Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
International Finance Corporation to Invest 40 Million Dollars in Tata Cleantech Capital to Promote Renewable Energy Projects Updated On Wed, May 17th, 2017 by Saurenergy World Bank’s private-sector arm will use the money raised through green bonds to financing environment-friendly Renewable Energy Projects. International Finance Corporation is planning to invest up to $40 million in Tata Cleantech Capital Ltd’s (TCCL) green bond issue to help the company expand long-term environment-friendly infrastructure funding. The money raised through green bonds will be […] Read more
NTPC Invites Tenders for Battery Energy Storage System for 17 MW Solar PV Project in South Andaman Updated On Thu, May 11th, 2017 by Saurenergy NTPC in its tender document has mentioned that the scope of work include design, engineering, installation, testing, grid integration with 17 MW solar PV Plant and 33 kV grid, of 6 MW, 24 MWh (at 33KV output throughout life of 25 Years) Battery Energy Storage System. NTPC Ltd. has invited online bids from eligible bidders […] Read more
Maharashtra Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Maharashtra Solar Energy Policy Updates 2017 As per the new proposed changes by Maharashtra Electricity Regulatory Commission (MERC) in July 2017 the new regulations will be called the Maharashtra Electricity Regulatory Commission (Net Metering for Roof-top Solar Photo Voltaic Systems) (First Amendment) Regulations, 2017. Some of the highlights of the proposed changes are as follows: […] Read more
Uttar Pradesh Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Uttar Pradesh Solar Energy Policy Updates 2017 A target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022 has been set by the Government of Uttar Pradesh mentioned in the ‘Draft Solar Power Policy-2017’ for Uttar Pradesh in June 2017. At the time of announcing the policy remains […] Read more
SMARTER SOLAR: How IoT is Revolutionizing Solar Energy Efficiency Updated On Thu, Apr 20th, 2017 by Saurenergy Solar energy is at the forefront of the present-day renewable energy space, making use of the widely abundant and freely available energy of the sun. Globally, solar energy companies have experienced an ever-increasing growth rate. This has resulted in large-scale solar plants with numerous physical assets distributed in remote and wide-spread areas. With such a […] Read more
Half of India’s energy capacity will be from non-fossil fuel sources in 10 years Updated On Wed, Apr 19th, 2017 by Saurenergy If India achieves its target to install 175 GW of renewable energy capacity by 2022 — as committed under the 2015 Paris Agreement — it will not need to install, at least until 2027, any more coal-fired capacity than the 50 GW currently under construction. Non-fossil fuels — renewables, nuclear and large hydroelectric power plants […] Read more
Saudi Arabia Shortlists 27 Companies for Round 1 of National Renewable Energy Program Updated On Tue, Apr 11th, 2017 by Saurenergy World’ top oil exporter Saudi Arabia has shortlisted 27 companies for its solar and wind power projects, as part of the first round of its renewable energy initiative The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has shortlisted a number of companies for the first round […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
