CDF and IRENA Partner to Support Energy Transition in the Caribbean Updated On Mon, Oct 5th, 2020 by Saurenergy IRENA has signed an MoU with CDF to support a transition to a low carbon economic development model in the Caribbean Small Island Developing States (SIDS). The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the CARICOM Development Fund (CDF) to support a transition from fossil-fuel dependency to a more resilient […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
Share of Renewable Energy in India’s Energy mix now at 26%: CEA Updated On Mon, Oct 5th, 2020 by Saurenergy The share of renewable energy in India’s energy mix has increased from 23% to 26% in the April-August period this fiscal, CEA has confirmed. The share of renewable energy in India’s energy mix has increased from 23 percent to 26 percent in the April-August period this fiscal, a senior official at the Central Electricity Authority (CEA) […] Read more
Iberdrola Inaugurates Andévalo Solar Plant, Targets 3 GW Capacity in the Region by 2025 Updated On Sat, Oct 3rd, 2020 by Saurenergy Iberdrola has inaugurated the Andévalo solar plant, a ground-breaking facility that paves the way for a more sustainable energy and production model. Iberdrola has inaugurated the Andévalo solar photovoltaic plant, a ground-breaking facility that paves the way for a more sustainable energy and production model. Iberdrola Chairman, Ignacio Galán, accompanied by the president of the […] Read more
EDEN Renewables India Adds 1.35 GW of new Solar Plants to its Portfolio Updated On Thu, Oct 1st, 2020 by Saurenergy EDEN Renewables India, the equally owned JV of Total and EDF RE has been awarded three solar projects for a total of 1.35 GW in Rajasthan, India. EDF Renewables and Total Eren, two world leaders in renewable energy, have announced that EDEN Renewables India, their equally owned joint venture dedicated to the Indian solar PV […] Read more
Adani Green Energy Completes Acquisition of 205 MW Solar Assets From Essel Updated On Thu, Oct 1st, 2020 by Saurenergy Adani Green Energy has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited and Essel Infraprojects Limited. Adani Green Energy Limited (AGEL), the renewable energy business of the Adani Group, has announced that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private […] Read more
NITI Aayog, Dutch Embassy Sign SoI on ‘Decarbonisation and Energy Transition Agenda’ Updated On Thu, Oct 1st, 2020 by Saurenergy NITI Aayog and the Embassy of the Netherlands have signed an SoI to support the decarbonisation and energy transition agenda for cleaner and more energy. NITI Aayog and Embassy of the Netherlands, New Delhi, signed a Statement of Intent (SoI) on September 28, 2020, to support the decarbonisation and energy transition agenda for accommodating cleaner […] Read more
KEC Int’l Bags new Transmission & Distribution Orders Worth Rs 890 Crore Updated On Thu, Oct 1st, 2020 by Saurenergy KEC International has announced that its transmission and distribution (T&D) business has received new orders worth Rs 890 crore. KEC International Ltd, a global infrastructure Engineering, Procurement and Construction (EPC) major, an RPG Group Company, has announced that it has secured new orders of Rs 1,033 crore across its various businesses. The biggest share of […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
