New Material, Manufacturing Process use Sun’s Heat for Cheaper Renewable Electricity Updated On Sat, Oct 20th, 2018 by Saurenergy Solar power accounts for less than 2 percent of U.S. electricity but could make up more than that if the cost of electricity generation and energy storage for use on cloudy days and at nighttime were cheaper. A Purdue University-led team developed a new material and manufacturing process that would make one way to use solar power […] Read more
Softbank group’s CEO Mr. Masayoshi Son offers free Electricity after 25 years Updated On Thu, Oct 4th, 2018 by Saurenergy Chief Executive Officer, Soft Bank Group, Mr Masayoshi Son, addressed the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018), organised by the Ministry of New and Renewable Energy, Government of India. The First Assembly of International Solar Alliance (ISA); the 2nd IORA Renewable Energy Ministerial Meeting and the 2nd […] Read more
SoftBank Group to Offer Free Electricity to ISA Members Updated On Wed, Oct 3rd, 2018 by Saurenergy The 2nd REINVEST aims at accelerating the worldwide effort to scale up renewable energy and connect the global investment community, one of which is SoftBank, with Indian energy stakeholders. MNRE has organized 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018) aiming to take another step towards inclusion of renewable energy in the energy mix. During […] Read more
India Yields 77% Electricity from Coal, 5% from RE in 2017-18: Report Updated On Sat, Sep 29th, 2018 by Saurenergy By the passage of renewable energy development, India will eventually see a harsh divestment in the fossil fuel sector. Indian Government seems to be confident of its renewable energy target of 227 GW power by the year 2022 despite of its high and inevitable consumption of fossil fuels. Market Analyst, Bridge to India mentions that […] Read more
California Assembly Passes 100% Carbon-Free Electricity Bill Updated On Wed, Aug 29th, 2018 by Saurenergy Followed by the passage by the California Assembly the ‘Senate Bill 100’ is one procedural step away from it successful implementation. In a bid to reduce the greenhouse gas emissions and switch to renewable energy sources for all of its power requirements, California State Assembly has passed the historic bill decarbonizing its electricity systems. Followed […] Read more
Electricity to farmers through renewable energy sources Updated On Thu, Aug 2nd, 2018 by Saurenergy The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme. Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of […] Read more
World Bank Okays $250 Mn for Rajasthan’s Electricity Distribution Sector Reforms Updated On Tue, Jul 10th, 2018 by Saurenergy This is the second loan for Rajasthan in the series of two operations planned for a comprehensive turnaround of the state’s electricity distribution sector. It’s first loan was closed in March 2017. The World Bank has approved USD 250 million development policy loan (DPL) aiming to help Rajasthan government in improving the performance of its electricity distribution […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Renewables Supply 75% of Electricity in India by 2050: BNEF Report Updated On Sat, Jul 7th, 2018 by Saurenergy “By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […] Read more
