Investments in Climate Action Increasing, but not Fast Enough: Report Updated On Fri, Nov 8th, 2019 by Saurenergy A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
SECI Extends Deadlines for 2 More Solar Energy Tenders Updated On Thu, Nov 7th, 2019 by Saurenergy SECI has announced the extension in the bid submission deadline for two solar tenders, the 7 GW manufacturing linked and the 1.95 MW with BESS in Lakshadweep. The Solar Energy Corporation of India (SECI) has announced the extension in bid submission deadline for two tenders, the 7 GW manufacturing linked solar tender and the tender […] Read more
The Problem with Rooftop Solar. Discom View Updated On Thu, Nov 7th, 2019 by Saurenergy In the first of a two-part series based on the report, Solar Rooftop, The Discom Perspective, we bring to you the issues, and possible solutions (in part 2) proposed by discoms. The report has been released by TERI and the Shakti Sustainable Energy Foundation. Even as India’s renewable renaissance has stumbled in the past 18 […] Read more
ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
NTPC Working on Developing EV Charging Infrastructure Updated On Thu, Nov 7th, 2019 by Saurenergy NTPC is working on developing a strong and sustainable electric vehicle (EV) charging infrastructure India’s largest energy conglomerate NTPC is working on developing a strong and sustainable electric vehicle charging infrastructure as it believes that ultimately mobility through electric vehicles (EV) will help, a company official has said. While addressing the India Energy Summit in New Delhi, NTPC Executive […] Read more
Cabinet Gives its Approval for Renewable Pact Signed With Guinea Updated On Thu, Nov 7th, 2019 by Saurenergy The Union Cabinet has given its approval to a pact signed between India and Guinea in the field of renewable energy. The Union Cabinet on November 6, 2019, gave ex-post facto approval to a pact signed between India and Guinea in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has given approval for the MoU (memorandum of […] Read more
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
Installation of Additional Solar DC Capacity to be Left on Developers: MNRE Updated On Wed, Nov 6th, 2019 by Saurenergy MNRE has stated that as long as the solar plants are in accordance with the contracted AC capacity, installation of DC capacity should be left to developers In a decision that will come as a relief for solar power developers in the country, the Ministry of New and Renewable Energy (MNRE) has issued an advisory/clarification […] Read more
