Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific Updated On Wed, Oct 16th, 2019 by Saurenergy UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […] Read more
Government Committed to Providing Energy Security to the Country: Sitharaman Updated On Tue, Oct 15th, 2019 by Saurenergy Finance Minister Nirmala Sitharaman has said that the government is committed to provide energy security to India. “Here is the government which is committed for energy security for India. Energy security, which is not blindly using non-environment friendly sources,” the minister said while addressing the India Energy Forum CERAWeek Summit in Delhi. The third India Energy Forum by CERAWeek […] Read more
Renewables Trump Fossil Fuels in the UK for Q3 2019 Updated On Tue, Oct 15th, 2019 by Saurenergy A new analysis has revealed that renewables generated more electricity than fossil fuels for the entire third quarter in the UK, for the very first time. A new analysis by Carbon Brief has revealed that renewable energy sources like wind farms, solar panels, biomass and hydro plants generated more electricity than the combined output from […] Read more
Risen Energy Wins 150 MW Module Order in Malaysia Updated On Mon, Oct 14th, 2019 by Saurenergy Risen Energy has received an order to provide 150 MW of high-efficiency solar PV modules to power up a power station in Malaysia. Chinese solar panel maker Risen Energy has recently announced the receipt of an order to provide 150 MW of high-efficiency solar PV modules to a power station in Malaysia. The order for […] Read more
India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
Significant Uncertainty Over Growth of Wind Energy in Europe: Report Updated On Fri, Oct 11th, 2019 by Saurenergy There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […] Read more
Hydrogen Could Play a Central Role in Global Energy Transition: IRENA Updated On Fri, Oct 11th, 2019 by Saurenergy Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by IRENA finds. Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that hydrogen from renewable […] Read more
CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
