy completely. Underpinning this drive for change is its youth population, now better equipped than ever to contribute productively. Not only does the kingdom want […] Read more
577 MW of Solar Projects Approved For Mumbai By Maharashtra Cabinet Updated On Thu, Sep 9th, 2021 by Saurenergy The Maharashtra state cabinet on September 8 cleared two solar power projects to be set up by Maharashtra State Power Generation Corporation ltd (Mahagenco) for supplying power to capital Mumbai. The two projects, of 187 Megawatt (MW) and 390 MW capacity respectively, are expected to be completed by 2023. Impetus for the approval came from […] Read more
IREDA Releases List of Tentative Bidders for 5 GW CPSU Scheme Updated On Mon, Sep 6th, 2021 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA), the agency appointed by Ministry of New & Renewable Energy (MNRE) for the implementation of the CPSU Scheme Phase II, has released a tentative list of bidders for building 5000 MW capacity of renewable energy. Under the Central Public Sector Undertaking (CPSU) scheme phase-II, 12,000 MW grid-connected […] Read more
India to Increase Incentives for EV and H2-powered Car Makers Updated On Mon, Sep 6th, 2021 by Saurenergy India has revised its proposed $8 billion scheme for the auto sector which will now focus on providing incentives to companies to build electric and hydrogen fuel-powered vehicles, according to recent media reports. This is a significant shift from the government’s original plan to incentivise auto and auto part maker to build mainly gasoline vehicles […] Read more
Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea Updated On Thu, Sep 2nd, 2021 by Saurenergy Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […] Read more
Developing Energy Storage Key for India’s Decarbonisation, finds Study Updated On Thu, Sep 2nd, 2021 by Saurenergy In order to achieve its target of 450 GW of wind and solar by 2030, India’s wind and solar capacity must grow 20% year-over-year between 2022 and 2030. Developing energy storage is a key avenue for increasing India’s power system flexibility and the share of renewables and ultimately enabling India’s decarbonisation, finds a new study by the […] Read more
Cheaper Land On Agenda For US Admin For Solar and Wind Projects Updated On Thu, Sep 2nd, 2021 by Saurenergy Cheaper access to land for solar and wind projects has become a key tool for the US administration of President Joe Biden to drive growth in solar and wind capacity. With renewable energy a key pillar of the ‘green new deal’ to reduce emissions and decarbonise the US economy, the issues assumes significance at a […] Read more
Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction Updated On Thu, Sep 2nd, 2021 by Saurenergy The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […] Read more
