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
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
B’Luru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian Updated On Thu, Oct 1st, 2020 by Saurenergy GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact […] Read more
ArcVera Renewables Forays into Indian Renewable Energy Segment Updated On Wed, Sep 30th, 2020 by Saurenergy ArcVera Renewables, an international provider of consulting and technical services for wind, solar and hybrid energy storage projects, has announced its entry into the fast-growing Indian renewable energy market. The firm has set up its first office in India in Bangalore. The company stated that it has assembled a team of international experts to deliver […] Read more
GUVNL Tenders for Procuring 500 MW Solar Power Updated On Wed, Sep 30th, 2020 by Saurenergy GUVNL has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power through competitive bidding. The solar […] Read more
Renewable Jobs Grew to 11.5 Mn in 2019, now Need Policy Support: IRENA Updated On Wed, Sep 30th, 2020 by Saurenergy The latest IRENA report shows that jobs in the renewable energy sector reached 11.5 million globally in 2019, led by solar PV with some 3.8 million jobs. Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA). The seventh edition […] Read more
Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally Updated On Tue, Sep 29th, 2020 by Saurenergy Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […] Read more
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
