TN Gets Fresh Influx of Investments in Areas Including Solar Manufacturing Updated On Tue, Jul 21st, 2020 by Saurenergy Tamil Nadu has signed eight new MoUs that bring with them investments worth Rs 10,399 crore in areas including solar cells and modules manufacturing. The state government of Tamil Nadu, on July 20, 2020, has announced the signing of eight new Memorandum of Understandings (MoU) that bring with them investments worth Rs 10,399 crore in […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA Updated On Wed, Jul 15th, 2020 by Saurenergy New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […] Read more
8 GW Project On Offer In NSW, Australia, After Success with May 3 GW Project Updated On Tue, Jul 14th, 2020 by Saurenergy New South Wales, whose state capital Sydney is the largest financial and commercial centre in Australia, has announced its second 8 GW Renewable Energy Zone (REZ). the new announcement follows the success the state had with it first such zone, that was announced in May this year was for a capacity of 3 GW, and […] Read more
L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB Updated On Wed, Jul 8th, 2020 by Saurenergy L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects Updated On Tue, Jul 7th, 2020 by Saurenergy EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
Tucson Electric Mulls to Supply 70% Electricity via Renewable to achieve CO2 Reduction Targets Updated On Sat, Jun 27th, 2020 by Saurenergy In a significant development, Arizona-based electric utility company, Tucson Electric Power (TEP), is mulling to supply over 70 per cent of its electricity from wind and solar energy resources. The move is seemed to be as part of its clean energy plan in which it is targeted to trim 80 per cent of its carbon […] Read more
