EESL to Host Inspire 2019, With Focus on Energy Security and Sustainability Updated On Thu, Nov 7th, 2019 by Saurenergy In a bid to foster a conducive ecosystem for sustainable energy through innovation, EESL will host INSPIRE 2019 from November 11 to 12, 2019, in Mumbai. In a bid to foster a conducive ecosystem for sustainable energy through innovation, Energy Efficiency Services Limited (EESL) a joint-venture of PSUs under the Ministry of Power, Government of […] Read more
Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
CCI Approves Abu Dhabi Future Energy Stake Buy in Hero Future Energies Updated On Thu, Oct 31st, 2019 by Saurenergy CCI has given its nod under the green channel route to Masdar for acquiring an equity stake in Hero Future Energies The Competition Commission of India (CCI) has given its nod under the green channel route to Abu Dhabi Future Energy Company (Masdar) for acquiring an equity stake in Hero Future Energies Global Ltd. Besides, […] Read more
India, Saudi Arabia ink Renewable Energy Agreement Updated On Wed, Oct 30th, 2019 by Saurenergy India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, and civil aviation. India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, defence industries collaboration, and civil aviation. The agreements were signed in the presence of Prime Minister Narendra […] Read more
US DOE Grants $28 Million For Wind Energy R&D Updated On Fri, Oct 25th, 2019 by Saurenergy The US DOE has announced the selection of 13 projects to receive a total of USD 28 million to advance R&D in wind energy nationwide. The US Department of Energy (DOE) has announced the selection of 13 projects to receive a total of USD 28 million to advance research and development (R&D) in wind energy […] Read more
Wind & Solar With Storage to Ease Energy Transition in Australia Updated On Wed, Oct 23rd, 2019 by Saurenergy Growth of renewables has changed the market dynamics of the electricity system in Australia, and stakeholders now prefer Battery storage-backed wind and solar farms The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand for power in the country […] Read more
Commonwealth of Virginia to Purchase 420 MW Renewable Energy Updated On Sat, Oct 19th, 2019 by Saurenergy State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […] Read more
Wells Fargo Enters its Largest Solar Energy Deal Updated On Fri, Oct 18th, 2019 by Saurenergy Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […] Read more