ACME Signs Deal With Brookfield Renewable for 450MW Solar Project Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable, an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India. Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender Updated On Tue, Jun 22nd, 2021 by Saurenergy Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
Biofuels: Empowering the Economy and Conserving the Environment Updated On Mon, Jun 21st, 2021 by Saurenergy Notwithstanding adversities of pandemic India is projected to report close to double digit GDP growth this year based on studies by renowned institutions. Thanks to huge domestic market consumption though exports are likely to remain subdued! The energy requirement of an economy is directly proportional to population and the momentum of development. Electricity and fuel […] Read more
Australia Pulls Back On $36 Billion Renewable and Hydrogen Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the decision in a release published on Australia‘s environment department’s […] Read more
CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […] Read more
After Capacity Battle, Shifting Renewables’ Focus to Generation Key, Says REN21 Updated On Mon, Jun 21st, 2021 by Saurenergy Even though renewables added 83% of new power capacity in 2020, their share in global electricity generation increased by only 2.7%, shows a new report by REN21, a think tank and a multi stakeholder governance group focused on renewable energy policy. The Renewables 2021 Global Status Report finds that despite the impacts of the COVID-19 pandemic, renewable […] Read more