Energy Horizons 2019: The Curtailment Issue Updated On Sat, Jul 20th, 2019 by Saurenergy On day 2 of Energy Horizons 2019, a session titled ‘Circumventing the Challenge of Grid Adoption” was actually a session about the challenge of curtailment of renewable power by Discoms. A topic so sensitive, that even calling it that is an issue, apparently. Thankfully, a healthy discussion did follow, although a solution was still elusive […] Read more
IEA Chief Calls on RK Singh to Discuss Clean Energy Transition Updated On Sat, Jul 20th, 2019 by Saurenergy Dr. Fatih Birol, executive director of IEA called on R K Singh to discuss matters pertaining to the advancements in cleaner energy and transportation. Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA) called on R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) to discuss matters […] Read more
Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
Transmission Needs Rs 5 Lakh Cr Investment to Meet $5 Trn Economy’s Energy Needs Updated On Thu, Jul 18th, 2019 by Saurenergy According to the estimates, India will be consuming 1.8 trillion units by 2025 as the country’s growth trajectory accelerates, and this requires large investments in the transmission sector, particularly at the state level. In order to fulfill the Prime Minister Modi’s vision of a USD 5 trillion economy over the next few years, it will […] Read more
CAG Calls out West Bengal for Failing to Create Green Energy Fund Updated On Thu, Jul 18th, 2019 by Saurenergy West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report. The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […] Read more
Distributed Renewables Could Create 400,000 Jobs in India Updated On Tue, Jul 16th, 2019 by Saurenergy A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
GE Renewable Energy Selected for 220 MW Wind Farm in Poland Updated On Fri, Jul 12th, 2019 by Saurenergy GE Renewable Energy has been selected to power the 220 MW Potegowo Wind Project in Poland. GE Renewable Energy has announced that it will provide 81 onshore wind turbines to power the 220 MW Potegowo Wind Project in Slupsk County, Northern Poland. This is the first project between GE Renewable Energy and Potegowo Mashav. With […] Read more
