Five Years After Paris Agreement, Slow Progress On RE Commitments- IRENA Updated On Tue, Mar 16th, 2021 by Saurenergy The International Renewable Energy Agency has released a report including updates on renewable energy and climate change pledges after five years of the Paris Agreement. With the adoption of the Paris Agreement on 12 December 2015, nearly all countries around the world agreed to keep the rise in the average global temperature well below 2 […] Read more
GWEC: 22 GW Wind Power Additions in North, Latin America In 2020 Updated On Mon, Mar 15th, 2021 by Saurenergy A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report Updated On Thu, Mar 11th, 2021 by Saurenergy An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […] Read more
Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra Updated On Wed, Mar 10th, 2021 by Saurenergy Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […] Read more
Weak Performance in Rooftop Solar a Growing Concern Updated On Wed, Mar 10th, 2021 by Saurenergy Against the overall target of 40 GW rooftop solar by 2022, an aggregate capacity of 3.73 GW has been installed as of January 31, 2021. The National Institute of Solar Energy (NISE) has estimated a rooftop solar potential of 42.83 GW in India. Based on this estimation, the central government had set a highly ambitious […] Read more
Parliamentary Panel Blames MNRE of Poor Financial Planning in Vital Sector Updated On Tue, Mar 9th, 2021 by Saurenergy The parliamentary panel has stated that the low utilisation of even decreased allocated amounts is symptomatic of poor financial planning by MNRE The Standing Committee on Energy recently presented its ‘Demand for Grants 2021-22’ report for the Ministry of New and Renewable Energy (MNRE) in the parliament. Based on its findings and observations, the parliamentary […] Read more
Danish Firm Halder Topsoe Fires First Salvo In Green Hydrogen Manufacturing Updated On Tue, Mar 9th, 2021 by Saurenergy The Catalyst Manufacturer has claimed that its upcoming facility to build electrolysers will cut the cost of Green Hydrogen by 20 percent Green Hydrogen has started attracting some serious attention across the world now, with experts putting down a price of anything between $1.5 to $2 as the inflection point that will make it a […] Read more
Total Wins 50 MW Solar Projects in Latest French Tender Updated On Tue, Mar 9th, 2021 by Saurenergy Fuel, natural gas, and electricity provider, Total Group has been awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender, through its renewable energy subsidiary in France, Total Quadran. “Total thus confirms its position as number 1 in solar development in France with close to […] Read more
