Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis Updated On Tue, Jul 28th, 2020 by Saurenergy The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […] Read more
MNRE Issued Guidelines for Procurement of Round The Clock Power Updated On Mon, Jul 27th, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of Round The Clock power from renewable energy power projects, complemented with thermal power projects. The Ministry of New and Renewable Energy (MNRE) has issued the guidelines for the tariff-based competitive bidding process for the procurement of Round The Clock power from grid-connected renewable energy power projects, […] Read more
EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus Updated On Fri, Jul 24th, 2020 by Saurenergy In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […] Read more
Renewables Trump Fossil Fuels in Europe for H1 2020: Report Updated On Thu, Jul 23rd, 2020 by Saurenergy In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources – wind, solar and bioenergy – generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the […] Read more
China Solar Manufactures up 15.7% in Jan-June 2020, says CPIA Updated On Wed, Jul 22nd, 2020 by Saurenergy The China Photovoltaic Solar Association (CPIA), an industry body of solar manufacturers in the country, has announced that manufacturers in the country churned out 15.7 percent higher production of solar panels, at 59 GW in the first six months of this year. That would seem to indicate that the effects of the Coronavirus have been […] Read more
RK Singh Confident India Will Have 450 GW RE by 2030 Updated On Wed, Jul 22nd, 2020 by Saurenergy India will have around 60% of its installed electricity generation capacity from clean sources by 2030 reaching 450 GW RE capacity, RK Singh has said. India will have around 60 percent of its installed electricity generation capacity from clean energy sources by 2030, Power and New & Renewable Energy Minister R K Singh has said. The […] Read more
Brookfield Renewable Announces 1200 MW Solar Project in Brazil Updated On Tue, Jul 21st, 2020 by Saurenergy Brookfield Renewable Partners has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil Brookfield Renewable Partners, alongside its institutional partners, has announced that it has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil, which will be targeted for completion in […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more
One Sun, One World, One Grid Brings Opportunities and Challenges: IEEFA Updated On Tue, Jul 21st, 2020 by Saurenergy Indian Prime Minister Narendra Modi floated the idea of cross-border solar connectivity in October 2019. It was taken up by the Ministry of New and Renewable Energy (MNRE) and India is now pursuing a new vision of ‘One Sun One World One Grid’ (OSOWOG). It looks ambitious, but if structured well could change the way […] Read more