Renewables key to Reaching Zero Emissions in Transport & Industry: IRENA Updated On Mon, Sep 14th, 2020 by Saurenergy Only seven industry and transport sectors will account for 38 percent of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to […] Read more
Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target Updated On Mon, Sep 14th, 2020 by Saurenergy Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […] Read more
India has Attained “One Nation, One Grid, One Frequency”: Nandan Sahai Updated On Mon, Sep 14th, 2020 by Saurenergy Sanjiv Nandan Sahai, Secretary, Ministry of Power, has said that India has already attained the status of “One Nation, One Grid, One Frequency”. Sanjiv Nandan Sahai, IAS, Secretary, Ministry of Power, has recently said that India has already attained the status of “One Nation, One Grid, One Frequency”, and that there are now no constraints […] Read more
Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
ISA to be Implementing Agency for ‘One Sun One World One Grid’ Initiative Updated On Fri, Sep 11th, 2020 by Saurenergy It has now been decided that the ISA will be the implementing agency for carrying out all the activities of the ‘One Sun One World One Grid’ initiative. The Ministry of New and Renewable Energy (MNRE) has announced that regarding its Request for Proposals (RfP) for developing a Long Term Vision, Implementation Plan, Road Map […] Read more
First Real Sign of Recovery; Peak Power Demand Returns to Normal Updated On Fri, Sep 11th, 2020 by Saurenergy The Peak Power Demand has finally found its way back to normal as India touched 174.33 GW demand on September 9, 2020, showing the first real sign of recovery. The Peak Power Demand in India, which has perhaps taken one of the biggest hits that lasted nearly 4-6 months due to the lockdown imposed for […] Read more
New Jersey Opens Solicitations for 2.4 GW Offshore Wind Capacity Updated On Thu, Sep 10th, 2020 by Saurenergy NJBPU has opened the application window for the second solicitation of offshore wind capacity in New Jersey which seeks to award upto 2.4 GW of projects The New Jersey Board of Public Utilities (NJBPU) has voted unanimously to open the application window for the State’s second solicitation of offshore wind capacity. This second solicitation seeks […] Read more
Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT Updated On Thu, Sep 10th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […] Read more
NALCO to Have 223.9 MW Wind Capacity on its RE Portfolio Updated On Thu, Sep 10th, 2020 by Saurenergy NALCO is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to its renewable energy portfolio. The state-backed National Aluminium Company (NALCO) is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to […] Read more
