27 Countries Pledge $9.776 bn to Replenish the Green Climate Fund Updated On Mon, Oct 28th, 2019 by Saurenergy 27 countries have pledged to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four years, with more contributions expected The shared urgency of addressing climate change took a big step forward with 27 countries pledging to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
IIT Patna Tenders for Electric Cycles on Campus Updated On Fri, Oct 25th, 2019 by Saurenergy IIT Patna has issued an Expression of Interest (EoI) for procuring electric battery power cycles on use and pay basis on the campus. The Indian Institute of Technology (IIT) Patna has issued an Expression of Interest (EoI) for procuring electric battery power cycles on use and pay basis on the campus. The scope of work […] Read more
China Playing Catch-up in Offshore Wind Technology: GWEC Updated On Fri, Oct 25th, 2019 by Saurenergy A new analysis has revealed that while China is dominating in the supply of offshore turbines, it is still playing catch-up in terms of technology In 2018, 11 manufacturers installed 735 units of offshore wind turbines globally, totalling 3,693 MW of capacity, and six out of these top ten suppliers are from China. The firms […] Read more
EDP Renewables Gets PPA for 490 MW in Colombia Auctions Updated On Fri, Oct 25th, 2019 by Saurenergy EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […] Read more
STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn Updated On Thu, Oct 24th, 2019 by Saurenergy For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
Storage Subsidies. With or Without Renewables? Updated On Thu, Oct 24th, 2019 by Saurenergy The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […] Read more
New York Finalises Contracts for 1700 MW Offshore Wind Projects Updated On Thu, Oct 24th, 2019 by Saurenergy NYSERDA has finalised contracts with Equinor and Sunrise Wind (Ørtsed and Eversource) to deliver 1700 MW of offshore wind energy to New York. Governor of New York, Andrew M. Cuomo has announced that the New York State Energy Research and Development Authority (NYSERDA) has finalised contracts with Equinor Wind US for its 816 MW – […] Read more
