Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO Updated On Tue, Apr 9th, 2019 by Saurenergy Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […] Read more
MNRE HQ Building To Use Solar Energy & Become Net-Zero Energy Complex Updated On Tue, Apr 9th, 2019 by Saurenergy The Akshay Urja Bhawan will be located in Delhi, right opposite the premises which the ministry presently occupies in the CGO Complex here. To promote sustainable practices, the Ministry of New and Renewable Energy (MNRE) has conceptualised a “net-zero energy complex” for its new headquarters in New Delhi. The Akshay Urja Bhawan will be located […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
Promote RE to Ensure Energy Security & Protect Climate : Naidu Updated On Thu, Apr 4th, 2019 by Saurenergy The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […] Read more
India and Chile Should Jointly Promote Solar Energy Globally : President Updated On Tue, Apr 2nd, 2019 by Saurenergy Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change. President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability. Kovind, who arrived after visiting […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
India Leaps 2 Places to Surpass China in WEF Clean Energy Index Updated On Tue, Mar 26th, 2019 by Saurenergy India has moved up two places to rank 76th on a global energy transition index, which ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. In the clean energy race, Sweden remains on the top on this annual list compiled by Geneva-based World Economic […] Read more
