21 IORA Countries adopt the Delhi Declaration on Renewable Energy; To Collaborate with ISA Member Countries Updated On Thu, Oct 4th, 2018 by Saurenergy As many as 21 countries in the Indian Ocean Rim Association (IORA) today adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region, post the 2nd IORA Renewable Energy Ministerial Meeting held at the 2nd Global Re-Invest India-ISA Partnership Renewable Energy Investor’s Meet & Expo in Greater Noida. The Delhi Declaration on Renewable […] Read more
Financers, Bankers and Economists Discuss Measures to Improve Financing for Renewable Energy Projects; Laud India’s Achievements in Renewable Energy Updated On Thu, Oct 4th, 2018 by Saurenergy Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2nd Global RE-Invest India-ISA Partnership Renewable Energy […] Read more
States invite investors; promise full support to meet renewable targets Updated On Thu, Oct 4th, 2018 by Saurenergy The Chief Minsters’ Plenary Session at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy Investors Meet & Expo saw representatives of Himachal Pradesh, Puducherry, Andaman & Nicobar Islands and Uttar Pradesh sharing the renewable energy policy initiatives implemented by these states and their vision for capacity expansion. The session was moderated on October, 3, 2018 […] Read more
India-Spain Trade to Surge 20% Yearly till 2023; Good Scope in Renewable Energy Updated On Sat, Sep 29th, 2018 by Saurenergy The bilateral trade between both the countries is around $6 billion presently. A spate of visits shared by Spain and India has led to an increasing number of bilateral trade ties among the countries. Spanish Ambassador to India, Jose R Baranano said he expected his country’s bilateral trade with India would increase on an average of 20 […] Read more
World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally Updated On Fri, Sep 28th, 2018 by Saurenergy Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […] Read more
India’s Renewable Energy Addition Falls Almost 20% YoY: Report Updated On Thu, Sep 27th, 2018 by Saurenergy According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […] Read more
Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Reverse Bidding to Continue in Renewable Energy Sector, says R K Singh Updated On Wed, Sep 26th, 2018 by Saurenergy “We will accept bids which are reasonable. If we come across bids which we consider to be excessive, we will cancel them,” the Minister said. The Power and New & Renewable Energy Minister R K Singh said that the government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct […] Read more
India to Fetch 18% Power from Renewable Energy by 2022: Moody’s Updated On Tue, Sep 25th, 2018 by Saurenergy Moody’s report also suggested that India as an aggressive seeker of reliance on the renewable energy segment is taking positive steps to align its power generation mix with its Nationally Determined Contribution (NDC) commitments under the Paris Climate Agreement. India’s installed renewable energy capacity might contribute 18 percent of the total electricity generation mix by the year […] Read more
