RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report Updated On Thu, Jan 28th, 2021 by Saurenergy A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […] Read more
Spain Continues Solar Resurgence With 2 GW Allocations At Auctions Updated On Thu, Jan 28th, 2021 by Saurenergy At an average price of Rs 2.16/KwH and a lowest of Rs 1.31/KwH, solar prices continue to drive out wind energy from renewable auctions. Spain, which has had a solar boom of sorts ever since its first large 3 GW auction in 2017, has delivered yet another boost to solar capacity growth in the second […] Read more
Pharma Major Cipla Establishes 30 MW Captive Solar Plant Updated On Thu, Jan 28th, 2021 by Saurenergy Cipla Limited, a leading pharma firm announced the start of a 30 MW solar plant project at Tuljapur, Maharashtra. The plant will support its production facilities and reduce emissions linked to energy commission there. The 30 MW project, built in partnership with APM Energy India, is spread over 115 acres, The project will benefit the company’s […] Read more
EDEN Renewables India Closes 165 Mn Loan for 450 MW Solar PV Project Updated On Wed, Jan 27th, 2021 by Saurenergy EDEN Renewables India (EDEN), a joint venture of two world leaders in renewable energy Total Eren and EDF Renouvelables, has secured a financial close for its 450 MW solar PV project which it won in a Solar Energy Corporation of India (SECI-III) auction, with a group of three major international banks. The SECI III project […] Read more
NextEra Energy to Pursue Electrification of School & Public Transportation in US & Canada Updated On Wed, Jan 27th, 2021 by Saurenergy NextEra Energy to pursue the electrification of tens of thousands of school and public transportation vehicles across the US and Canada. NextEra Energy, the world’s largest generator of renewable energy from wind and solar resources, has announced that to has entered into a framework agreement with First Student and First Transit to establish a joint […] Read more
Siemens Gamesa 5.X Platform Picks up Speed with 81 MW Move into Finland Updated On Sat, Jan 23rd, 2021 by Saurenergy Siemens Gamesa has struck an 81 MW deal with long-term customer Suomen Hyötytuuli Oy to supply its most powerful onshore wind turbine, the SG 5.8-155 model, marking a first take up of this new technology in Finland. In total, 14 turbines with a 155-meter rotor will be supplied to the Alajoki-Peuralinna site in central Finland, […] Read more
European Renewable PPA Market Could Exceed 10 GW in 2021: Report Updated On Fri, Jan 22nd, 2021 by Saurenergy The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Cabinet Approves MoU Between India and Uzbekistan for Cooperation in Solar Energy Updated On Thu, Jan 21st, 2021 by Saurenergy The Union Cabinet has approved the MoU between India and Uzbekistan for cooperation in the field of Solar Energy. The Union Cabinet, chaired by Prime Minister Narendra Modi was apprised of the signing of Memorandum of Understanding (MoU) between India and Uzbekistan for cooperation in the field of Solar Energy. The main area of work under […] Read more