Amid Lockdown, India to boost Discoms With Electricity Despite Dues Updated On Tue, Apr 21st, 2020 by Saurenergy Generation, transmission firms in India will be involved in the continuous supply and transmission of electricity to Discoms despite their outstanding dues In India, the central public sector undertaking (CPSU) generation and transmission companies will be involved in the continuous supply and transmission of electricity to distribution companies (Discoms) despite the huge outstanding dues. As […] Read more
Draft Electricity Act (Amendment) Out. Renewables in Focus Updated On Mon, Apr 20th, 2020 by Saurenergy True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […] Read more
IRENA, African Union to Advance Renewable Energy in Response to COVID-19 Updated On Mon, Apr 20th, 2020 by Saurenergy The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […] Read more
Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
106,000 Clean Energy Jobs Lost in March Due to COVID-19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy More than 106,000 clean energy workers lost their jobs in the month of March, and more clean energy job losses are projected in the coming months. More than 106,000 clean energy workers lost their jobs in the month of March, and hundreds of thousands more clean energy job losses are projected in the coming months. […] Read more
CARE Ratings Report on COVID-19 Impact: Indian Renewable Sector Updated On Thu, Apr 16th, 2020 by Saurenergy The global economy has been hit hard by the unexpected outbreak of COVID-19, which has now posed fresh challenges across all geographies and sectors. The renewable energy sector which was already grappling with multiple issues will have to face a new problem of COVID-19. Nevertheless, given government impetus on the renewable sector in the past […] Read more
BlackRock Raises USD 5.1 Bn for Global Energy & Power Infrastructure Fund III Updated On Thu, Apr 16th, 2020 by Saurenergy BlackRock has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III) BlackRock through its Global Energy & Power Infrastructure Fund (GEPIF) has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in […] Read more
Adani Green Energy Subsidiary Commissions 50 MW Solar Project Updated On Thu, Apr 16th, 2020 by Saurenergy Adani Green Energy has announced that its arm Kilaj Solar (Maharashtra) Pvt Ltd has commissioned a 50 MW solar power project. Adani Green Energy has announced that its arm Kilaj Solar (Maharashtra) Pvt Ltd has commissioned a 50 MW solar power project on April 114, 2020. “Kilaj Solar (Maharashtra) Private Ltd, a step-down subsidiary of Adani Green Energy […] Read more
Large, Attractive And Safe. MNRE Secy’s Spirited Pitch for RE in India Updated On Thu, Apr 16th, 2020 by Saurenergy At the MNRE, momentum for India’s ambitious renewable push will never be allowed to flag. Even at the time of COVID-19 pandemic. That was the message from Anand Kumar, Secretary, Ministry of New and Renewable Energy (MNRE), at a webinar tonite involving Sumant Sinha, Founder and CMD, ReNew Power, Nolty Theriot, Senior Vice President, Government […] Read more