GUVNL Extends the Bidding Deadline for 1000MW Renewable Power Updated On Sat, Jul 8th, 2017 by Saurenergy The lack of clarity on GST rates has prompted Gujarat Urja Vikas Nigam Ltd to extend extended the deadline for submitting bids for 1000MW solar and wind power supply. Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1000MW solar and wind power supply. The decision has come after prospective […] Read more
Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF Updated On Mon, Jun 19th, 2017 by Saurenergy “Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […] Read more
EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
Unused Green Energy Tests China’s Energy Leadership Updated On Tue, Jun 6th, 2017 by Saurenergy Increasing amounts of that green energy have gone unused as China struggles to integrate wind and solar farms into an outdated and balkanized electricity network dominated by coal. China’s scramble to curb pollution has made it the world leader in renewable energy development, yet increasing amounts of that green energy have gone unused as the […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
Half of India’s energy capacity will be from non-fossil fuel sources in 10 years Updated On Wed, Apr 19th, 2017 by Saurenergy If India achieves its target to install 175 GW of renewable energy capacity by 2022 — as committed under the 2015 Paris Agreement — it will not need to install, at least until 2027, any more coal-fired capacity than the 50 GW currently under construction. Non-fossil fuels — renewables, nuclear and large hydroelectric power plants […] Read more
Hope for Micro Grids Updated On Tue, Apr 18th, 2017 by Saurenergy While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […] Read more
Saudi Arabia Shortlists 27 Companies for Round 1 of National Renewable Energy Program Updated On Tue, Apr 11th, 2017 by Saurenergy World’ top oil exporter Saudi Arabia has shortlisted 27 companies for its solar and wind power projects, as part of the first round of its renewable energy initiative The Renewable Energy Project Development Office (REPDO) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has shortlisted a number of companies for the first round […] Read more
