Solar now the Leading Source of Renewable Energy in India: MNRE Updated On Tue, Feb 23rd, 2021 by Saurenergy MNRE in its January 2021 report, has detailed that solar, with 38.79 GW installed, is now the leading source of renewable energy in India The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of January 2021, detailing all the events and development that took place during the […] Read more
Torrent Power Bids Rs 555 Cr to Take 51% in D&N Haveli, Daman & Diu Discoms Updated On Mon, Feb 22nd, 2021 by Saurenergy Torrent Power has emerged as the highest bidder for the sale of 51 percent stake in Discoms in the UT of Dadra & Nagar Haveli and Daman & Diu Torrent Power, the Rs 13,641 crore integrated power utility of the Torrent Group has announced that it has emerged as the highest bidder for the sale […] Read more
Fifth Extension for SECI’s EOI for Renewable Solutions in Himalayas Updated On Mon, Feb 22nd, 2021 by Saurenergy SECI issues 5th extension for its call for renewable solutions for meeting energy requirements in remote areas of the Himalayas. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ technology for meeting energy requirements in […] Read more
Renewable Sector Springs Back to pre-COVID Levels in India: CEEW-CEF Updated On Mon, Feb 22nd, 2021 by Saurenergy The renewable energy sector in India has rebounded to pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, per CEEW-CEF The renewable energy sector in India has rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to a new quarterly analysis release by the CEEW-Centre for Energy […] Read more
Approach for Energy Sector has Been Reach, Reinforce, Reform & Renewable Energy: PM Modi Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Stating that the sector plays a big role in the progress of the country and contributes to both ease of living and ease of doing business. In his address, Modi said that […] Read more
Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad Updated On Fri, Feb 19th, 2021 by Saurenergy A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […] Read more
Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets Updated On Wed, Feb 17th, 2021 by Saurenergy An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore Updated On Thu, Feb 11th, 2021 by Saurenergy Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […] Read more