The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade Updated On Fri, Jun 11th, 2021 by Saurenergy Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons. According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […] Read more
Goa CM Seeks 100% Solar Powered Electrification in Rural Households Updated On Mon, May 31st, 2021 by Saurenergy At the inauguration of a solar-based electrification program for remote rural households in Goa, the chief minister (CM) of Goa, Dr. Pramod Sawant said, “On Goa Statehood Day, it is a proud moment for us to announce that we will achieve 100 percent electrification for all homes in Goa, and that too with clean energy. […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
Renewables Powering Through the Pandemic: IEA Updated On Tue, May 11th, 2021 by Saurenergy Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […] Read more
SECI Seeking Land for 100 MW Solar Projects in Chhattisgarh for SECL Updated On Tue, May 11th, 2021 by Saurenergy SECI has issued an EOI for shortlisting of suitable land banks/ parcels for the implementation of 100 MW solar projects in Chhattisgarh. The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EOI) for shortlisting of suitable land banks/ parcels for the implementation of solar projects in the state of Chhattisgarh. SECI […] Read more
