1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
MNRE Creates FDI Cell to Process Foreign Investment Proposals Updated On Mon, Jun 8th, 2020 by Saurenergy In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […] Read more
Ather Energy Completes 2 Years, to Roll out Exchange Program Updated On Mon, Jun 8th, 2020 by Saurenergy Ather Energy recently completed two years of operations and is planning to come up with an exchange program to attract scooter owners to upgrade to an EV. The electric vehicle startup Ather Energy on June 5, 2020, completed two years of operations since the launch of its flagship electric scooter, the Ather 450 in Bengaluru. The company, in a press […] Read more
UPPCL Gets Recognition from CM for Achieving Good Results During Crisis Updated On Mon, Jun 8th, 2020 by Saurenergy UPPCL has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in ensuring electric supply amid the Coronavirus crisis. The Uttar Pradesh Power Corporation Limited (UPPCL), the company responsible for electricity transmission and distribution within the state of Uttar Pradesh, has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
EESL Plans to set-up 2000 EV Charging Stations in 2020-21 Updated On Mon, Jun 8th, 2020 by Saurenergy EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […] Read more
Covid-19 Created Opportunity to Implement Greener, More Circular Economy: Dr. Ajay Mathur Updated On Sat, Jun 6th, 2020 by Saurenergy The coronavirus pandemic has created the opportunity to implement a greener, more circular economy, said Dr. Ajay Mathur, Director General, The Energy and Resources Institute, (TERI). He was speaking at a webinar hosted to mark the World Environment Day on the theme, “Resource Efficiency for Greening of Recovery and fostering Sustainable Economic Growth in a […] Read more
Keventer Agro Executes Largest Rooftop Solar Plant in Eastern India Updated On Sat, Jun 6th, 2020 by Saurenergy Food and beverage company Keventer Agro has commissioned eastern India’s “largest” rooftop solar plant at Barasat in West Bengal. City-based food and beverage company Keventer Agro on Friday said it has commissioned eastern India’s “largest” rooftop solar plant at Barasat in West Bengal. The 2.15-MW project is expected to yield 2.83 million units of energy, it said. The plant […] Read more
