Global Alliance Launches at COP26 to Boost RE in Developing Economies Updated On Tue, Nov 2nd, 2021 by Saurenergy The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide. Over the next decade, the Alliance aims to unlock USD100 billion in public and private capital and tackle three problems: (1) POWER […] Read more
Mainstream Renewable Wins 1.27 GW of Renewable Projects In South Africa Auctions Updated On Mon, Nov 1st, 2021 by Saurenergy The consortium led by Mainstream Renewable Power has received 50% of the total allocation in the latest round of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Making the formal announcement on October 29, the firm announced that twelve of its projects have achieved preferred bidder status in Round 5 of South […] Read more
56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad Updated On Fri, Oct 29th, 2021 by Saurenergy The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […] Read more
MoP Revises Terms of Reference of NCT to Fast-track ISTS Process Updated On Fri, Oct 29th, 2021 by Saurenergy The Ministry of Power (MoP) has revised the terms of reference of National Committee on Transmission (NCT) to fast-track Inter State Transmission System (ISTS) planning and approval process, thereby facilitating renewable energy development and integration in the power system. “As one more step in the series of major reforms being carried out in the power […] Read more
Tata Power Q2 Results and Presentation. Profits Strong, Revenues Hit By Thermal Drop Updated On Fri, Oct 29th, 2021 by Saurenergy Tata Power Company Limited has reported Consolidated financial results for the period ended September 30, 2021. The firm, at the forefront of the transition to renewable energy from thermal power earlier, has been pushing aggressively to growth capacities, as well as integrate operations around renewable energy. The company reported total income of Rs.10187.33 crores during […] Read more
India Vows to Take up Climate Justice Combat at COP26 Updated On Thu, Oct 28th, 2021 by Saurenergy India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country’s Environment Minister said yesterday. And the world’s third-biggest source of greenhouse gases is not yet guaranteeing that it will offer new mitigation efforts at the crucial conference which […] Read more
Ameresco to Mitigate California’s Electricity Issues with 2GWh BESS Updated On Tue, Oct 26th, 2021 by Saurenergy Ameresco, a cleantech integrator and renewable energy asset developer, owner and operator, has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. Due to the impact of the extreme weather events in the […] Read more
MoP Notifies Rules for Timely Recovery of Costs due to ‘Change in Law’ Updated On Mon, Oct 25th, 2021 by Saurenergy The Ministry of Power (MoP) has notified a new rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards climate change, states a press release. MoP said that investors and other stakeholders in the power sector were concerned about the timely recovery of the cost due […] Read more
The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note Updated On Fri, Oct 22nd, 2021 by Saurenergy A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […] Read more
