IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition Updated On Thu, Dec 17th, 2020 by Saurenergy IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […] Read more
CCEA Approves RCE for North Eastern Region Power System Improvement Project Updated On Thu, Dec 17th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) has approved the Revised Cost Estimate (RCE) of the North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs.6,700 crore. This is a major step, towards the economic development of the North Eastern Region through the strengthening of Intra-State Transmission and Distribution systems. Announced […] Read more
Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital Updated On Thu, Dec 17th, 2020 by Saurenergy I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […] Read more
In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets Updated On Thu, Dec 17th, 2020 by Saurenergy NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more
Silicon Ranch Closes $225 Million Equity Raise with Existing Shareholders Updated On Wed, Dec 16th, 2020 by Saurenergy Silicon Ranch Corporation, the U.S. solar platform for Shell and one of the nation’s largest independent power producers, has closed an investment round that attracted $225 million in new equity capital. The round was funded entirely by existing Silicon Ranch shareholders, which include Shell and institutional investors TD Greystone Infrastructure Fund (Global Master) L.P., managed by TD […] Read more
Africa’s Largest Floating Solar of 250 MW In Ghana Starts First Section Updated On Wed, Dec 16th, 2020 by Saurenergy A 5 MW section has been connected to the grid at a floating solar plant on the reservoir of the Bui hydroelectric dam in Ghana. With this, the plant makes a small step towards its eventual goal for a 250 MW plant Linked to the transmission system of the 404 MW Bui hydropower dam, the […] Read more
China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
MoU Signed Between Banks and BEE for Power Efficiency Projects Updated On Wed, Dec 16th, 2020 by Saurenergy APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […] Read more