India’s Clean Energy Sector Aims To Generate 330,000 New Jobs: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy The Union Government is planning to set up 160,000 Megawatt (Mw) of fresh renewable energy generation capacity in the five years between 2017 and 2022. More than 330,000 new jobs are likely to be generated from India’s growing renewable energy sector over the next five years, according to US-based global research organisation World Resources Institute […] Read more
Low Bids Slowing Solar Energy Projects: ICRA Updated On Wed, Nov 22nd, 2017 by Saurenergy The level of solar power tariffs witnessed a sharp reduction in the last six months says ICRA The viability for solar projects bid has slowed down in the last six months, according to the research and ratings agency ICRA. The solar project capacity awarded in 2017 stood at 3.75 GW by October end as against […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
China, Ukraine Agree to Deepen Cooperation in Clean Energy Updated On Sat, Nov 18th, 2017 by Saurenergy Ukraine which relies heavily on imported energy and sees a huge potential in its renewable energy cooperation with China. China and Ukraine have agreed to increase their cooperation in renewable energy, the Ukrainian government said. Both the countries reached the agreement during the plenary meeting of the Chinese-Ukrainian Subcommittee on Trade and Economic Cooperation in […] Read more
India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more
IEA Predicts India Will Lead the World in Clean Energy By 2040 Updated On Fri, Nov 17th, 2017 by Saurenergy Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […] Read more
MNRE organises panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW Renewables by 2022’ at CoP 23, Bonn, Germany Updated On Fri, Nov 17th, 2017 by Saurenergy India committed to its Renewable Energy Targets to provide Equitable Sustainable Development The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
