New South Wales Attracts $43 Billion Potential Investments For 17 GW Renewables Updated On Tue, Aug 30th, 2022 by Saurenergy In what could be called as a great show of trust in the renewable sector, the New South Wales (NSW) state government (Australia) has announced that the Illawarra Renewable Energy Zone (REZ) has attracted A$43 billion worth of potential investments in response to a call for expressions of interest for large-scale energy and green manufacturing […] Read more
At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement Updated On Mon, Aug 29th, 2022 by Saurenergy At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […] Read more
IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs Updated On Thu, Aug 25th, 2022 by Saurenergy The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […] Read more
Agri Renewables Can Double Farmer Income, Help RE Targets: NSEFI-IGEF Roundtable Updated On Wed, Aug 24th, 2022 by Saurenergy The ‘National Roundtable on Agri-Renewables in India: A Double Engine Growth Strategy’ was jointly organized by National Solar Energy Federation of India (NSEFI) and Indo German Energy Forum (IGEF -SO) at Indian Habitat Centre, New Delhi. Pranav R Mehta, Chairman, NSEFI, spoke about the “Government of India’s target to become Energy Independent by 2047” and […] Read more
Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy Updated On Tue, Aug 23rd, 2022 by Saurenergy Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] Read more
Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
MP, Rajasthan, Karnataka Lead In Power Subsidies Updated On Mon, Aug 8th, 2022 by Saurenergy According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […] Read more
Madhya Pradesh Hopes To Be Major Energy Exporter Using Green Power Updated On Mon, Aug 8th, 2022 by Saurenergy Madhya Pradesh, one of the states that has managed to shrug off an indifferent renewable record over the past three years to emerge as a renewable hotspot in India, has set a high target for 2030. The state hopes to add 20,000 MW of renewable energy, mostly solar power, to become a significant energy exporter […] Read more
