State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more
PFC Sanctions over Rs 1 Lakh Cr; Disburses Rs 68k Cr as Loan in FY20 Updated On Thu, Jun 25th, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has sanctioned loan amount of more than Rs 1 lakh crore during the financial year 2019-20. Further, it had disbursed about Rs 68,000 crore as loan, during FY20, including Rs 11,000 crore disbursed during the last week of March 2020, despite nationwide lockdown, said the non-banking financial […] Read more
R.K. Singh Demolishes ‘Canards’ Against Power Reforms At Presser Updated On Thu, Jun 25th, 2020 by Saurenergy At a virtual press conference today, Power Minister R.K. Singh launched a scathing broadside against what he described as the ‘canards’ being spread by vested interests to delay or block the passage of key power reforms, proposed in the upcoming Electricity (Amendment) Bill, 2020. Getting down to the theme straightaway, Mr Singh highlighted how India, […] Read more
10 Recommendations to Rapidly Boost Energy Efficiency Progress Worldwide Updated On Thu, Jun 25th, 2020 by Saurenergy The Global Commission for Urgent Action on Energy Efficiency has announced 10 recommendations to rapidly boost energy efficiency progress worldwide National leaders, key ministers, top business executives and other international figures part of the Global Commission for Urgent Action on Energy Efficiency have announced 10 recommendations to rapidly boost energy efficiency progress worldwide, highlighting benefits […] Read more
Volvo Partners With Plugsurfing to Offer EV Charging Services Across Europe Updated On Thu, Jun 25th, 2020 by Saurenergy Volvo Cars has joined hands with Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. Volvo Cars has joined hands with charging firm Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. With this partnership, drivers of fully electric Volvo Recharge models in Europe […] Read more
Amazon’s Carbon Footprint grows 15% With Active Green Pledges Updated On Thu, Jun 25th, 2020 by Saurenergy Amazon has announced that its carbon footprint rose 15 percent even as it launched several initiatives to reduce its harm on the environment. Global e-commerce major Amazon has announced that its carbon footprint rose 15 percent even as the firm launched several initiatives to reduce its harm on the environment. The firm revealed that it […] Read more
CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
Silicon Ranch Begins Work on 20 MW PV Project to Power FB Data Centre Updated On Wed, Jun 24th, 2020 by Saurenergy Silicon Ranch and PCL have begun construction on the 20 MW Odom Solar Farm, located near the city of Moultrie in Colquitt County, in Southwest Georgia. Silicon Ranch Corporation, one of the largest independent solar power producers in the US, and PCL Construction Services, one of the largest contractors in North America, have announced that […] Read more
Cleaner air During Lockdown Helped Delhi Generate More Solar Power: Study Updated On Wed, Jun 24th, 2020 by Saurenergy Reduction in air pollution in Delhi due to lockdown may have led to more sunlight reaching solar panels, resulting in the production of more clean energy. Based on data collected in Delhi, a team of researchers – majorly from at the Massachusetts Institute of Technology (MIT) in Boston – report that the reduction in air pollution […] Read more
