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
GoodWe Adds to its Utility Portfolio With Launch of HT Series 1500V PV String Inverter Updated On Thu, Nov 12th, 2020 by Saurenergy On Friday 6 November the Indian solar industry witnessed GoodWe’s nationwide launch of the much anticipated HT Series. The Suzhou-based multinational is widely recognized as a global leader in Commercial & Industrial projects but has recently been adding to its Utility portfolio with larger and more powerful solutions. The event, held at the Pullman resort […] Read more
Investment Firm TRIG Acquires Stake in 714 MW East Anglia One Wind Farm Updated On Thu, Nov 12th, 2020 by Saurenergy TRIG, a London-listed investment company, will acquire a 14.3 percent stake in the 714 MW East Anglia One offshore wind farm from GIG. The Renewables Infrastructure Group Limited (TRIG), a London-listed investment company advised by InfraRed Capital Partners and RES, has announced that it has exchanged contracts to acquire a 14.3 percent indirect equity interest/ […] Read more
Azure Power Posts Q2 2020 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […] Read more
To Meet Climate Targets, Renewable Investments Need Tripling: Report Updated On Wed, Nov 11th, 2020 by Saurenergy To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
EVs Most Practical Vehicle Tech to Tackle Air Pollution in India: TERI Updated On Mon, Nov 9th, 2020 by Saurenergy “Electric vehicles (EVs) are by far the most practical vehicle technology intervention to address rising air pollution in the cities across India.” The Energy and Resources Institute (TERI) has developed the Digital Library on Green Mobility (DLGM) under the India component of the Nationally Determined Contributions (NDC)-Transport Initiative for Asia (TIA) programme. Speaking at the […] Read more
Neoen to Build one of the World’s Largest Batteries in Australia Updated On Fri, Nov 6th, 2020 by Saurenergy Neoen has been awarded a 250 MW grid services contract by AEMO, the services will be provided by Neoen’s future 300 MW Victorian Big Battery, set to become one of the world’s largest batteries. Neoen, one of the world’s leading and fastest-growing producers of renewable energy, has announced that it has been awarded a 250 […] Read more
Adani Power Posts 126% Growth in EBITDA for Q2 2020 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […] Read more
