India Remains Committed to Climate Change as Per Own Values and Requirements: G20 Summit Updated On Mon, Jul 10th, 2017 by Saurenergy India to be committed to issues of climate change as per its own values and requirements, though will need some more time to process entirely to clean fuel. India has said that it remains committed on the issue of climate change “as per its own values and requirements”; days after the US announced its decision […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Philips Lighting secures renewable energy certificates in the Gulf region Updated On Wed, Jul 5th, 2017 by Saurenergy Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […] Read more
Piyush Goyal launches POSOCO-IMD Weather Portal and Web Portal ‘MERIT’ Updated On Sat, Jun 24th, 2017 by Saurenergy The information available on the POSOCO-IMD Weather Portal regarding weather forecast shall help State Discoms to take pro-active steps regarding short term and medium term management processes and supply planning requirements and also for better planning for infrastructure availability to ensure cost effective and reliable supply. Power, Coal, New & Renewable Energy and Mines Minister […] Read more
Over 3 Lakh workers will be employed by 2022 to achieve India’s solar and wind energy targets Updated On Thu, Jun 22nd, 2017 by Saurenergy Solar and wind energy employed more than 21,000 people in India in 2016-2017, and are expected to employ an estimated 25,000 people or more in the following year A recent report from Council on Energy, Environment and Water (CEEW) and Natural Resources Defence Council (NRDC) notes that over 300,000 workers will be employed in the […] Read more
Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF Updated On Mon, Jun 19th, 2017 by Saurenergy “Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […] Read more
Wind, Solar Power Could Overpower Political Winds: Deloitte Study Updated On Thu, Jun 15th, 2017 by Saurenergy “Green energy no longer solely means environmental concerns, ‘green energy’ also means the dollars that can be saved by investing in wind, solar and other clean energy sources.” According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress” report the demand for renewable energy by consumers and businesses – along with a […] Read more
India’s installed renewable energy capacity crosses 57GW mark Updated On Wed, Jun 14th, 2017 by Saurenergy India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country India is staying true to its ambitious renewable energy targets by showing a steady growth in renewable energy installations in the country, which as of April 2017 account for 17.5 percent of the […] Read more
UK Hits Clean Energy Milestone, Generates 50.7% of Electricity from Renewable energy Sources Updated On Mon, Jun 12th, 2017 by Saurenergy Britain made another history on the eve of Election Day, when power from wind, solar, hydro and wood pellet burning supplied 50.7 per cent of the UK’s total energy consumption on Wednesday Britain made another history on the eve of Election Day, when power from wind, solar, hydro and wood pellet burning supplied 50.7 per […] Read more