MNRE Issues Amended Draft Policy for Promoting DRE Livelihood Applications Updated On Thu, Mar 11th, 2021 by Saurenergy MNRE has issued a revised draft of its policy framework for developing and promoting DRE livelihood applications in rural areas of India The Ministry of New and Renewable Energy (MNRE) has issued a revised draft of its policy framework for developing and promoting Decentralised Renewable Energy (DRE) livelihood applications. The ministry has invited comments/suggestions from […] Read more
AVANGRID Offshore Wind JV Vineyard Wind 1 Achieves Key Regulatory Milestone Updated On Wed, Mar 10th, 2021 by Saurenergy AVANGRID, Inc. confirmed today that the U.S. Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for Vineyard Wind 1. The issuance of the FEIS is the final step before a Record of Decision (ROD) from BOEM, the last approval required for construction on the project to begin. The project […] Read more
IRENA & IDB to Foster Sustainable Energy Future in LAC Countries Updated On Wed, Mar 10th, 2021 by Saurenergy The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) have signed a partnership that will help drive the energy transition in Latin America and the Caribbean (LAC) in line with the 2030 Agenda for Sustainable Development and the Paris Agreement. The partnership is built around knowledge-sharing in the context of promoting regional […] Read more
Weak Performance in Rooftop Solar a Growing Concern Updated On Wed, Mar 10th, 2021 by Saurenergy Against the overall target of 40 GW rooftop solar by 2022, an aggregate capacity of 3.73 GW has been installed as of January 31, 2021. The National Institute of Solar Energy (NISE) has estimated a rooftop solar potential of 42.83 GW in India. Based on this estimation, the central government had set a highly ambitious […] Read more
SSN-COE Team Gets Rs 12 Cr Grant from DST for Solar Ingot Manufacturing Tech Updated On Wed, Mar 10th, 2021 by Saurenergy Researchers at SSN-COE have been awarded a Rs 12 crore grant from the DST, for tech they believe can catalyse India’s solar ingot and wafer manufacturing abilities SSN College of Engineering (SSN-COE), Chennai has announced that a team of its researchers led by Professor P. Ramasamy, Dean (Research) have been awarded a grant of Rs […] Read more
EESL Invites Private Players to Boost Adoption of Energy Efficient Products and Services in India Updated On Wed, Mar 10th, 2021 by Saurenergy With the aim to maximise the adoption of energy efficient products and services in India, Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has decided to empanel Corporate Sales Agencies, Direct Sales Agencies, Dealers and Retailers and other Demand Aggregators, including ESCOs with requisite under the Success Fee Model. Through […] Read more
Solar the Star For Attracting Investments in India’s Energy Sector Updated On Tue, Mar 9th, 2021 by Saurenergy By Vishal Yadav A suitable geographic terrain, supportive Government policies, future energy demand, and environmental concerns have placed growth as well as momentum behind solar energy in India. Rising population, an emerging economy with exponential growth ambitions, and urbanization are some factors contributing to India’s increasing energy demand. According to a report by the International […] Read more
Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio Updated On Tue, Mar 9th, 2021 by Saurenergy Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […] Read more
Report Tries to Predict Hurdles That may Arise in Achieving Net-Zero Emissions by 2050 Updated On Tue, Mar 9th, 2021 by Saurenergy A new report has built a 2050 energy model with almost net zero emissions, and then looked back at the hurdles which may arise along the way. The world will move from today’s global electricity generation of 24,219 TWh to a little over double this figure at 53,153 TWh per annum by 2050, with the […] Read more