Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
UK Government Gives £100 million for Renewable Energy Projects in Africa Updated On Tue, Dec 11th, 2018 by Saurenergy The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […] Read more
MNRE asks State Utilities to Issue Wind, Solar Tender Updated On Mon, Dec 10th, 2018 by Saurenergy With most states falling behind their renewable purchase obligation (RPO) targets, MNRE has given out these instructions to state power utilities. Ministry of New and Renewable Energy (MNRE) has instructed state power utilities to issue tenders for solar and wind energy instead of depending on central agencies for meeting their renewable targets. With most states […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more
Ministry of New and Renewable Energy conferred Skoch Award for National Significance Updated On Fri, Dec 7th, 2018 by Saurenergy Ministry of New and Renewable Energy, Government of India has been conferred the Skoch Award for National Significance at an event held recently in New Delhi. The award was received by Secretary, Ministry of New Renewable Energy Shri Anand Kumar. The award has been conferred on the Ministry considering its purpose and critical role played […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
Global Warming May Cause Decline in India’s Wind Power Potential: Study Updated On Thu, Dec 6th, 2018 by Saurenergy However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […] Read more
NEPCO Gets $265 Mn EBRD Loan to Bolster Jordan’s Renewable Energy Updated On Thu, Dec 6th, 2018 by Saurenergy The loan will strengthen NEPCO’s balance sheet through refinancing of existing short-term debt and will fund vitally needed investments to enhance the capability of the grid to absorb and manage renewable power. Multilateral developmental investment lender European Bank for Reconstruction and Development (EBRD) will provide a USD 265 million loan to Jordan’s National Electric Power […] Read more
