Indonesia Inks JETP Deal for $20 Billion Investment in Renewables at G-20 Updated On Thu, Nov 17th, 2022 by Saurenergy At the mega meet of the G-20 countries in Bali, host Indonesia has inked deals with major countries and international institutions to attract some $20 billion to help the Southeast Asian country increase the use of renewable energy and reduce reliance on coal. The agreement is called ‘Just Energy Transition Partnership,’ or JETP that will […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
RUMSL Floats Consultancy Tender for Morena Hybrid Project Updated On Wed, Nov 16th, 2022 by Saurenergy Rewa Ultra Mega Solar (RUMSL) has floated a consultancy tender for preparing a detailed project report (DPR) to develop the Morena wind-solar hybrid project with energy storage in Madhya Pradesh. RUMSL is a partnership between Madhya Pradesh Urja Vikas Nigam and the Solar Energy Corporation of India (SECI) to build solar parks throughout the state. […] Read more
A South American Success Story In Renewables – Chile Updated On Wed, Nov 16th, 2022 by Saurenergy South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […] Read more
New Commitments for ETAF at COP 27; Developing Countries to Benefit Updated On Tue, Nov 15th, 2022 by Saurenergy In a key development to bolster renewables, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed […] Read more
NIWE Floats RFS for 4 GW of Offshore Wind Projects Off Tamil Nadu Coast Updated On Tue, Nov 15th, 2022 by Saurenergy The National Institute of Wind Energy (NIWE) has invited the request for the selection of a 4000 MW / 4 GW of offshore wind power project off the coast of Tamil Nadu through International Competitive Bidding. With this, the long awaited offshore wind segment finally moves ahead in India, although the target of 5 GW […] Read more
Sun Cable, Indonesian Govt Sign MoU To Unlock $150 Billion In Renewable Potential Updated On Tue, Nov 15th, 2022 by Saurenergy Australian solar and storage developer Sun Cable, which has been in the limelight for its massive plans to export renewable power generated in Australia to Singapore through a trans ocean power line, has entered into an MoU with the Indonesian government now, to unlock more than $150 billion in green industry growth in the archipelago. […] Read more
Mexico Targets Greater Cuts in Emissions, Expansion in Renewables Updated On Tue, Nov 15th, 2022 by Saurenergy The COP27 is motivating governments across the world to declare higher environmental goals; most of the time accompanied by expansion in renewables to decarbonise their economies. In a fresh case, Mexico has announced that it will raise its target for cutting greenhouse gas (GHG) emissions and also provide much boost to the rollout of renewable […] Read more
Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments Updated On Mon, Nov 14th, 2022 by Saurenergy AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […] Read more
