Fortum Plans to Foray into more Indian Cities with Higher per Capita Income Updated On Mon, May 20th, 2019 by Saurenergy The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […] Read more
Draft Net-Metering Regulations For Goa and UTs Issued by JERC Updated On Fri, May 17th, 2019 by Saurenergy The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories (UTs) has issued draft net metering regulations. The Regulations shall extend to the state of Goa and the UTs of Andaman and Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Puducherry. And, will be applicable only to […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
EVgo To Run the Largest Fast Charging Network in the US on 100% RE Updated On Tue, May 7th, 2019 by Saurenergy EVgo, the largest public electric vehicle (EV) fast-charging network in the U.S, has announced that it has contracted for 100 percent renewable energy to power its customers, becoming the first EV charging network in the United States to do so. EVgo has contracts with its energy suppliers and renewable energy certificate (REC) partners to ensure […] Read more
US DOE Selects 4 Projects to Develop Next-Gen Wind Turbines Updated On Fri, May 3rd, 2019 by Saurenergy These projects will develop more efficient, smaller, and lighter-weight generators that will lower costs and make wind power more affordable. The U.S. Department of Energy (DOE) has selected four projects totaling up to $8 million in investment from the department to develop next-generation wind turbine drivetrain technologies that will facilitate the continued growth of wind turbines for […] Read more
CERC Extends Validity of RECs Due to Expire Between April and October 2019 Updated On Wed, May 1st, 2019 by Saurenergy Central Electricity Regulatory Commission (CERC) has extended the validity period of RECs which were due to expire between April 1, 2019, and October 31, 2019. The Central Electricity Regulatory Commission (CERC) has, in a big move for the renewable energy generators of solar and non-solar projects in the country who are involved in the trading […] Read more
REC Sales Drop Again, Down 65% in April to 3.68 Lakh Updated On Mon, Apr 29th, 2019 by Saurenergy Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […] Read more
South Korea Steps Away From Coal and Towards Renewables Updated On Thu, Apr 25th, 2019 by Saurenergy The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move away from coal and towards renewable energy. The South Korean Ministry of Trade, Industry and Energy has tabled a new draft energy master plan that increases the nation’s ambition to move […] Read more
Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025 Updated On Wed, Apr 3rd, 2019 by Saurenergy The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […] Read more