MNRE Invites Suggestions for Centralised Tendering of 4.5 Lakh Solar Pumps Under KUSUM Scheme Updated On Thu, Sep 24th, 2020 by Saurenergy MNRE has invited suggestions for centralised tendering for the current year target of 4.5 lakh standalone solar pumps under the KUSUM Scheme. The Ministry of New and Renewable Energy (MNRE) in a new notification has proposed to soon initiate the centralised tendering process for the current year target of 4.5 lakh standalone solar pumps under […] Read more
PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding Updated On Wed, Sep 23rd, 2020 by Saurenergy PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more
Tender for 25 MW Canal top Solar Plants in Karnataka Issued Again Updated On Tue, Sep 22nd, 2020 by Saurenergy SSCL has issued its tender for 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka for a second time. The Shivamogga Smart City (SSCL) has issued its tender, inviting bids from eligible firms, for setting up of 25 MW solar PV power plants on the Upper Tanga […] Read more
Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in Updated On Tue, Sep 22nd, 2020 by Saurenergy Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […] Read more
AIPEF Urges Modi to Consider Objections Raised Against Electricity Bill Updated On Tue, Sep 22nd, 2020 by Saurenergy AIPEF has written to the Prime Minister, urging him to consider the objections raised by the stakeholders on Electricity (Amendment) Bill 2020. The All India Power Engineers Federation (AIPEF) has written to the Prime Minister, urging him to consider the objections raised by the stakeholders on Electricity (Amendment) Bill 2020, and not to rush to make the proposed changes […] Read more
Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
Verizon Prices Second Green Bond, to Fund Renewable PPAs Updated On Sat, Sep 19th, 2020 by Saurenergy Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […] Read more