Rs 3300 Cr Loan Released for Andhra Pradesh Power Sector Updated On Wed, Sep 23rd, 2020 by Saurenergy The Central Government has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector under the second tranche of the Atmanirbhar Loan. The Central Government has announced that it has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector. The loan will fall under the second […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Tata Power Signs PPA to Commission Solar Carport for Apollo Kolkata Updated On Tue, Sep 22nd, 2020 by Saurenergy Tata Power, India’s largest power company has announced that it has signed a Power Purchase Agreement (PPA) with Apollo Gleneagles Hospital to commission the biggest carport in Indian Health Sector. This will be the biggest carport in the state of West Bengal, with 335 kWp capacity. The project is expected to generate approximately 4.26 lakhs […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more
Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
Tata Power’s 200 Microgrids to be Ready by 2021 Updated On Mon, Sep 21st, 2020 by Saurenergy TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […] Read more
Verizon Prices Second Green Bond, to Fund Renewable PPAs Updated On Sat, Sep 19th, 2020 by Saurenergy Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […] Read more
Renewables Rich Rajasthan can Lead India’s Energy Transition: IEEFA Updated On Fri, Sep 18th, 2020 by Saurenergy IEEFA finds that Rajasthan can play a key leadership role in India’s transition to a low-emission and low-cost electricity system. As India looks to expand its renewable energy capacity, a new report from IEEFA finds that Rajasthan can play a key leadership role in India’s transition to a low-cost, low-emission, profitable electricity system. The state’s installed […] Read more
Curtailment Or Grid Stability. APTEL Plays Safe in Tata Renewables Plea Updated On Tue, Sep 15th, 2020 by Saurenergy In an order pronounced on September 11, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of an APERC order that allowed the Andhra Pradesh State Load Despatch Centre to curtail power from wind energy developers. The curtailment had been done citing grid stability issues, as the transmission line evacuating the power produced was […] Read more