Indian Renewable Energy Industry Analysis Updated On Fri, Aug 6th, 2021 by Saurenergy The India Brand Equity Foundation (ibef) has reported an analysis of the Indian Renewable Energy in May 2021. It reported that India ranked third in EY Renewable Energy Country Attractive Index. Installed renewable power generation capacity has increased at a fast pace over the past few years, posting a CAGR of 17.33% between FY14-FY20. Power […] Read more
CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT Updated On Thu, Aug 5th, 2021 by Saurenergy In a stock exchange filing, CESC Limited has informed that Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […] Read more
NTPC Investor Presentation Q1 FY21: focus on Renewables, Sustainability Updated On Thu, Aug 5th, 2021 by Saurenergy At the 17th Annual Analysts and Investors Meet of NTPC Limited, the Indian electric utility highlighted its key achievements in FY21 in driving the adoption of green energy, particlulary solar power in the country. The company stated that it had incorporated NTPC Renewable Energy Limited, a new subsidiary for RE business, in FY21. It has won 1,885 […] Read more
China: 40 Year Experience in Renewable Energy Development Updated On Wed, Aug 4th, 2021 by Saurenergy In less than 40 years, China has moved from a lagger to global leader status. While the energy demand has steadily grown at an unprecedented pace, frequently at a double-digit growth rate, the share of renewables in the total primary energy consumption ramped up from 4 percent in 1980 to about 13.1 percent in 2019, […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
Tata Power Tops CRISIL’s ESG Rankings Among Power Companies Updated On Thu, Jul 29th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […] Read more
Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […] Read more
ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […] Read more
