Green Energy Association Mulls to Move SC Against APTEL Order on RECs Updated On Mon, Apr 16th, 2018 by Saurenergy Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […] Read more
CleanChoice Energy Launches CleanChoice Community Solar Updated On Sat, Apr 7th, 2018 by Saurenergy This new platform connects people to local community solar projects, allowing customers to sign-up in less than five minutes, and manages ongoing customer engagement with completely digital and fully online. Renewable energy company CleanChoice Energy has launched CleanChoice Community Solar. This new platform connects people to local community solar projects, allowing customers to sign-up in […] Read more
SA Signs Renewable Energy Deals with IPP Updated On Thu, Apr 5th, 2018 by Saurenergy The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […] Read more
Nextera Energy to Sell its Canadian Renewable Portfolio Updated On Tue, Apr 3rd, 2018 by Saurenergy An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […] Read more
India Must Strengthen Grid Infra to Boost Renewable Energy: IRENA Updated On Thu, Mar 29th, 2018 by Saurenergy IRENA Director-General Adnan Z Amin says the main constraint in India right now is the grid. There is a huge upsurge in investment,” he said of the renewable projects being implemented in the country. India must strengthen grid infrastructure to support its “strong push” towards renewable energy especially solar, said the head of the International […] Read more
Delhi Govt comes up with ‘Green Budget’ to Focus on EVs, Solar Energy Updated On Fri, Mar 23rd, 2018 by Saurenergy The AAP government presented a Rs 53,000 crore budget for 2018-19 fiscal, and is the first ‘Green budget’ of the government aimed at effective containment of pollution in the city. In a first, the budget presented by the AAP government in the Delhi Assembly has given thrust on “green” initiatives by laying emphasis on environment, […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10 Updated On Thu, Mar 8th, 2018 by Saurenergy The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […] Read more
Microsoft Inks Solar Energy Pact with Atria Power to Lighten its B’lore Office Updated On Tue, Mar 6th, 2018 by Saurenergy Microsoft will purchase 3 megawatts of solar-powered electricity from the Bangalore-based company, which will meet 80 per cent of the projected electricity needs at the new facility. Microsoft Corp., an IT giant, has singed its first renewable energy deal with Atria Power, a renewable power producer, to power its new office building in Bangalore, Karnataka. As per […] Read more