Efficiency in Focus as MERC Declines Adani Plea On RE Pricing for Mumbai Updated On Mon, Jan 13th, 2020 by Saurenergy The Maharashtra Electricity Regulation Commission, in its order dated January 8 has disposed of the plea by Adani Electricity Mumbai Limited (AEML) on tariff for the renewable energy it planned to purchase to meet the city’s RPO obligations and broader energy needs. The plea by AEML, which pitched for sourcing 700 MW of RE power […] Read more
ADFD Approves Record $105 mn Funding for 8 RE Projects Updated On Mon, Jan 13th, 2020 by Saurenergy ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […] Read more
Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways Updated On Thu, Jan 9th, 2020 by Saurenergy The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […] Read more
MNRE Drafts Scheme for Round-the-Clock Supply of Renewable Power Updated On Fri, Jan 3rd, 2020 by Saurenergy MNRE has issued a new draft policy for the supply of round-the-clock power from renewable energy projects, complemented with thermal power projects to Discoms The Ministry of New and Renewable Energy (MNRE) has issued a new draft policy for the supply of round-the-clock (RTC) power from renewable energy (solar, wind or small hydro) power projects. […] Read more
Installed Renewable Energy Capacity in India now at 84.39 GW: MNRE Updated On Thu, Jan 2nd, 2020 by Saurenergy The installed renewable energy capacity in India had crossed 84 GW mark by the end of November 2019, as per fresh data released by MNRE. The installed and operational renewable energy (RE) capacity in India had crossed 84 gigawatts (GW) mark by the end of November 2019, fresh data released by the Ministry of New […] Read more
Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […] Read more
47.86 GW of Renewable Capacity Installed in India Over Last 6 Years Updated On Fri, Dec 13th, 2019 by Saurenergy RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six […] Read more
India Assures RE Developers of Pro-Business Policies at COP 25 Updated On Wed, Dec 11th, 2019 by Saurenergy The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […] Read more
Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets Updated On Mon, Dec 9th, 2019 by Saurenergy Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […] Read more
