Distributed Renewables Could Create 400,000 Jobs in India Updated On Tue, Jul 16th, 2019 by Saurenergy A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […] Read more
Government to pay Damages to Consumers for Load Shedding Updated On Mon, Jul 15th, 2019 by Saurenergy R K Singh has confirmed that the aim of the Government is to have “One Nation One Grid” and that it will pay damages to consumers in case of load shedding. Union Minister for Power and New and Renewable Energy, R K Singh has said that the aim of the government is to have “One […] Read more
Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat Updated On Fri, Jul 12th, 2019 by Saurenergy Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […] Read more
Sungrow Reaches 4 GW Milestone in Indian Market Updated On Thu, Jul 11th, 2019 by Saurenergy Sungrow has announced that its performance in India has reached 4 GW, becoming a major contributor to the decarbonisation of fast-growing Indian economy. Sungrow, a global leading inverter solution supplier for renewables, has announced that the Company’s performance in India has reached 4 GW, establishing it as a major contributor to the decarbonisation of fast-growing […] Read more
CERC Approves NTPC License for Inter State Trading of Electricity Updated On Thu, Jul 11th, 2019 by Saurenergy CERC based on materials on record and its finding has directed that NTPC be issued a Category ‘I’ license for inter-State trading in electricity in India. The Central Electricity Regulatory Commission (CERC) in May had approved the application filed by NTPC Ltd. to grant the PSU with an electricity trading license in the country. The […] Read more
Vattenfall and ORE Catapult Launch £1.5 Mn Offshore Testing Programme Updated On Wed, Jul 10th, 2019 by Saurenergy A new £1.5 million programme from Vattenfall and ORE Catapult is offering testing for products and services for the offshore wind market A new £1.5 million programme from Vattenfall and ORE Catapult is offering UK innovators that are developing products and services for the offshore wind market the opportunity to test and demonstrate them on […] Read more
EIB, Amundi Launch €1Bn Financing Program for European Energy Transition Updated On Wed, Jul 10th, 2019 by Saurenergy Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […] Read more
Global Wind Capacity to Grow by 60% Over Next 5 Years Updated On Tue, Jul 9th, 2019 by Saurenergy Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more