Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed Updated On Wed, May 8th, 2019 by Saurenergy Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […] Read more
World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […] Read more
Risen Energy Forms Strategic Partnership to Expand Business in Australia Updated On Fri, May 3rd, 2019 by Saurenergy Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […] Read more
Partners in Progress: India Calls Out For Energy Security in Asia Updated On Thu, May 2nd, 2019 by Saurenergy India’s Minister of State for External Affairs V K Singh has called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, the minister urged the Member States […] Read more
Home-Tech Startup Zunroof Secures $1.2 Mn Funding From Godrej Updated On Wed, May 1st, 2019 by Saurenergy Gurgaon-based smart energy solutions provider, ZunRoof has raised a fresh round of pre-Series A funding of $1.2 million from Godrej. The company plans to utilise this round of capital for expansion and further strengthen its product portfolio. According to a statement issued by the company, the funding comes at an integral time for it, as […] Read more
Fortum’s Q1 Profits Hurt by Lower Hydro Volumes Updated On Sat, Apr 27th, 2019 by Saurenergy Finland’s utility Fortum reported its operating profit grew merely by 1 percent to EUR 408 million during the January-March quarter of 2019, on the back of positive effect of improved prices offset by lower hydro volumes. The company has reported an operating profit of EUR 405 million during the same quarter last year. Commenting on […] Read more
Is India’s Price Sensitive Renewables Market Leading to Compromises on Latest Technology? Updated On Tue, Apr 23rd, 2019 by Saurenergy India’s renewables market is quiet price sensitive. Does this sensitiveness lead to compromises on the latest technology front? Here we have taken a quick opinion on this from few industry veterans, see what they say… “Yes, I do agree that India is a price sensitive market due to highly competitive tariffs, and it witnessed continuous […] Read more
