Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
ET Energy Commissions 26 MWp of Solar Projects in the UK Updated On Fri, May 5th, 2017 by Saurenergy ET Energy acquired the development rights to these solar power projects during 2016 and sold them to funds managed by Octopus Energy Investments at the end of the year. ET Energy has built six solar power projects totaling 26 MWp in the United Kingdom on behalf of funds managed by Octopus Energy Investments. The solar […] Read more
Chinese Solar Equipment Major, GCL-Poly Energy Bids on India Solar Market Updated On Sun, Apr 30th, 2017 by Saurenergy The Chinese solar equipment maker major, GCL-Poly Energy Holdings has shared plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talk with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, which […] Read more
Uttar Pradesh Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Uttar Pradesh Solar Energy Policy Updates 2017 A target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022 has been set by the Government of Uttar Pradesh mentioned in the ‘Draft Solar Power Policy-2017’ for Uttar Pradesh in June 2017. At the time of announcing the policy remains […] Read more
Gujarat Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Gujarat Solar Energy Policy Updates 2017 The 50 percent cap of the approved load or contracted demand by small residential rooftop owners has been removed by the government of Gujarat enabling the residential consumers to install rooftop solar systems of any capacity of their own. The order came in effect from April 13, 2017. The […] Read more
Duke Energy Florida Brings Solar Power Plant Online Updated On Fri, Apr 14th, 2017 by Saurenergy The 17 acre facility in Osceola County is providing customers with nearly 4 megawatts of carbon-free solar energy. Nearly 15,000 solar panels soaking up the sun in Osceola County are now providing clean, renewable energy to Duke Energy customers in Florida. The new Duke Energy owned and operated Osceola Solar Facility is about the size of 13 football […] Read more
Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018 Updated On Fri, Apr 7th, 2017 by Saurenergy The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […] Read more
