Norway’s Norfund Commits Investment In Solar Energy Project in Rajasthan Updated On Tue, Aug 23rd, 2022 by Saurenergy The Norwegian Climate Investment Fund has said that it has entered into an agreement to take a 49% stake in a 420 MW solar power plant in Rajasthan, India, that is developed by Italy-based energy provider, Enel. With the investment, Norfund has within a short time put a total of NOK 1.8 billion to work […] Read more
August ALMM Brings 4 GW Fresh Capacity Along with 8 New Manufacturers Updated On Tue, Aug 23rd, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the ministry of new and renewable energy. The latest update lists 66 companies in total, including 8 new module manufacturers with a cumulative capacity of 3,976 MW. Overall capacity has risen to just over 18 GW now. Rajasthan Electronics […] Read more
India Added 1.9GW Of RE Open Access Capacity In FY22 Updated On Thu, Aug 18th, 2022 by Saurenergy The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […] Read more
Pakistan To Build 300 MW Solar Power Plant In Gwadar Instead Of Coal Based Plant Updated On Thu, Jul 28th, 2022 by Saurenergy The economic downturn and balance of payment crisis can have a noble effect. In Pakistan, the Power Division now wants to abandon the planned 300 MW coal power plant at port city of Gwadar and instead build a solar power plant of the same capacity in order to relieve itself from importing more coal. […] Read more
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] Read more
Can Green Ammonia Solve India’s Subsidies Woes? Updated On Fri, Jul 15th, 2022 by Saurenergy Ammonia is one of the two future fuels, the other being Hydrogen, envisaged to replace fossil fuels. On production of these fuels by using power from renewable energy, they are termed as green hydrogen and green ammonia. This is one of the major requirements towards environmentally sustainable energy security for India. Ammonia is a chemical […] Read more
IRENA Presents China 13-point Lay Out to Achieve Carbon Neutrality Through RE Updated On Tue, Jul 12th, 2022 by Saurenergy Intergovernmental organization International Renewable Energy Agency (IRENA) has shared with China a 13-point plan to help achieve the climate change commitments. As part of its strategic partnership, the report laid out the route and speed to China aiming for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. “China is the world’s […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog Updated On Fri, Jun 10th, 2022 by Saurenergy NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and measures for mitigating climate change. […] Read more
