Yvon Chouinard: The Billionnaire Who Delivered On His Promise Updated On Fri, Sep 16th, 2022 by Saurenergy Yvon Chouinard, an American Billionaire and founder of outdoor clothing and gear retailer Patagonia has been in the news for giving away his fortune. Chouinard gave away all the stock, and ownership in the company to a Trust and a nonprofit in September 2022. With an open letter on Patagonia’s website announcing, “the earth is […] Read more
Part Commissioning of ISTS Solar Projects Gets Green Signal from MNRE Updated On Thu, Sep 15th, 2022 by Saurenergy Solar projects connected to interstate transmission (ISTS) in lots of 10 MW or more have recently received approval from the Ministry of New and Renewable Energy (MNRE) for partial commissioning. The choice was made to speed up the commissioning of solar power projects and to follow the lead of such assistance already given to wind […] Read more
Honda to Launch E-Rickshaw Battery Swapping, New E-Motorcycles in India Updated On Thu, Sep 15th, 2022 by Saurenergy Japan-based carmaker Honda has revealed its plans to establish a battery-sharing service for e-rickshaws in India. Honda said that it will achieve the task by the end of 2022. The maker has also launched its electric two-wheelers in India. The company said in a statement, “In India, Honda is planning to begin its battery sharing […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
KPI Green Energy’s 16.10 MW Hybrid Power Project to Come Up in Gujarat Updated On Wed, Sep 7th, 2022 by Saurenergy Under the 2018 Gujarat Wind-Solar Hybrid Power Policy, KPI Green Energy- a leading solar energy company in Surat, is installing green hybrid capabilities at Bhavnagar totaling 16.10 MW. According to the firm, this 16.10 MW hybrid power project will include solar energy project (10 MWdc) and wind energy project (6.10 MW ) capacity that will be […] Read more
ALMM, BCD Update- Developers Hope For Relief Soon Updated On Tue, Sep 6th, 2022 by Saurenergy Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […] Read more
Nagaland Unveils Unified Rooftop Solar Portal Updated On Tue, Sep 6th, 2022 by Saurenergy The Nagaland Government has launched a unified rooftop solar web portal that is expected to give a fillip to greater generation and use of solar power in the residential sector by simplifying the approval process. KD Vizo, Principal Secretary for Power applauded the effort of the power department and said that the unified rooftop solar […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
