CERC Proposes Levelized Generic Tariff for Select Renewables Updated On Tue, Apr 25th, 2017 by Saurenergy Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […] Read more
Half of India’s energy capacity will be from non-fossil fuel sources in 10 years Updated On Wed, Apr 19th, 2017 by Saurenergy If India achieves its target to install 175 GW of renewable energy capacity by 2022 — as committed under the 2015 Paris Agreement — it will not need to install, at least until 2027, any more coal-fired capacity than the 50 GW currently under construction. Non-fossil fuels — renewables, nuclear and large hydroelectric power plants […] Read more
Saudi Arabia Shortlists 27 Companies for Round 1 of National Renewable Energy Program Updated On Tue, Apr 11th, 2017 by Saurenergy World’ top oil exporter Saudi Arabia has shortlisted 27 companies for its solar and wind power projects, as part of the first round of its renewable energy initiative The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has shortlisted a number of companies for the first round […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
Meghalaya eyeing renewable energy to meet the growing demand for electricity in the state Updated On Wed, Mar 29th, 2017 by Saurenergy Meghalaya can generate about 3,669 MW from various renewable energy sources and about 3,000 MW from solar energy. Power-starved Meghalaya is now eyeing renewable energy to meet the growing demand for electricity in the state, Power Minister Sniawbhalang Dhar has said. “The main concern facing the state today is power deficit which has greatly affected Meghalaya’s economy and the […] Read more
India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal Updated On Sat, Mar 25th, 2017 by Saurenergy “India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […] Read more
Apple to Utilize 100 Percent Renewable Energy for Manufacturing in Japan Updated On Fri, Mar 10th, 2017 by Saurenergy Apple has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 percent renewable energy. Component supplier Ibiden is the first company in Japan to pledge it will power all of its Apple manufacturing with 100 percent renewable energy — a new milestone for Apple and Japan. The announcement marks […] 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
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
