EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project Updated On Tue, Jul 23rd, 2019 by Saurenergy The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […] Read more
GST Council to Decide on Tax Cut on EVs This Week Updated On Mon, Jul 22nd, 2019 by Saurenergy The GST Council will meet on July 25 and decide on lowering tax rates for EVs The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles (EVs), officials said. The 36th meeting of the Council, which will happen through video conferencing, is also […] Read more
Energy Horizons 2019: The Curtailment Issue Updated On Sat, Jul 20th, 2019 by Saurenergy On day 2 of Energy Horizons 2019, a session titled ‘Circumventing the Challenge of Grid Adoption” was actually a session about the challenge of curtailment of renewable power by Discoms. A topic so sensitive, that even calling it that is an issue, apparently. Thankfully, a healthy discussion did follow, although a solution was still elusive […] Read more
Report Projects India Will Exceed its Paris Agreement Target Updated On Sat, Jul 20th, 2019 by Saurenergy A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […] Read more
Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource Updated On Sat, Jul 20th, 2019 by Saurenergy Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […] Read more
IEA Chief Calls on RK Singh to Discuss Clean Energy Transition Updated On Sat, Jul 20th, 2019 by Saurenergy Dr. Fatih Birol, executive director of IEA called on R K Singh to discuss matters pertaining to the advancements in cleaner energy and transportation. Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA) called on R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) to discuss matters […] Read more
Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
Transmission Needs Rs 5 Lakh Cr Investment to Meet $5 Trn Economy’s Energy Needs Updated On Thu, Jul 18th, 2019 by Saurenergy According to the estimates, India will be consuming 1.8 trillion units by 2025 as the country’s growth trajectory accelerates, and this requires large investments in the transmission sector, particularly at the state level. In order to fulfill the Prime Minister Modi’s vision of a USD 5 trillion economy over the next few years, it will […] Read more
In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
