Renewable Investments In Africa Need To Grow 5 Times: Report Updated On Tue, Feb 13th, 2024 by Saurenergy A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […] Read more
US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL Updated On Tue, Feb 13th, 2024 by Saurenergy NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […] Read more
India Sees Registration Of 36.68L Electric Vehicles, Says Govt Updated On Tue, Feb 13th, 2024 by Saurenergy Union Minister of Road, Transport and Highway Nitin Gadkari recently shared data on the plans to substitute fossil fuel vehicles with Electric Vehicles (EVs) and also shared the number of EV two-wheelers, four-wheelers, goods transport vehicles and passenger vehicles plying on the roads, as on till date. In a written reply to the parliament, the […] Read more
Jakson Solar, Credit Fair Tie Up To Boost Rooftop Solar Financing Updated On Tue, Feb 13th, 2024 by Saurenergy Credit Fair, a consumer lending fintech startup, has established a partnership with Jakson Solar, a part of the Jakson Group, a leading energy and infrastructure solutions company headquartered in Noida. The partnership has been planned to offer affordable solar equipment financing options to individuals, MSMEs, trust institutions and housing societies to install clean energy systems. […] Read more
JSW Energy Crosses 10 GW Locked-In Capacity With 500 MW LOA From SECI Updated On Tue, Feb 13th, 2024 by Saurenergy JSW Neo Energy Limited or JSW Neo, a wholly owned subsidiary of JSW Energy Limited, recently announced that it received a Letter of Award (LoA) for 500 MW wind capacity from Solar Energy Corporation of India Limited (SECI) JSW received this award against tariff based competitive bid invited for setting up of 1,350 MW ISTS-connected […] Read more
Indian Railways Liable To Pay Cross Subsidy Charges Under Open Access, Declares APTEL Updated On Tue, Feb 13th, 2024 by Saurenergy In a 387 page judgement on the liability of the Indian Railways to pay cross subsidy charges, involving multiple (8) appeals from discoms across the country, the Appellate Tribunal For Electricity (APTEL) has ruled in favour of the discoms. The crux of the dispute, in the batch of appeals, was whether Indian Railways is a […] Read more
Aptel Nod For CERC Jurisdiction In Case Between AP Discoms, SECI and Others Updated On Tue, Feb 13th, 2024 by Saurenergy In an interesting order, the Appellate Tribunal for Electricity (APTEL), has ruled on a dispute between the Andhra Pradesh discoms (Southern Power Distribution Company of Andhra Pradesh and Eastern Power Distribution Company of Andhra Pradesh) and the Central Electricity Regulatory Commission (CERC). The case involved a claim by SECI for GST compensation from the discoms, […] Read more
Puducherry Invites Bids For 225 MW Rooftop Solar Projects Updated On Mon, Feb 12th, 2024 by Saurenergy The electricity department of Puducherry has invited bids for supplying material for the 225 MW solar project. The bid is regarding establishing fixed rates for the design, supply, erection, testing, and commissioning of grid-connected rooftop solar power projects across various capacities for residential buildings. According to the tender notice, the due date for submission of […] Read more
Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh Updated On Mon, Feb 12th, 2024 by Saurenergy The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.” India […] Read more
