Winning Bids at Rs 2.20/kWh in First Solar Auction After BCD Announcements Updated On Tue, Mar 23rd, 2021 by Saurenergy The very first solar auction after the Basic Customs Duty announcement on cells & modules has fetched a winning bid of Rs 2.20/kWh in Gujarat. The very first solar auction conducted after the announcement made by the Ministry of New and Renewable Energy (MNRE) of the Basic Customs Duty on Solar Cells and Modules from […] Read more
India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
China’s Green Ambitions can Complement Energy Security and Economic Goals: WoodMac Updated On Mon, Mar 22nd, 2021 by Saurenergy Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals. Faced with a fractured global trading system, China’s leadership has responded with ‘dual circulation’, an economic manifesto focusing on more secure supply chains, growing the domestic market and improving export competitiveness. At the same […] Read more
MNRE Urgently Needs Strategic Plan to Achieve 100 GW Solar Target: SCOE Updated On Mon, Mar 22nd, 2021 by Saurenergy The SCOE has recommended MNRE to speedily work out a strategic plan to achieve the target of 100 GW solar energy within the deadline of 2022 The Standing Committee on Energy (SCOE) recently presented its 17th report on ‘Action Plan for the achievement of 175 Gigawatt (GW) Renewable Energy Target’, relating to the Ministry of […] Read more
BHEL Exploring Opportunities in Manufacturing in Solar PV Value Chain Updated On Sat, Mar 20th, 2021 by Saurenergy BHEL has invited bids from reputed consultancy firms to prepare a Detailed Project Report (DPR) for manufacturing in the solar PV value chain India’s largest engineering and manufacturing enterprise in the energy and infrastructure sector, Bharat Heavy Electricals Limited (BHEL) has invited bids to appoint a consulting firm with a proven track record and requisite […] Read more
TCIL Seeking Partners for Solar Projects in 5 GW CPSU Tender by IREDA Updated On Fri, Mar 19th, 2021 by Saurenergy TCIL is seeking a partner to bid and develop solar projects under the 5 GW CPSU solar tender issued by IREDA. Telecommunications Consultants India Limited (TCIL) has issued an Expression of Interest (EOI), seeking bids from eligible firms for the selection of a partner for setting up grid-connected solar PV power projects in India under […] Read more
USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar Updated On Fri, Mar 19th, 2021 by Saurenergy USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […] Read more
Adani Green Raises $1.35 Bn for 1.69 GW of Solar, Wind Assets in Rajasthan Updated On Thu, Mar 18th, 2021 by Saurenergy Adani Green Energy has successfully raised USD 1.35 billion to initially finance a 1.69 GW portfolio of solar and wind projects in Rajasthan. Adani Green Energy Limited (AGEL) has announced that it has successfully raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of […] Read more
Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy Updated On Thu, Mar 18th, 2021 by Saurenergy Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […] Read more