Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog Updated On Thu, Dec 20th, 2018 by Saurenergy Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more
Washington D.C. Sets Aggressive Renewable Energy Targets Updated On Wed, Dec 19th, 2018 by Saurenergy The bill known as Clean Energy DC Omnibus Amendment Act of 2018 sets the target of meeting the energy needs of D.C. with 100% renewable energy by the year 2032. The City Council of Washington D.C. has unanimously voted to make D.C. 100% renewable energy dependent by the year 2032. The bill known as Clean […] Read more
Rajkot Division of Western Railway Awarded for Saving Energy Updated On Mon, Dec 17th, 2018 by Saurenergy The award which is given out by the Bureau of Energy Efficiency and the central government’s Ministry of power, recognizes public and private entities for optimum saving of electricity. Achieving milestones in energy efficiency, the Rajkot Division of Western Railway has received five awards for saving huge amounts on their electricity bills because of using […] Read more
Pakistan Gets 154 MW of Renewable Energy Projects Updated On Sat, Dec 15th, 2018 by Saurenergy Sino Well Private Limited has plans to set up a 50 MW wind farm in Sindh investing $85,4 million in the project. Taking Pakistan on a solar trajectory, four new companies have planned to cumulatively set up 154 MW of renewable energy projects in Sindh and Khyber Pakhtunkhwa with an investment of $200 million. Sino […] Read more
New York Sets Ambitious Energy Efficiency Targets Updated On Sat, Dec 15th, 2018 by Saurenergy The new energy efficiency target for investor-owned utilities will more than double utility energy efficiency progress by 2025. In order to Meet New York’s Clean Energy Goals, Governor Andrew M. Cuomo today announced two initiatives to dramatically increase New York’s energy efficiency and energy storage targets to combat climate change. The new energy efficiency target […] Read more
Australia’s CEFC Invests $72 Mn in Renewables Fund Updated On Fri, Dec 14th, 2018 by Saurenergy This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
