Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target? Updated On Thu, Oct 10th, 2019 by Saurenergy India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […] Read more
Engie EPS Selected for Solar Plus Storage Projects in Guam Updated On Wed, Oct 9th, 2019 by Saurenergy Engie EPS has been selected as the successful bidder for the construction of two solar-plus-storage projects under a 20-year PPA in Guam Engie EPS, a subsidiary of the Engie group, involved in the energy storage systems and microgrids segment has been informed that the Power Authority of Guam, a US territory in the Western Pacific, […] Read more
58/100. India’s Likely Target Achievement on renewables in 2022 Updated On Mon, Oct 7th, 2019 by Saurenergy A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are tied , when it comes to sustaining the […] Read more
SECI to Tender for 400 MW Renewable Projects Soon Updated On Fri, Oct 4th, 2019 by Saurenergy SECI has issued a notice, informing prospective developers that the agency will be inviting proposals for the development of 400 MW of renewable projects The Solar Energy Corporation of India (SECI) has issued a notice, informing prospective developers that the agency will be inviting proposals for the development of 400 MW of renewable projects on […] Read more
Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021 Updated On Fri, Oct 4th, 2019 by Saurenergy Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […] Read more
Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead Updated On Thu, Oct 3rd, 2019 by Saurenergy With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […] Read more
Corporate Renewable Purchases Key to Meeting Europe’s RE Target Updated On Thu, Oct 3rd, 2019 by Saurenergy Europe has set a target that 32 percent of its energy should come from renewable energy by 2030 and corporates can play a big role in meeting this target. Europe has set a target that 32 percent of its energy should come from renewables by 2030, up from 17.5 percent at present. And, corporates are […] Read more
Hecate Energy Seals 250 MW Solar Energy Agreement With Google Updated On Thu, Oct 3rd, 2019 by Saurenergy Hecate Energy has announced an agreement with Google to purchase 250 MW solar energy from the company’s 500 MW facility in Texas. Hecate Energy has announced an agreement with Google to purchase 250 MW of clean, renewable electricity from the company’s 500 MW cumulative solar facilities in Texas. Google had recently announced that it has made […] Read more
