India & Germany To Provide Financial Support to Climate Conservation Projects Updated On Thu, Feb 14th, 2019 by Saurenergy Both India and Germany are in the process of outlining a Comprehensive Climate Change Act, laying down targets of emission reduction for all relevant sectors of the Indian economy. India and Germany have agreed to collaborate on a fund that will provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in […] Read more
SECI Awards 840 MW of its 1200 MW Hybrid Tender Updated On Thu, Feb 14th, 2019 by Saurenergy SECI will now enter into a PPA with the two selected project developers for a period of 25 years. The Solar Energy Corporation of India (SECI) has issued the results of its 1200 MW ISTS-connected wind-solar hybrid power projects (Tranche-I) tender. Two bidders, SBE Renewable Ten Private Limited and Mahoba Solar Private Limited were awarded a […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
Rs 3,584 Crore Released For RE Schemes in FY 2018-19: R K Singh Updated On Wed, Feb 13th, 2019 by Saurenergy A total of 74.79 GW of renewable energy capacity had been installed in the country at the end of December 2018. The government has released Rs 3,584.08 crore as Central Financial Assistance (CFA) for implementing renewable energy schemes by the Ministry of New and Renewable Energy (MNRE) in the financial year 2018-19 so far, power and renewable energy minister R […] Read more
Sign of the times. At Petrotech Expo, PM Speaks About Renewables Updated On Tue, Feb 12th, 2019 by Saurenergy The PM also said that signs of convergence between cheaper renewable energy, technologies and digital applications were also becoming evident. Prime Minister Narendra Modi while addressing the Petrotech Expo said that, globally the perception of energy consumption and supply is changing and nations are coming together to tackle climate change. “Winds of change are evident in the global energy arena. There […] Read more
India May Fall Short of its 100 GW Solar Ambitions: Wood Mackenzie Updated On Fri, Feb 8th, 2019 by Saurenergy India’s installed grid-connected power generation capacity increased 4 percent from January to October 2018 to reach 347 GW. India may fall well short of its 100 GW solar by 2022 target as it faces short-term uncertainty due to the imposition of various taxes, according to research and consultancy firm Wood Mackenzie. Renewables accounted for 9.7 […] Read more
Australia Could Meet Its Paris Agreement Targets 5 Years In Advance : ANU Updated On Fri, Feb 8th, 2019 by Saurenergy Australian National University has found that Australia is installing renewable energy faster than any other country, helping it to meet its entire Paris Agreement emissions reduction targets five years early. According to new research conducted by the Australian National University, the pipeline for new wind and solar photovoltaic (PV) electricity systems in the country is about […] Read more
Greener Buildings in Orissa. Govt to consider Solar Power in Building Laws Updated On Thu, Feb 7th, 2019 by Saurenergy The Department also seeks to make adherence to energy efficient building code mandatory for obtaining the building plan approval in Urban Local Bodies. The state government of Odisha may soon make it mandatory for buildings to install solar panels on rooftops by making a provision in the building plan approval. In support of the new […] Read more
