MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel Updated On Mon, Dec 9th, 2019 by Saurenergy MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
Invenergy, EPM Sign Renewable Deal for 400 MW Capacity in Colombia Updated On Fri, Nov 29th, 2019 by Saurenergy EPM has signed a strategic agreement with Invenergy to develop and build at least 400 MW of solar and wind projects in Colombia over the next 6 years. Colombian power utility Empresas Publicas de Medellin (EPM) has announced that it has signed a strategic agreement with US-based Invenergy to develop and build at least 400 […] Read more
Engie EPS Supplies 5 MW Storage Solns for RE Project in New Caledonia Updated On Wed, Nov 27th, 2019 by Saurenergy Engie EPS, an arm of Engie Group and a specialist in the microgrids and storage solutions, has supplied its storage system of 5MWh for the renewable energy project in New Caledonia. The company has supplied its energy storage solutions to EEC Engie, an arm of Engie Group, for the ‘Lifou 100 percent Renewable Energy by 2020’ […] Read more
Clean Energy Investments in Developing Nations Falls Post Slowdown in China Updated On Tue, Nov 26th, 2019 by Saurenergy A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […] Read more
Renewables to Surpass Coal in US by 2021, Says IEEFA Updated On Mon, Nov 25th, 2019 by Saurenergy In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […] Read more
Asia Pacific’s Clean Energy Bill to hit $3.5 Trillion by 2040 Updated On Mon, Nov 18th, 2019 by Saurenergy New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydropower, collectively referred to as zero-carbon energy between now and 2040, under […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
Railways Tenders for Procurement of Power From Hybrid Projects Updated On Wed, Oct 30th, 2019 by Saurenergy The Indian Railways has issued an RfS, inviting bids from eligible parties to procure power from wind and solar hybrid projects. The Railway Energy Management Company (REMCL), on behalf of the Indian Railways, has issued a Request for Selection (RfS), inviting bids from eligible parties to procure power from wind and solar hybrid projects. The […] Read more