RBI Releases Guidelines To Banks For Acceptance Of Green Deposits Updated On Wed, Apr 12th, 2023 by Saurenergy The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […] Read more
Green Steel is Getting Greenlighted Around the World Updated On Tue, Apr 11th, 2023 by Saurenergy The steel industry is heavily reliant on fossil fuels. Thus, it goes without saying that it is among the highest carbon emitting industries in the world. This year, however, has begun on a good note with respect to several initiatives aimed at the greening of the industry. Here are some defining moments in the greening […] Read more
Iberdrola to Advance Renewable Energy Projects in Mexico Updated On Thu, Apr 6th, 2023 by Saurenergy Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have joined hands to give a push to renewable energy in Mexico. Iberdrola is a Spanish multinational electric utility company. MIP is an independent Mexican fund manager of alternative investment vehicles, such as promoting energy and infrastructure in Mexico. The announcement about the MoU signed between the two […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Tokyo Electric Power Company Holdings to Develop 1.9 GW Offshore Wind in Scotland Updated On Mon, Mar 27th, 2023 by Saurenergy Just when many conventional energy and power firms of the world go honking for renewables, Tokyo Electric Power Company Holdings (TEPCO) has announced that it will be developing up to 1.9 GW of floating offshore wind energy in Scotland. TEPCO has secured rights to develop two separate floating offshore wind farms and it intends to […] Read more
Network Planning Group under PM Gati Shakti Gives Nod to Infra Project on Renewable Energy Updated On Thu, Mar 23rd, 2023 by Saurenergy At its 45th session, the Network Planning Group (NPG) under PM Gati Shakti reviewed an infrastructure project on renewable energy. The project is for the ISTS (Inter-State Transmission System) for renewable energy project in Ladakh, which is said to be an important one. In 2020, Prime Minister Narendra Modi had revealed about the establishment of […] Read more
“Ultimately, Green Hydrogen Will Drive The Biggest Changes In Energy”, John Grimes, SEC Australia Updated On Wed, Mar 22nd, 2023 by Saurenergy John Grimes leads the Smart Energy Council – Australia as its CEO. The council is an independent body that gives an impetus to the renewables sector in Australia by offering energy solutions. In March this year, John led an over 34 member delegation representing over 29 Australian smart energy firms to India. This visit saw […] Read more
