22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19 Updated On Mon, Apr 1st, 2019 by Saurenergy In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year. Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
China’s Target of 20% Renewables by 2030, Considerably Harder Updated On Fri, Mar 29th, 2019 by Saurenergy Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications. China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […] Read more
Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025 Updated On Fri, Mar 29th, 2019 by Saurenergy By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
President Begins International Tour with Trade and Renewable Energy on Agenda Updated On Tue, Mar 26th, 2019 by Saurenergy President Ram Nath Kovind has embarked on a state visit to Croatia, Bolivia and Chile to hold talks with the leaders of these countries and strengthen ties in trade, investment and renewable energy. India will be conducting separate bilateral forums with Croatia, Bolivia and Chile during President Kovind’s visit to these countries, from March 25 to April 2, a statement […] Read more
TKM Meets 87% Energy Needs of Bidadi Plant With Renewable Energy Updated On Tue, Mar 26th, 2019 by Saurenergy Through renewable power sourcing during the first three quarters of FY 2018-19, Toyota Kirloskar Motor (TKM) contributes more than 51,000 tons of Co2 reduction. Guided by Toyota’s ‘Global Environmental Challenge’ 2050 in line with the United Nations Sustainable Development Goals, till January ‘19 [in FY 2018-19], TKM successfully sourced 87% of electricity from the renewable […] Read more
Shell To Power Up 700,000 UK homes with Renewable Energy Updated On Mon, Mar 25th, 2019 by Saurenergy Royal Dutch Shell will begin supplying renewable electricity to more than 700,000 homes in the UK this week as it powers up plans to become the world’s biggest electricity company. Under the brand Shell Energy, it will become one of UK’s biggest green power suppliers overnight when it replaces First Utility, a year after acquiring […] Read more
