Environment Ministry Trims Lease Rent on Wind Projects Updated On Fri, Aug 23rd, 2019 by Saurenergy The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […] Read more
Nearly 73% of Germany’s Power Needs to be met by Renewables by 2030 Updated On Fri, Aug 23rd, 2019 by Saurenergy The share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by 2030 A new report has revealed that the share of renewables in Germany reached 53.4 percent of the country’s power capacity mix in 2018 and is expected to reach 72.7 percent by […] Read more
Cost of Renewables in China to Match Coal Power by 2026: Report Updated On Thu, Aug 22nd, 2019 by Saurenergy According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […] Read more
NTPC Tenders for Procurement of 100 MW Solar or Wind Power Updated On Thu, Aug 22nd, 2019 by Saurenergy NTPC Ltd has issued a tender for procurement of power from existing solar PV power plants and wind power plants up to a cumulative capacity of 100 MW State-owned power utility NTPC Ltd has issued a tender, inviting bids from eligible bidders for the procurement of power from existing solar PV power plants and wind […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Vattenfall to Build Hybrid Wind-Solar-Storage Project in Netherlands Updated On Tue, Aug 13th, 2019 by Saurenergy Vattenfall will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. Swedish state-owned power company, Vattenfall has announced that it will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. The total capacity […] Read more
IL&FS Proposes to NCLT Sale of Wind Assets to Orix Updated On Mon, Aug 12th, 2019 by Saurenergy ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […] Read more
Powergrid Bags Transmission Projects in Gujarat and Rajasthan Updated On Thu, Aug 8th, 2019 by Saurenergy Powergrid has been declared the successful bidders to establish transmission systems for two projects in Gujarat and Rajasthan. The Power Grid Corporation of India (Powergrid) has announced that it has been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan. The first Letter of […] Read more
Wind and Solar Energy Bring Extra Costs for Canadian Consumers: Report Updated On Wed, Jul 31st, 2019 by Saurenergy A new report claims that despite the rhetoric that renewable energy is cheap, wind and solar power often increase electricity costs for consumers A new report claims that despite the rhetoric that renewable energy is cheap, wind and solar power generation comes with large, yet often ignored costs that increase electricity costs for residents and […] Read more
