Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan Updated On Thu, May 11th, 2017 by Saurenergy Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […] Read more
PM Modi reviews progress of key infrastructure sectors including renewable energy, petroleum, natural gas, power and housing Updated On Tue, May 9th, 2017 by Saurenergy “Remarkable progress has been made in several sectors, including generation of renewable energy, affordable and rural housing, LED bulbs etc.” Prime Minister Narendra Modi on Tuesday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors […] Read more
Navratan Katariya, Founder, Sy-Energy Consultants Updated On Fri, May 5th, 2017 by Saurenergy Navratan fell in love with solar energy much before he joined his electrical engineering in 1980. His first entrepreneurship mode of career introduced some of the first few projects gifted to the Government: from solar pumps, micro-wind hybrid for defense, solar thermal refrigeration for milk chilling and vaccine storage; and a Joint Venture with Daimler […] Read more
China Solar, Wind to Attract $780Bn Investment by 2030: Research report Updated On Thu, May 4th, 2017 by Saurenergy China has pledged to increase non-fossil fuel energy to at least 20 percent of total consumption by the end of the next decade, up from 12 percent in 2015, part of its efforts to tackle air pollution and bring carbon dioxide emissions to a peak by around 2030. China’s wind and solar sectors could attract […] Read more
MoAs signed for first wind auction Scheme ; Another wind auction Scheme for 1000 MW announced Updated On Thu, May 4th, 2017 by Saurenergy The Memorandum of Agreements (MoAs) for purchase of 1000 MW wind power under MNRE’s first wind auction Scheme were signed here today between PTC India, the trading company, and Discoms of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha and Assam. The signing ceremony took place during the two days Conference of Power, New & Renewable Energy […] Read more
Filipino, Chinese Firms Launch Wind and Solar Power Plants Updated On Sun, Apr 30th, 2017 by Saurenergy Filipino and Chinese companies announced $43 million wind and solar power plants that will be built in the northern Philippines. Energy Logics Philippines Inc and Qingdao Hengshun Zhongsheng Group Co, will build a 132-megawatt plant in Burgos and a 100-megawatt facility in Pasuquin, both in Ilocos Norte. “It is the biggest project that a China enterprise […] Read more
Uttar Pradesh Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Uttar Pradesh Solar Energy Policy Updates 2017 A target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022 has been set by the Government of Uttar Pradesh mentioned in the ‘Draft Solar Power Policy-2017’ for Uttar Pradesh in June 2017. At the time of announcing the policy remains […] Read more
Tamil Nadu Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Tamil Nadu Solar Energy Policy Updates 2017 Tamil Nadu became the 21st state to join the UDAY program in January 2017. Distribution company debt of Rs. 304.2 billion (~$4.48 billion) will be taken over by the state government. The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed Rs. 4.50 (~$0.066)/kWh as the new benchmark tariff […] Read more
