Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
Tamil Nadu Planning to Bid Out 250 MW Floating Solar Projects Updated On Fri, Jan 25th, 2019 by Saurenergy The department is looking to bid out for projects worth 100 MW, 100 MW and 50 MW at the Mettur Dam, Bhavanisagar Dam, and the Vaigai Dam respectively. The Tamil Nadu Generation and Distribution Company (Tangedco) is planning to float bids for setting up floating solar plants on three dam reservoirs in the State. Floating […] Read more
Growth in Renewable Energy Investment Slowing Due to Grid Limitations: IEEFA Updated On Fri, Jan 25th, 2019 by Saurenergy An investment of US$ 60-80 billion will be needed in the next five years to keep pace with growing generation capacity. A brief report by the Institute for Energy Economics and Financial Analysis, authored by Tim Buckley and Kashish Shah has revealed that India’s grid transmission infrastructure needs urgent modernisation to not limit the growth […] Read more
HERC Approves PPA for 23 MW of Solar Projects in Haryana Updated On Thu, Jan 24th, 2019 by Saurenergy The commission has approved the PPA of solar projects totaling 23 MW, which the HPPC had signed with four solar project developers. The Haryana Electricity Regulatory Commission (HERC) has issued an order approving the power purchase agreements (PPAs) of solar projects after a common petition was filed by Haryana Power Purchase Centre (HPPC) and the […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] Read more
CSE’s ‘State of the Renewable Energy Sector in India’ report highlights key risks to sector Updated On Tue, Jan 22nd, 2019 by Saurenergy India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, if the sector continues to be plagued by policy inconsistency, discom problems and other issues, says the CSE analysis. India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, said Centre for […] Read more
China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects Updated On Tue, Jan 22nd, 2019 by Saurenergy The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […] Read more
U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more