Engie Acquires African Off-Grid Energy Firm Mobisol Updated On Wed, Sep 4th, 2019 by Saurenergy ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […] Read more
MSEDCL Seeks Approval for Procuring 500 MW RE With Storage to Fulfill RPO Updated On Tue, Sep 3rd, 2019 by Saurenergy MSEDCL has filed a petition with MERC for approval on procurement of 500 MW renewable energy with energy storage facility for 25 years The Maharashtra State Electricity Distribution Corporation (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval on procurement of 500 MW flexible and schedulable power from renewable energy […] Read more
Bangladesh Gets $185 mn World Bank Financing for Renewable Energy Updated On Sat, Aug 31st, 2019 by Saurenergy The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […] Read more
Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20 Updated On Wed, Aug 28th, 2019 by Saurenergy Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year […] Read more
West Bengal Planning to Introduce New EV Charging Policy Updated On Mon, Aug 26th, 2019 by Saurenergy West Bengal is planning to introduce a new policy for EV charging stations in the state. West Bengal Urban Development Ministry is planning to introduce a new policy for electric vehicle (EV) charging stations in the state. The state government is also planning to introduce 500 electric buses under the second phase fo the FAME […] Read more
Mono vs Poly – An introspective simulation study Updated On Sat, Aug 24th, 2019 by Saurenergy Solar installations in India have seen an average year-on-year growth of 82% since 2012. With India currently standing at around 28 GW of solar installation and with more than 95% installations utilizing crystalline technology, this trend is not to change in the next few years. To a novice, crystalline solar module comes in two technologies, […] Read more
Up to 85 GW of RE Demand Exists Within US Corporates Through 2030 Updated On Fri, Aug 23rd, 2019 by Saurenergy According to a new report, up to 85 GW of renewable energy demand exists within the largest US companies through 2030 According to a new report from Wood Mackenzie and the American Wind Energy Association (AWEA) on the ‘Commercial and Industrial Wind Energy Demand in the United States’, Wood Mackenzie estimates that up to 85 […] Read more
Environment Ministry Trims Lease Rent on Wind Projects Updated On Fri, Aug 23rd, 2019 by Saurenergy The Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt charged mandatorily from wind power companies. In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry has decided to relax the lease rent of Rs 30,000 per megawatt (MW) charged mandatorily from […] Read more
Gujarat Working on EV Policy, Expects 1 Lakh EVs by 2022 Updated On Thu, Aug 22nd, 2019 by Saurenergy The Gujarat government plans to come out with a policy soon announcing huge incentives for using EVs and aims to have 1 lakh EVs on road by 2022. Powered by the Centre’s cue, Gujarat is expected to charge up its clean-energy push. The state government plans to come out with a policy soon announcing huge […] Read more