Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit Updated On Wed, Jun 9th, 2021 by Saurenergy Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […] Read more
Charles River & Duke Energy sign VPPA for 250 MW Solar project in Texas Updated On Tue, Jun 8th, 2021 by Saurenergy Charles River Laboratories International, Inc. yesterday announced a long-term solar energy contract to address the entirety of the company’s North American electric power requirements with clean, renewable energy by 2023. Charles River and Duke Energy Sustainable Solutions have entered into a 15-year, 102 megawatt (MW) virtual power purchase agreement (VPPA). Charles River’s portion of the […] Read more
Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
Scatec Partners With ACME For 900 MW Solar Plant in India Updated On Thu, Jun 3rd, 2021 by Saurenergy Norway headquartered renewable power producer and supplier, Scatec has today announced its partnership with an Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan, India. This solar power project includes a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) secured in a tender in 2018. Scatec […] Read more
BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
GE Energy & Glosten Build a 12 MW Floating Offshore Wind Turbine Updated On Fri, May 28th, 2021 by Saurenergy Researchers working at California-based GE Renewable Energy, one of the world’s leading wind turbine suppliers, recently unveiled details of an ongoing two-year, $4 MM project to develop advanced technology to support a 12 MW floating offshore wind turbine. For this project, which comes under the ARPA-E’s ATLANTIS (Aerodynamic Turbines Lighter and Afloat with Nautical Technologies and […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
Punjab Tender For 5 MW Rooftop Solar Plants on Government Buildings Updated On Wed, May 26th, 2021 by Saurenergy The Punjab Energy Development Agency (PEDA) has released an e-tender for 5 MW of grid-connected rooftop solar PV plants on government buildings anywhere in Chandigarh and the state of Punjab. The scope of work includes Approval of Rates for Design, Engineering, Supply, installation, commissioning, and testing along with the maintenance for 5 coming years of […] Read more
