New York Sets Ambitious Energy Efficiency Targets Updated On Sat, Dec 15th, 2018 by Saurenergy The new energy efficiency target for investor-owned utilities will more than double utility energy efficiency progress by 2025. In order to Meet New York’s Clean Energy Goals, Governor Andrew M. Cuomo today announced two initiatives to dramatically increase New York’s energy efficiency and energy storage targets to combat climate change. The new energy efficiency target […] Read more
Interview with Abhijeet Gupta, Director at Radite Energy Updated On Fri, Dec 7th, 2018 by Saurenergy Radite Energy – a fastest growing EPC company in the field of solar ground based projects, rooftop solar projects, boundary fencing, telecom towers, electric vehicle charging infrastructure and also in the other services like operation and maintenance, equipment hiring and manpower hiring. In an exclusive interview with Saur Energy International during the 12th Edition of […] Read more
Cabinet Okays Energy Efficiency MoU Between India, France Updated On Fri, Dec 7th, 2018 by Saurenergy Further, this MoU between the two countries is expected to take forward information exchange on policies, programmes and technologies relating to enhanced energy efficiency and demand side management. The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of Memorandum of Understanding (MoU) between India and France in the field of energy efficiency […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore Updated On Thu, Nov 29th, 2018 by Saurenergy This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […] Read more
Metro Station of the Aqua Line to be Fully Powered by Solar Energy Updated On Fri, Nov 16th, 2018 by Saurenergy Solar panels will be installed over all 21 stations falling on that line, including the parking area and boundary walls. Being the latest addition to the metro network, station on the ‘Aqua line’, connecting Greater-Noida to Noida will be powered by solar energy. The total energy generation from all the station will be 10MW. Solar […] Read more
Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter Updated On Thu, Nov 15th, 2018 by Saurenergy However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […] Read more
Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL Updated On Wed, Nov 14th, 2018 by Saurenergy Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […] Read more
