JSW Group, Adani Contribute Rs 100 Cr Each to Fight Coronavirus Pandemic Updated On Mon, Mar 30th, 2020 by Saurenergy The JSW Group and the Adani Foundation have pledged to contribute Rs 100 crore each to the PM-CARES Fund to combat the Coronavirus Outbreak (COVID-19). The JSW Group and the Adani Foundation, both key firms’ in India’s energy and specifically renewable energy sector have pledged to contribute Rs 100 crore each to the Prime Minister’s […] Read more
California Doubles its Clean Energy Targets for 2030 Updated On Fri, Mar 27th, 2020 by Saurenergy With an aim to reduce carbon footprints and increase the share of renewable energy in the total energy mix, the California Public Utilities Commission (CPUC) on Thursday has adopted a new target for the electric sector that would more than double the state’s clean energy capacity installation by 2030. However, one of the green group […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco Updated On Thu, Mar 26th, 2020 by Saurenergy Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […] Read more
India’s RE Generation Capacity Sees 72% Growth in 6 Years: RK Singh Updated On Wed, Mar 25th, 2020 by Saurenergy The installed capacity of renewable energy generation in the country has grown 72% from 80 GW to 138.9 GW during the past six years, according to RK Singh. The installed capacity of renewable energy generation in the country has grown 72 percent from 80 gigawatts (GW) to 138.9 GW during the past six years, according […] Read more
Lithuania Gets its Unique Remote Solar Consumer Model Updated On Tue, Mar 24th, 2020 by Saurenergy In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […] Read more
Total Enters Floating Offshore Wind With 96 MW Project in UK Updated On Fri, Mar 20th, 2020 by Saurenergy The Total Group has signed an agreement with Simply Blue Energy to acquire 80 percent stake in the 96 MW floating offshore wind project in Wales The Total Group has announced that it has signed an agreement with the developer Simply Blue Energy to acquire an 80 percent stake in the pioneering floating wind project […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more
