MERC Allows TPSL To Supply Wind Energy From Its Hybrid Plant As A ‘Short-Term Measure’ Updated On Thu, Apr 13th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed TP Saurya Limited (TPSL) to partially supply only wind power from its 300 Megawatt (MW) hybrid Power plants under a separate short-term power supply agreement. The development came when the renewable energy developer petitioned to seek its approval. It had earlier signed a PPA […] Read more
KGAL Investment & Lafarge Cement Polska Join Hands for Two Wind Farms in Poland Updated On Thu, Apr 13th, 2023 by Saurenergy KGAL Investment Management, which claims to be among the first European asset managers in the Polish renewables market, has signed long-term power purchase agreements (PPAs) with Lafarge Cement Polska, a cement producer in Polish market. The two firms have joined hands for the establishment of Krasin and Rywald onshore wind farms, owned by KGAL ESPF […] Read more
In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation Updated On Thu, Apr 13th, 2023 by Saurenergy Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […] Read more
RBI Releases Guidelines To Banks For Acceptance Of Green Deposits Updated On Wed, Apr 12th, 2023 by Saurenergy The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […] Read more
Six Indian States Produced Solar, Wind Energy More Than The Global Average, Says Ember Study Updated On Wed, Apr 12th, 2023 by Saurenergy A recent study report released by Ember, an energy think tank, claimed that wind and solar energy globally reached 12 percent of the world’s electricity share in 2022, from 10 percent in 2021. In India, the joint contribution of wind and solar energy touched nine percent in 2022, with 165 TWh of total clean energy. The report […] Read more
Canadian Solar Announces Big Capacity Expansion Plans Updated On Wed, Apr 12th, 2023 by Saurenergy Canada based global solar equipment conglomerate Canadian Solar Inc. has announced the massive capacity expansion plans of CSI Solar Company Ltd. by the year of 2024. CSI Solar is majority-owned subsidiary of Canadian Solar. “Namely, by the end of Q1 2024, CSI Solar intends to add 30 GW of ingot, 15 GW of wafer, 10 […] Read more
ICRIER Report Bats For Establishing Green State Investment Banks For Clean Tech Financing Updated On Mon, Apr 10th, 2023 by Saurenergy A latest Policy Paper released by the International Council for Research on International Economic Relations (ICRIER), a think-tank on Clean Energy Finance, batted for establishing a green state investment bank (SIB) to finance new clean energy technologies. The think tank released the paper ahead of the G-20 meeting in India to attract its stakeholders on […] Read more
SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities Updated On Mon, Apr 10th, 2023 by Saurenergy With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’. The program sets sights on climate adaptation and mitigation at the center to all […] Read more
ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
