‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets Updated On Fri, Mar 13th, 2020 by Saurenergy A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry […] Read more
Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years Updated On Thu, Mar 12th, 2020 by Saurenergy Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […] Read more
US Energy Storage Market Sets Power Capacity Record in Q4 2019 Updated On Wed, Mar 11th, 2020 by Saurenergy The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […] Read more
Canadian Solar Sets 23.81% World Record Efficiency for Silicon Solar Cell Updated On Mon, Mar 9th, 2020 by Saurenergy Canadian Solar has announced it has set a world record of 23.81% conversion efficiency for n-type large area multi-crystalline silicon solar cell. Canadian Solar, one of the world’s largest solar power companies, has announced its technology team set a world record of 23.81 percent conversion efficiency for n-type large area multi-crystalline silicon solar cell. The […] Read more
Record Amount of Wind Turbine Capacity Ordered Globally in 2019 Updated On Fri, Mar 6th, 2020 by Saurenergy 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis. 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis from Wood Mackenzie. As noted in the report, ‘Global […] Read more
Power Trade at IEX Grew by 57% in February, REC Sales Increased Updated On Thu, Mar 5th, 2020 by Saurenergy The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […] Read more
BYD Receives Largest Order of Electric Buses in US History in LA Updated On Tue, Feb 25th, 2020 by Saurenergy The Los Angeles Department of Transportation (LA DOT) has placed the largest order for electric buses in US history with BYD for 134 buses. LA Mayor Eric Garcetti announced this week that the Los Angeles Department of Transportation (LADOT) has placed the largest order for electric buses in US history with BYD for 134 buses. […] Read more
NY Green Bank Records $117.5 Mn in Clean Energy Investments in Q4 Updated On Mon, Feb 17th, 2020 by Saurenergy The NY Green Bank has announced that its Q4 of 2019 was the strongest to date, adding USD 117.5 million to its current portfolio. The NY Green Bank has announced that its fourth-quarter of 2019 was the strongest to date with more capital committed than any prior quarter, adding USD 117.5 million to its current […] Read more
