Sustenance of US Coalfield Communities Hinges on Extension of Solar Tax Credit: Report Updated On Thu, May 2nd, 2019 by Saurenergy The note also adds that the issue is not restricted only to tribal lands. Many coalfield communities nationally are also struggling as coal plants and mines are retired or shut down. The federal solar tax credit should be extended by at least four years in coalfield areas, like the ones around the Navajo Generating Station […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
India’s Renewable Push On Track Despite 2018/19 Blip Updated On Fri, Apr 26th, 2019 by Saurenergy IEEFA’s briefing note, India’s electricity sector transition still on track despite a weak FY2018/19, projects renewable additions through 2021/22 based on the auction and tender activities during the past 18 months. The 2018-19 financial year turned out to be a sluggish year for both the renewable as well as thermal sectors in India in terms of increased […] Read more
South Korea Steps Away From Coal and Towards Renewables Updated On Thu, Apr 25th, 2019 by Saurenergy The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […] Read more
Tata Power’s Renewable Arm to Sell 32MW Wind Assets in Maharashtra Updated On Wed, Apr 24th, 2019 by Saurenergy However, the company did not disclose the buyer of these assets. With an aim to optimize operating costs, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, has entered into a pact to sell its 32 MW operating wind assets in Maharashtra. India’s one of the leading integrated power company […] Read more
Tata Power Shifts Complete Focus to Renewable Energy, to Cease Building New Coal Plants: Report Updated On Wed, Apr 24th, 2019 by Saurenergy Utility ceases new coal-fired power development, creates a future based on renewables. One of the country’s largest private integrated power company, Tata Power has recently made it publicly clear that it will cease building new coal-fired capacity, according to a report released by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Tata Power: […] Read more
Discoms trip up India’s Move to Power-Surplus with Peak Deficit at 0.8% in 2018-19 Updated On Mon, Apr 22nd, 2019 by Saurenergy India missed its target of becoming a power-surplus nation after its peak power deficit stood at 0.8 percent and the overall energy deficit remained 0.6 percent for the financial year 2018-19. In its Load Generation Balancing Report (LGBR) for the fiscal year, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 percent and […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
India Set to Join China as Global Leaders in Renewables, says Report Updated On Tue, May 22nd, 2018 by Saurenergy According to US based research institute, India’s “scheme for development of solar parks is becoming a successful model to attract foreign capital.” Furthermore, the report added the “Solar is Driving a Global Shift in Electricity Markets.” Much like China, India is poised to become global giant in renewable energy technology-led transformation thus making them two […] Read more
