CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more
GE Renewable Energy Bags 132.5 MW Turbine Order in Brazil Updated On Thu, Oct 10th, 2019 by Saurenergy GE Renewable Energy has announced that it has signed an onshore wind contract with EDF Renewables in Brazil. This deal for GE’s Cypress platform (the company’s largest onshore wind turbine) is also its first contract with EDF Renewables in the country. GE will be responsible for the production and delivery of 25 turbines, which will […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
MNRE Nudges CPSEs to Give Priority to Renewable Energy Investments Updated On Wed, Oct 9th, 2019 by Saurenergy CPSEs have been asked by MNRE to prioritise renewable energy projects in their investment plans, as part of larger efforts to reduce carbon emission. All central public sector enterprises (CPSEs) have been asked by the Ministry of New and Renewable Energy (MNRE) to prioritise renewable energy projects in their investment plans, as part of larger efforts […] Read more
Fortum Gets Award for Renewable Energy Promotion in Russia Updated On Mon, Oct 7th, 2019 by Saurenergy This event was a part of the Russian Energy Week, an international forum in Moscow, and is supported by the Russian Ministry of Energy. Finnish state-owned energy company Fortum has been awarded with a prize in MediaTEK, a national contest for communications and media in the energy sector, for building awareness for renewable energy development […] Read more
58/100. India’s Likely Target Achievement on renewables in 2022 Updated On Mon, Oct 7th, 2019 by Saurenergy A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are tied , when it comes to sustaining the […] Read more
India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region Updated On Fri, Oct 4th, 2019 by Saurenergy India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […] Read more
