MNRE Waives off Hard Copy Requirement for RE Project Invoices Updated On Fri, May 14th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) released a notification yesterday, stating that for RE projects which were scheduled to be implemented April 1, 2021, onwards, the requirement of submitting physical hard copies has been waived off and the implementing agencies have been directed to accept soft copies of invoices. The notification is meant as […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Brookfield Renewable Announces Strong First Quarter Results Updated On Wed, May 5th, 2021 by Saurenergy Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […] Read more
Infrastructure and Energy Alternatives, Inc. Awarded $50 Million Wind Construction Contract in Iowa Updated On Wed, Apr 28th, 2021 by Saurenergy Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded the Plymouth Wind Energy Center contract valued at approximately $50 million. Invenergy, a leading privately-held global developer, owner, and operator of sustainable energy solutions, […] Read more
RWE’s Panther Creek III Wind Farm Undergoes Repower Updated On Tue, Apr 27th, 2021 by Saurenergy Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: “Repowering Panther Creek III allows us to increase our earnings for this site. In addition, we are able to capture up-to-date turbine efficiency improvements, extending the lifetime of this facility. Panther Creek III has been an excellent performer for us in the past and […] Read more
Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider Updated On Thu, Apr 22nd, 2021 by Saurenergy Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […] Read more
Batteries Better Than Gas at Meeting Australia’s Future Peaking Needs Updated On Thu, Apr 15th, 2021 by Saurenergy In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in […] Read more
EVLO to Deploy a 20-MWh Battery Storage System During Transmission Work Updated On Wed, Apr 14th, 2021 by Saurenergy EVLO Energy Storage Inc. announced today that it will deploy a 4-MW / 20-MWh battery energy storage system on the Hydro-Québec grid based on the lithium iron phosphate (LFP) battery technology. The system will be deployed in the municipality of Parent as part of the work being carried out on a transmission line and will supply the […] Read more