Environment Ministry Trims Lease Rent on Wind Projects Updated On Fri, Aug 23rd, 2019 by Saurenergy The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […] Read more
States That Miss UDAY Targets to Face Fund Cuts: R K Singh Updated On Thu, Aug 22nd, 2019 by Saurenergy The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […] Read more
Renewables Still far From Overtaking Coal in Indian Power Sector Updated On Thu, Aug 22nd, 2019 by Saurenergy CIL believes that renewable energy sources are unlikely to overtake coal as the major source of power generation in India any time soon Iterating that renewable energy sources were unlikely to overtake coal as the major source of power generation in India any time soon, state-owned Coal India Ltd said the energy migration would happen “differently” in the country as compared to […] Read more
Payment Dues to RE Firms Climbs to Rs 6872 Crore Updated On Thu, Aug 22nd, 2019 by Saurenergy A new report has revealed that power Discoms across the country owe close to Rs 6872 crore to RE developers in payment dues A new report has revealed that the power distribution companies (Discoms) across the country owe close to Rs 6872 crore to renewable energy developers in payment dues up to August 16, 2019. […] Read more
Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
TN Tenders for Over 40,000 Houses to get SPV Lighting Systems, Madurai to get 1920 Updated On Tue, Aug 20th, 2019 by Saurenergy Tamil Nadu has issued 38 tenders for the supply and installation of LED-based SPV home lighting systems at well over 40,000 homes across multiple districts The state government of Tamil Nadu has issued 38 tenders, inviting bids from eligible vendors for the supply and installation of LED-based Solar Photo Voltaic (SPV) home lighting systems at […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Apparel Brand Gap Signs 90 MW VPPA With Enel Green Power Updated On Mon, Aug 12th, 2019 by Saurenergy Gap has signed a 90 MW VPPA for the Aurora Wind Project with Enel Green Power, marking one of the largest offsite RE contracts by an apparel retailer. Global apparel retailer Gap Inc. has announced that it has signed a 90 MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of […] Read more
Amazon Announces RE Projects Worth 68 MW in Ireland and US Updated On Fri, Aug 2nd, 2019 by Saurenergy Amazon has announced the company’s 65th and 66th renewable energy projects, which will be developed in Ireland and the US. Amazon has announced the company’s 65th and 66th renewable energy projects. The company’s latest renewable energy project in the EU will be located in Cork, Ireland, and will be the second Amazon Wind Farm in the country. Once complete, the new […] Read more
