Cabinet approves Memorandum of Understanding (MoU) on Renewable Energy between India and Portugal Updated On Mon, Mar 6th, 2017 by Saurenergy The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for signing of a Memorandum of Understanding (MoU) on Renewable Energy between India and Portugal. The MoU was signed on 6th January, 2017 in New Delhi. The MoU will help in strengthening bilateral cooperation between the two countries. […] Read more
Aditya Birla Group with Lotus Renewables to launch a $100 million Global Clean Energy Fund: Report Updated On Fri, Mar 3rd, 2017 by Saurenergy The Global Clean Energy Fund will be managed by Singapore-based Aditya Birla Sun Life Asset Management Company Pte Ltd. Aditya Birla Group is reportedly gearing up to launch a $100 million Global Clean Energy Fund with Lotus Renewables. The fund is targeted at developing countries in Asia, including India, as well as Australia. K Gowri […] Read more
ABB Commissions Denmark’s First Urban Energy Storage System to Support Renewables Updated On Thu, Mar 2nd, 2017 by Saurenergy ABB’s Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in the new harbour district of Nordhavn, Copenhagen ABB has announced that it has successfully commissioned Denmark’s first urban energy storage system. ABB’s Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog Updated On Fri, Feb 24th, 2017 by Saurenergy “We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
Phoenix Solar Pumps Renewable Energy Into IKEA Store Updated On Wed, Feb 22nd, 2017 by Saurenergy Installation of the solar panels by Phoenix Solar begins at IKEA Tampines in March and the project is expected to be completed in July this year. Singapore’s Phoenix Solar has announced that it has been awarded a contract by IKEA Southeast Asia to design and build a 1 MWp solar system on the roof of IKEA […] Read more
Kerala’s Renewable Energy Organization ANERT to Campaign for Solar Power Connect Project Updated On Mon, Feb 20th, 2017 by Saurenergy Agency for Non-Conventional Energy and Rural Technology will make use of solar power to reduce dependence on hydroelectric power and meet electricity needs. Agency for Non-Conventional Energy and Rural Technology (ANERT) is set to include more institutions, individuals and companies under the grid-connect solar power project to reduce dependence on hydroelectric power. The plan is […] Read more
New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI Updated On Tue, Feb 14th, 2017 by Saurenergy “The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […] Read more
