PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding Updated On Wed, Sep 23rd, 2020 by Saurenergy PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […] Read more
Policy Incentives are Crucial for Energy Storage in India: IESA Updated On Wed, Sep 23rd, 2020 by Saurenergy The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more
Wind Sector in Southeast Asia Needs $14 Bn in Investments by 2030: WoodMac Updated On Tue, Sep 22nd, 2020 by Saurenergy According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. This is to support the 8.9 gigawatts (GW) of new wind power capacity […] Read more
Tata Power’s 200 Microgrids to be Ready by 2021 Updated On Mon, Sep 21st, 2020 by Saurenergy TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […] Read more
How World Record Low Solar Prices Moved Out of India Updated On Sat, Sep 19th, 2020 by Saurenergy Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […] Read more
Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline Updated On Sat, Sep 19th, 2020 by Saurenergy Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […] Read more
Verizon Prices Second Green Bond, to Fund Renewable PPAs Updated On Sat, Sep 19th, 2020 by Saurenergy Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […] Read more
UP Govt Working on Installation of 8000 Solar Borewells in the State Updated On Fri, Sep 18th, 2020 by Saurenergy The UP Government plans on installing 8,000 solar-powered borewells in the state, almost 35 percent of them would come up in the Purvanchal district. The State Government of Uttar Pradesh (UP) has announced that it plans on installing 8,000 solar-powered borewells in the state in the coming days. As per the details provided almost 35 percent […] Read more
