India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Rise To Establish Largest Power Plant Of New York As An RE Hub Updated On Mon, Jul 18th, 2022 by Saurenergy Rise Light & Power has revealed that it has set sights on the redevelopment of the Ravenswood Generating Station, which is New York City’s largest power generator, into a new renewable energy hub. This initiative will aid the city to reach its nation-leading climate goals. The conversion of the plant will also help the city […] Read more
Two RWE Projects Selected For EU Innovation Fund Grants Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy player RWE has said that two of its innovative projects have been pre-selected for funding by the EU Innovation Fund. The fund is claimed to be one of the world’s largest programmes for demonstrating innovative low-carbon technologies. These are RWE’s FUREC project in the Netherlands and an offshore wind farm off the German […] Read more
Pipeline Infrastructure And DNV Collaborate To Integrate Hydrogen In India Updated On Thu, Jul 14th, 2022 by Saurenergy Norway-based independent energy expert and assurance provider, DNV has announced its collaboration with gas transportation company Pipeline Infrastructure Limited (PIL). Through this partnership, DNV will offer technical guidance and assistance to Pipeline Infrastructure Limited (PIL) regarding the integration of blended H2O into its gas trunkline assets in India, which include transmission pipelines, interconnects, spur lines, […] Read more
US And Australia Ink New RE Pact To Break China’s Stranglehold Updated On Thu, Jul 14th, 2022 by Saurenergy The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […] Read more
Tata Power’s 600 MW Hybrid Tender Work A Step Closer To Start With Grant OF LOA Updated On Thu, Jul 14th, 2022 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Solar Energy Corporation of India (SECI) for setting up a 600 MW hybrid (wind and solar) power project in Karnataka. The letter was awarded through tariff-based competitive bidding followed by an e-Reverse auction. The project will be […] Read more
MPPMCL Issues Tender for Carbon Credits From Solar Rooftop in Madhya Pradesh Updated On Wed, Jul 13th, 2022 by Saurenergy Madhya Pradesh Power Management Company Limited (MPPMCL) has floated an e-tender for trending carbon credits from solar rooftop projects in Madhya Pradesh. This tender has included the appointment of consultants for validation, registration, verification, issuance, and trading of carbon credits from solar rooftop projects. The interested bidder can participate in the bidding process through an […] Read more
IREDA CMD Sees Potential For a Million Renewable Jobs By 2030 Updated On Wed, Jul 13th, 2022 by Saurenergy Pradip Kumar Das, the Chairman & Managing Director at IREDA (India Renewable Energy Development Agency), one of the earliest and largest renewables focused financial institution, said one can anticipate a million jobs in the renewable energy sector by 2030. Das was speaking at a programme on Renewable Energy Management for cooperatives organised by the Centre […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
