Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
MNRE Warns Against Fraudulent Websites for PM-KUSUM Scheme Updated On Thu, Jun 4th, 2020 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued a precautionary warning for people against fraudulent websites claiming to be registration portals for Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Scheme. The Ministry said that “it has recently noticed that few new websites have cropped up as registration portal for Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
BCD Status. Only Quantum The Issue Updated On Thu, Jun 4th, 2020 by Saurenergy In what is now becoming the most common way to pick up views of the ministry, yet another Webinar, Amitesh Kumar Sinha, Joint Secretary in the Ministry of New and Renewable Energy has clarified yesterday that a decision will be taken on Basic Customs Duty, and soon. The issue is, in some way, a foregone […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
Water Scarcity Driving Smarter Solutions in Solar Projects Updated On Wed, Jun 3rd, 2020 by Saurenergy India is a country that is developing rapidly and with this growth comes an increasing demand for water. Although India is well endowed with strong natural river systems, water scarcity is becoming a serious issue in the country. With higher demand for electricity, traditional sources of energy have become a liability not just due to […] Read more
Goldwind Secures 50 MW Wind Turbines Order in Pakistan Updated On Wed, Jun 3rd, 2020 by Saurenergy Goldwind has secured a new wind turbines supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for the ACTII project in Pakistan. Chinese multinational wind turbine manufacturer, Goldwind has announced that it has secured a new wind turbines supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for ACTII […] Read more
Bright Canyon Energy’s Solar + Storage Project in Seeking Final Approvals in Hawaii Updated On Wed, Jun 3rd, 2020 by Saurenergy Bright Canyon Energy is in the final award group for HECO’s initiative to bring its solar plus storage project to Hawaii. Bright Canyon Energy has announced it is in the final award group for Hawaiian Electric Company’s (HECO) initiative to bring a cleaner energy supply to Hawaii. The firm’s Kūpono Solar plus storage project, located […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
