Microgeneration and Power Trading – Will it work for India Updated On Thu, Nov 28th, 2019 by Saurenergy At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
Clean Energy Investments in Developing Nations Falls Post Slowdown in China Updated On Tue, Nov 26th, 2019 by Saurenergy A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […] Read more
Startup Feature – Future Generation Technology Updated On Mon, Nov 25th, 2019 by Saurenergy Brief Details Total employees: 10 Turnover: Approx. Rs10 lakhtill FY 2018-19. Key operational areas (Products, Regions, Clients): Solar rooftop installation (Capex, Opex model). Additionally, the company is developing electric vehicle (EV) charging solution powered by solar energy. Founder/Promoter details: Prashant Kumar and Adarsh Rajput. Turning Point for the firm We just two months back finalized […] Read more
Only 266 MW Bids Received for SECI’s 1200 MW Wind Tender As Industry Shies Away Updated On Mon, Nov 25th, 2019 by Saurenergy SECI’s 1200 MW wind tender after receiving only two bids to develop 266 MW capacity has been extended once again. The consequences of poorly thought-through decisions over the past year and more are finally affecting the ‘pipeline’ that Power Minister RK Singh repeatedly refers to when he asserts that all is well with India’s renewable […] Read more
Australia Commits $70 mn to Fast Track Renewable Hydrogen Development Updated On Mon, Nov 25th, 2019 by Saurenergy ARENA has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen in Australia. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen […] Read more
ESB and Equinor to Deliver Potential Offshore Wind Projects Updated On Mon, Nov 25th, 2019 by Saurenergy ESB and Equinor under a new partnership will work to identify suitable sites for new offshore wind farms in Irish waters and work to mature potential future wind projects. ESB has announced that it has entered into a partnership with Equinor, to work to identify suitable sites for new offshore wind farms in Irish waters […] Read more
Offshore Wind Pipeline in Asia-Pacific Excluding China Exceeds 5 GW Updated On Mon, Nov 25th, 2019 by Saurenergy A new report outlines the offshore wind energy pipeline for four key markets in the Asia Pacific region, highlighting the key factors for growth. With a supportive policy framework in place and over 5 gigawatts (GW) of approved projects pipeline that will come online as early as 2025, Taiwan is expected to connect upwards of […] Read more