India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Piyush Goyal Launches 3rd ISA Programme on Scalling Up Minigrids and Microgrids Updated On Thu, May 25th, 2017 by Saurenergy Piyush Goyal has urged all the African nations to participate in the International Solar Alliance (ISA) and work towards the of solar energy rich world. Union Minister of State for New & Renewable Energy, Power, Coal and Mines Piyush Goyal has launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
“ISA can act as a medium to achieve universal energy access target set up before 2030”- Shri Piyush Goyal Updated On Thu, May 25th, 2017 by Saurenergy Shri Piyush Goyal, Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy said that International Solar Alliance ( ISA) can act as a medium to spread lessons on energy security which can help achieve universal energy access target set up in SDGs before 2030. He was speaking at the launch of […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Poverty elimination cannot be ensured in Africa without ensuring energy Updated On Wed, May 24th, 2017 by Saurenergy Shri Piyush Goyal launches 3rd ISA programme on ‘Scalling Up Minigrids and Microgrids’ in the annual meeting of African development bank today Union Minister of State for New & Renewable Energy, Power, Coal and Mines Shri Piyush Goyal launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the annual meeting of […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
