“ISA can act as a medium to achieve universal energy access target set up before 2030”- Shri Piyush Goyal Updated On Thu, May 25th, 2017 by Saurenergy Shri Piyush Goyal, Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy said that International Solar Alliance ( ISA) can act as a medium to spread lessons on energy security which can help achieve universal energy access target set up in SDGs before 2030. He was speaking at the launch of […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
Uttar Pradesh government to set up 750 MW solar power plant at Badhla, near Jodhpur: Report Updated On Mon, May 22nd, 2017 by Saurenergy The Uttar Pradesh government is targeting to generating solar power from the project from October 2018. Uttar Pradesh government is reportedly gearing up to set up 750 megawatt solar plant at Badhla, near Jodhpur. According to ET UP government will draw the power in the state from the transmission network of Power Grid Corporation of […] Read more
Solar Alliance Targets Massachusetts as First New Market under Crius Solar Origination Agreement Updated On Sat, May 20th, 2017 by Saurenergy “Solar Alliance’s core competency is sales and marketing. Partnering with Crius Solar allows us to maintain our high margins and reduce overhead costs associated with the installation process. We believe this model allows for aggressive growth while maintaining fiscal responsibility” Solar Alliance Energy Inc. signs Solar Origination Agreement with Crius Solar, LLC (“Crius Solar”), an […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
Andhra Pradesh Government Plans to Float Tenders for Two Pilot Battery-Backed Solar Power Projects Updated On Thu, May 18th, 2017 by Saurenergy Andhra Pradesh Chief Minister N Chandrababu Naidu has emphasized the need to tap and store the solar power in reducing power charges. With rapid growth in the solar power capacity and changes in the battery backup technologies, the Andhra Pradesh Government plans to float tenders for two solar parks to be taken up on a […] Read more