Green Tech Revolutions And India’s Chance to Shine: Study Updated On Tue, Jan 14th, 2020 by Saurenergy Green technology comes at a price and India can help break the “green curse” by persuading South Asian countries to adopt sustainable practices Green technology comes at a price and India can play a pivotal role in breaking the “green curse” by persuading South Asian countries to adopt sustainable practices in mining critical minerals needed […] Read more
Double the Share of Renewables to Achieve Energy Transition Goals Updated On Tue, Jan 14th, 2020 by Saurenergy The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […] Read more
Govt Releases State Energy Efficiency Index 2019 Updated On Fri, Jan 10th, 2020 by Saurenergy With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […] Read more
India has an Offshore Wind Energy Potential of 70 GW, 0 GW Fulfilled Updated On Thu, Jan 9th, 2020 by Saurenergy MNRE has revealed that India has an offshore wind energy potential of around 70 GW, mainly distributed along parts of the coast of Gujarat and Tamil Nadu. The Ministry of New and Renewable Energy (MNRE) has revealed that based on studies, India has an offshore wind energy potential of around 70 GW, mainly distributed along […] Read more
Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways Updated On Thu, Jan 9th, 2020 by Saurenergy The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […] Read more
Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report Updated On Wed, Jan 8th, 2020 by Saurenergy According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms Updated On Wed, Jan 8th, 2020 by Saurenergy Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […] Read more
Suzlon Energy Defaults on Rs 7200 Cr Worth in Loans Updated On Wed, Jan 8th, 2020 by Saurenergy Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs […] Read more