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
MNRE Issues Amended Draft Policy for Promoting DRE Livelihood Applications Updated On Thu, Mar 11th, 2021 by Saurenergy MNRE has issued a revised draft of its policy framework for developing and promoting DRE livelihood applications in rural areas of India The Ministry of New and Renewable Energy (MNRE) has issued a revised draft of its policy framework for developing and promoting Decentralised Renewable Energy (DRE) livelihood applications. The ministry has invited comments/suggestions from […] 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
SSN-COE Team Gets Rs 12 Cr Grant from DST for Solar Ingot Manufacturing Tech Updated On Wed, Mar 10th, 2021 by Saurenergy Researchers at SSN-COE have been awarded a Rs 12 crore grant from the DST, for tech they believe can catalyse India’s solar ingot and wafer manufacturing abilities SSN College of Engineering (SSN-COE), Chennai has announced that a team of its researchers led by Professor P. Ramasamy, Dean (Research) have been awarded a grant of Rs […] 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
Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
Adani Green Commissions 100 MW Gujarat Wind Project Ahead of Schedule Updated On Mon, Mar 8th, 2021 by Saurenergy Adani Green Energy has commissioned a 100 MW wind power plant in Kutch, Gujarat five months ahead of its schedule. AWEKTL, a subsidiary of Adani Green Energy Limited (AGEL), has announced that it has commissioned a 100 MW wind power plant in Kutch, Gujarat five months ahead of its schedule. The 100 MW wind project […] Read more
BSES Rajdhani Wins IGSF Gold Innovation Award for Rooftop Solar Automation Updated On Mon, Mar 8th, 2021 by Saurenergy Power distributer BSES Rajdhani Power Limited (BRPL) has won the Gold Innovation award, presented by The India Smart Grid Forum (IGSF). The power distributor of over 2.4 million customers spread over 21 districts in South and West Delhi has won the award for automation of rooftop solar workflow in their territory. Interestingly, 3,000 customers out […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
