Making Green Hydrogen a Cost-Competitive Climate Solution Updated On Fri, Dec 18th, 2020 by Saurenergy As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Can China Become ‘Carbon Neutral’ by 2060? Updated On Thu, Dec 10th, 2020 by Saurenergy Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
MNRE Offers Clarification on Dispute Resolution Mechanism Provisions Updated On Wed, Dec 9th, 2020 by Saurenergy MNRE has offered clarification on a key provision under the operating guidelines of its Dispute Resolution Mechanism The Ministry of New and Renewable Energy (MNRE) has offered clarification on a key provision under the operating guidelines of its Dispute Resolution Mechanism which has been devised to consider the unforeseen disputes between solar and wind power […] Read more
India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA Updated On Fri, Nov 20th, 2020 by Saurenergy ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […] Read more
MNRE’s October 2020 Report Card For Cabinet Updated On Tue, Nov 17th, 2020 by Saurenergy In its’s monthly report for the union Cabinet, the R.K Singh led MNRE has highlighted key monthly achievements for October this year. While the success with minimising Covid impact has been set off by the lingering issues on other fronts that have caused a slowdown in fresh capacity installation, the MNRE does have a potential […] Read more
Sungrow Adds 95 MWac of PV Installations to Its Kazakhstan Portfolio Updated On Wed, Nov 11th, 2020 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that 95 MWac of 1500V medium-voltage central inverter solutions were operational well in Total Eren’s two solar PV projects in Kazakhstan to fully support the Central Asian renewable ambition. A Closer Look at the Landmark Plants The two solar projects, which are a 75 MWac […] Read more
