South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
IPGCL Issues List of Empanelled Vendors For Capex-B Model Updated On Mon, Mar 25th, 2019 by Saurenergy A total of 14 vendors have been allocated solar capacities worth a total of 4 MW under the capex-B model. The state-owned utility firm, Indraprastha Power Generation Co. Ltd (IPGCL), has issued the list of empanelled vendors under the capex-B category (10 kW TO 100 kW) of its 35 MW solar rooftop tender under the […] Read more
The Sunshine Sector’s Gender Challenge Updated On Mon, Mar 25th, 2019 by Saurenergy Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain Updated On Mon, Mar 11th, 2019 by Saurenergy News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […] Read more
World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE Updated On Tue, Mar 5th, 2019 by Saurenergy The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […] Read more
Saudi Arabia and China To Boost Renewable Energy Cooperation Updated On Mon, Feb 25th, 2019 by Saurenergy Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […] Read more
Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes Updated On Sat, Feb 23rd, 2019 by Saurenergy Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd. “The rating of the proposed notes reflects […] Read more
EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
