WWF Report on Renewable Energy Demand in India: Corporate Buyer’s Perspective Updated On Fri, Jun 7th, 2019 by Saurenergy The corporate sector accounts for about 50 percent of total electricity consumption in India. The sector, therefore, has a critical role to play for India to achieve its ambitious renewable energy targets of 175GW installed capacity by 2022. The electricity sector has transformed rapidly with a substantial fall in renewable energy prices (solar and wind […] Read more
MSEDCL Tenders For 1 GW Solar Power to Fulfil RPO Commitments Updated On Fri, Jun 7th, 2019 by Saurenergy MSEDCL has issued an RfS, seeking bids from eligible bidders for the procurement of 1 GW of solar power on a long-term basis from grid-connected projects. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a Request for Selection (RfS), seeking bids from eligible bidders and projects for the procurement of 1 GW of […] Read more
Energy Reforms Crucial For Re-elected Indian Govt: Report Updated On Thu, Jun 6th, 2019 by Saurenergy Further energy reforms are necessary for the newly re-elected Govt of India to meet its target of 275 GW from renewable energy sources by 2027. Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to […] Read more
Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report Updated On Wed, Jun 5th, 2019 by Saurenergy Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Mahindra Susten and Mitsui to Co-Develop Solar Plants in India Updated On Tue, Jun 4th, 2019 by Saurenergy Mahindra Susten and Mitsui have announced plans to co-develop and operate solar power projects in India. Mahindra Susten, the renewable energy arm of the Mahindra group, has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy […] Read more
News Flash. No Disruptions in Renewables Ministry, as R.K. Singh Retains Portfolio Updated On Fri, May 31st, 2019 by Saurenergy With the final list of ministers and their allocations finally out, the Indian renewable energy industry would have heaved a sigh of relief to see that no major faces are being changed. Shri R.K. Singh, who was handling the MNRE Ministry and Power Ministry earlier too, comes back as the Minister of State (Independent Charge) […] Read more
Shri RK Singh takes charge of the Ministries of the Power and New & Renewable Energy Updated On Fri, May 31st, 2019 by Saurenergy Shri RK Singh took over as the Union Minister of State (IC) for Power and New & Renewable Energy here, today. He was greeted at the office by Shri Ajay Kumar Bhalla, Secretary, Power and Shri Anand Kumar, Secretary, MNRE along with the senior officials of the Ministries. Briefly interacting with the media after taking […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more