RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA Updated On Fri, Jul 9th, 2021 by Saurenergy While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […] Read more
Norway Allocates $1.2 bn for RE Projects in Developing Nations Updated On Fri, Jul 9th, 2021 by Saurenergy The Norwegian government has announced the allocation of $1.16 billion over five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions. Speaking about the new fund, Minister of International Development Dag-Inge Ulstein said, “It is part of the solution to some of […] Read more
Local Firm to Set Up 100 MW Solar Plant in Botswana Updated On Thu, Jul 8th, 2021 by Saurenergy The Botswana energy regulator has granted a generation licence for a 100 MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large scale solar plant in the country, according to media reports. This landlocked country in Southern Africa does not currently have large scale solar […] Read more
Smart Grid Cell to be Set Up in Telangana, says State Regulator Updated On Tue, Jul 6th, 2021 by Saurenergy The Telangana State Electricity Regulatory Commission (TSERC) has issued a notification for implementing the TSERC (Smart Grid) Regulation, 2021, to be enforced from the date of its publication in the Telangana Gazette. A smart grid is an electrical grid with automation, communication and IT systems that can monitor power flows from points of generation to […] Read more
MDPs Committed Climate Finance Worth $66 B in 2020: Joint Report Updated On Fri, Jul 2nd, 2021 by Saurenergy According to the recently published 2020 Joint Report on Multilateral Development Banks’ Climate Finance, climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, of which, 58%—or $38 billion—was committed to low- and middle-income economies. The total climate cofinance committed during 2020 […] Read more
Wind & Solar to Produce 90% Electricity in North America by 2050: NARIS Updated On Wed, Jun 30th, 2021 by Saurenergy Canadian Renewable Energy Association (CanREA) has welcomed the release of the North American Renewable Integration Study (NARIS), considered to be the most comprehensive long-term analysis of power system evolution to date on the North American grid. NARIS shows that, between now and 2050, solar energy and wind energy are poised to contribute the greatest proportion […] Read more
India’s Three Battles To Lose Updated On Wed, Jun 30th, 2021 by Saurenergy What, and how India sets about achieving climate goals in the decade to 2030 matters. Not just for the impact it will have on doing our bit on global warming, but also for what it does to shift the country decisively away from our current energy pathways. The decade to 2030 also seems to be […] Read more
Poor Weather-led Drop in Wind Output Slashes German RE Use Updated On Tue, Jun 29th, 2021 by Saurenergy In the first half of 2021, renewable energies covered around 43 percent of gross domestic electricity consumption, compared to 50 percent of it in the same period in 2020, say the preliminary calculations of the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW). The […] Read more
“Floating Solution Will Be One Of The Main Enablers For PV sector In India” Updated On Mon, Jun 28th, 2021 by Saurenergy For French Solar Firm Ciel Et Terre, India was natural market market once the country embarked on a strong solar push, not to mention the strong partnership with France at global for a like the International Solar Alliance. Through its India firm Ciel Terre India, the firm has been quietly working to educate developers and policy […] Read more