Under Ease of Doing Biz prog, MoP unlocks ₹400 cr for RE developers Updated On Mon, Mar 14th, 2022 by Saurenergy The central government has launched a Regulatory Compliance Portal, an online repository of all central- and state-level compliances, to reduce the regulatory compliance burden of citizens and businesses operating in the energy industry, including renewable power. During 2021, the Ministry of Power (MoP) eased compliances related to seventy-nine issues affecting the industry and its consumers. […] Read more
Portugal receives bids from 12 firms for floating solar auction Updated On Tue, Mar 8th, 2022 by Saurenergy The auction for the installation and operation of photovoltaic plants on seven dams in Portugal received 12 competing projects, environment minister João Pedro Matos Fernandes has told Jornal de Negócios. The deadline for submitting applications ended last Wednesday at 23:59, with the period for receiving proposals having run since January 29. Portugal was among the […] Read more
Brazil Crosses 14 GW Solar Capacity Mark Updated On Fri, Mar 4th, 2022 by Saurenergy The installed solar power capacity of Brazil has reached the 14 GW milestone. The announcement of the major achievement was made by ABSOLAR which is a domestic solar power association. Out of the 14 GW solar power presently installed in the South American country, distributed technology installations amount to 9.3 GW. The large-scale solar plants […] Read more
“This fiscal we aspire to achieve 100 billion units in terms of volume”, says Rohit Bajaj, IEX Updated On Mon, Feb 28th, 2022 by Saurenergy Trading in India’s Green Day Ahead Market, ever since it started in October’21, and before that the Green Term ahead market (started in August 2020) has been on a growth path, hitting a high of 280 million units (MU) in January this year. Energy trading accounts for just 6% of the overall power market, with […] Read more
Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
RE Wins at World’s 1st ‘Green’ Olympics Being Held in China: Carbon Brief Updated On Fri, Feb 18th, 2022 by Saurenergy The desire of the leadership in China to showcase clean energy development and make it a part of the country’s international image, while important in itself, is backed by real developments on the ground, finds UK-based Carbon Brief, a platform that specialises in the science and policy of climate change. Established in response to the 2009 Climategate […] Read more
After Becoming EV Nation, Norway Seeks Battery Recycling Crown Updated On Fri, Feb 18th, 2022 by Saurenergy Norway, a country of barely 5.4 million citizens, has shown a commitment to EVs that is quite simply, unmatched in the developing world. It was the country with the most electric vehicles per person in January last year. The European nation has been a frontrunner in the world EV market right through 2021. Even in […] Read more
Chile to Hold 5.25GWh RE Auctions Over Next 15 Years Updated On Thu, Feb 17th, 2022 by Saurenergy The Chilean Energy Regulator (CNE) has launched an auction to provide 5.25GWh of electricity to the national grid. This will take placevover a period of 15 years and the addition of electricity will begin from 2027. The new information has been shared by the Regulator on its website. According to the latest note, the consultation […] Read more
