India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
Significant Uncertainty Over Growth of Wind Energy in Europe: Report Updated On Fri, Oct 11th, 2019 by Saurenergy There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […] Read more
Hydrogen Could Play a Central Role in Global Energy Transition: IRENA Updated On Fri, Oct 11th, 2019 by Saurenergy Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by IRENA finds. Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that hydrogen from renewable […] Read more
JERA to Invest in Offshore Wind Farm in Taiwan Updated On Fri, Oct 11th, 2019 by Saurenergy JERA has entered into an agreement with Macquarie Capital to acquire an equity interest in an additional offshore wind power project in Taiwan. Japanese power generator, JERA, which is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, has announced that it has entered into an agreement with Macquarie Capital […] Read more
MNRE Clarifies December 2022 as Deadline for 175 GW Target Updated On Fri, Oct 11th, 2019 by Saurenergy MNRE has clarified that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December 31, 2022. The Ministry of New and Renewable Energy (MNRE) has clarified via an official release that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December […] Read more
CRISIL Report on REturn to Uncertainty Updated On Thu, Oct 10th, 2019 by Saurenergy India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […] Read more
CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more
CEEW Report on Greening New Pastures for Green Investments Updated On Thu, Oct 10th, 2019 by Saurenergy Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […] Read more
IEEFA Report on Pumped Hydro Storage in India Updated On Thu, Oct 10th, 2019 by Saurenergy Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […] Read more
