5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA Updated On Wed, Dec 4th, 2024 by Saurenergy The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […] Read more
Suzlon, Jindal Renewables Expand Ties With 302 MW Wind Project Updated On Wed, Dec 4th, 2024 by Saurenergy Suzlon and JSP Green Wind 1 Pvt. Ltd., a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka. The partnership is aimed at accelerating green steel production. This second order brings the total capacity from Jindal Renewables to 702.4 MW, making it […] Read more
127 GW Of Renewable Projects Under Tendering Process: Govt Updated On Wed, Dec 4th, 2024 by Saurenergy Minister of State (MoS) for Power Shripad Naik in a statement before the Parliament said that around 127 GW of renewable projects are under the tendering process in the country. The MoS in his statement talked about the strides the country is taking to boost its green energy portfolio. He said India currently has a […] Read more
Top 5: Largest Solar Projects in the Middle East Region Updated On Wed, Nov 27th, 2024 by Saurenergy The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […] Read more
India Sees Less Hope From Funding Commitments At COP29 Updated On Mon, Nov 25th, 2024 by Saurenergy The UN recently concluded climate talks at COP29 in Baku with a pledge of $300 billion annually from rich nations to contribute to the global fight against climate change. The COP29 negotiations ended early Sunday morning in Baku. The Indian delegation, however, finds it not enough to deal with the climate change crisis. The COP29 […] Read more
Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India Updated On Fri, Nov 22nd, 2024 by Saurenergy Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy. The MoU outlines the evaluation of […] Read more
CY24: India Adds 18.8 GW Of Solar Capacity In 10 Months Updated On Mon, Nov 18th, 2024 by Saurenergy India’s total installed solar energy capacity has now surpassed 92 GW, according to the latest data from the Central Electricity Authority (CEA). The CEA’s most recent monthly installed capacity report revealed that the country added 1,717.36 MW of new renewable energy capacity (excluding large hydro) in October 2024. The report further indicated that India’s total […] Read more
How Carbon Market Boost At COP29 Can Bolster Indian RE Sector? Updated On Tue, Nov 12th, 2024 by Saurenergy After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […] Read more
