Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
TransAlta Announces Commercial Operation of Alberta’s First Utility Scale Battery Storage Project Updated On Fri, Oct 16th, 2020 by Saurenergy TransAlta Renewables has announced that its 10 MW WindCharger battery storage project (WindCharger) began commercial operation on October 15, 2020. WindCharger is Alberta’s first utility-scale, lithium-ion energy storage project and utilizes Tesla Megapack technology. It has a nameplate capacity of 10 MW and total storage capacity of 20 MWh. This technology can be fully charged in approximately two hours […] Read more
Greenbacker Expands into California Power Optimization Sector with Stem Updated On Thu, Oct 15th, 2020 by Saurenergy Greenbacker Renewable Energy Company announced today that on September 30, 2020, through a wholly-owned subsidiary, it purchased the rights to Rodeo Energy Storage LLC, a 10 MW / 21.3 MWh portfolio of 20 behind-the-meter energy storage systems, which were developed and will be constructed and operated by Stem, Inc. (“Stem”), the global leader in artificial […] Read more
Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL Updated On Thu, Oct 15th, 2020 by Saurenergy Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more
NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry Updated On Wed, Oct 7th, 2020 by Saurenergy Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […] Read more
Andritz to Supply Equipment for Greenko’s 1200 MW Pumped Storage Project Updated On Tue, Oct 6th, 2020 by Saurenergy Andritz has received a contract from Greenko for the supply of electro-mechanical equipment for the 1200 MW Pinnapuram pumped storage plant in Andhra Pradesh. Australia-based international technology group Andritz has announced that it has received a contract from Greenko Energy Private Limited, an independent Indian power producer (IPP), for the supply of electro-mechanical equipment for […] Read more
