Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
970 Government Funded Public EV Charging Station Installed in India so far Updated On Wed, Mar 24th, 2021 by Saurenergy Answering questions on progress made by Power Ministry in establishing the EV charging stations in India, RK Singh has detailed the initiatives of the Power Ministry and that 970 public stations have been installed so far. Answering a question raised in the Rajya Sabha on the progress made by government-backed agencies in establishing the Electric […] Read more
Loans Worth Rs 1.35 Lakh Cr Sanctioned, Rs 46,321 Cr Released to Discoms: RK Singh Updated On Wed, Mar 24th, 2021 by Saurenergy RK Singh has said that so far, loans worth Rs 1.35 lakh cr have been sanctioned and Rs 46,321 cr has been released to Discoms Union Minister for Power and New & Renewable Energy RK Singh has said that so far, loans of Rs 1.35,497 crore (Rs 1.35 lakh crore) have been sanctioned and that […] Read more
Net-Zero Emissions in India Possible by 2050, but Challenging: Report Updated On Wed, Mar 24th, 2021 by Saurenergy A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […] Read more
EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France Updated On Wed, Mar 24th, 2021 by Saurenergy EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […] Read more
Scatec Targeting 15 GW Renewable Capacity by 2025 Updated On Tue, Mar 23rd, 2021 by Saurenergy At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12 […] Read more
H24US Drives the Science of Hydrogen Separation Updated On Tue, Mar 23rd, 2021 by Saurenergy H24US has announced that its advanced polymer membrane technology has the best-known observed performance in selecting hydrogen (selectivity) from other gases with very high throughput (permeability) indicating that this technology is one of the current leaders in this field. This outstanding performance was contrasted to other membranes via direct comparison of published data in an […] Read more
POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
UK and India Working Together To Tackle Climate Crisis: Britain’s Minister Updated On Tue, Mar 23rd, 2021 by Saurenergy After a five-day tour of India, Britain’s Minister of State for South Asia, Lord Tariq Ahmad has said that UK and India are working to expand research and collaboration links to tackle climate change. Speaking on this two-nation partnership, Ahmad stated, “India has quadrupled wind and solar capacity in the last decade and committed to […] Read more