AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile Updated On Mon, Oct 19th, 2020 by Saurenergy AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […] Read more
Solar-led Renewables Sector Will Be A Top draw For Global Investors Updated On Sat, Oct 17th, 2020 by Saurenergy India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […] Read more
Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity Updated On Fri, Oct 16th, 2020 by Saurenergy Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […] 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
India and France Re-elected President & Co-President of ISA at 3rd Assembly Updated On Thu, Oct 15th, 2020 by Saurenergy At the Third Assembly of ISA, India and France were re-elected as the President and Co-President of the alliance for a term of two years. The Third Assembly of the International Solar Alliance (ISA), held virtually on October 14, 2020, was attended by 34 ISA member ministers, 53 member countries, and 5 signatory and prospective […] 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
Magenta Strengthens Executive Team With Scott Pharr As Advisor Updated On Tue, Oct 13th, 2020 by Saurenergy The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […] Read more
U.S. Off-Site Solar Installations Gather Pace Despite Pandemic Updated On Tue, Oct 13th, 2020 by Saurenergy A rapid growth in the U.S. off-site corporate solar projects are set to accelerate further with the covid-19 pandemic taking a large toll on onsite installations, according to a Solar Energy Industries Association (SEIA) report. Over the next three years, nearly 60% of all corporate capacity installed is expected to be off site. Since 2015, nearly […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more