Methane Emissions From Energy Sector Near Record High In 2023, Finds IEA Study Updated On Thu, Mar 14th, 2024 by Saurenergy Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28 climate summit in Dubai, have the potential to put them into decline soon, according to new analysis from the International Energy Agency (IEA). […] Read more
MSEDCL Invites Bids For Procurement From 500 MW Hybrid Projects Updated On Thu, Mar 14th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) invited a long-term bid for procurement from 500 MW Inter/intra-state grid-connected wind-solar hybrid projects. This project has a green shoe option of additional capacity of up to 500 MW through a tariff-based bidding process on the e-Bidding portal to mitigate Renewable Purchase Obligation (RPO). The bid document was […] Read more
JSW Receives LoA For 700 MW ISTS Solar Capacity From SECI Updated On Thu, Mar 14th, 2024 by Saurenergy JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, received Letter of Award (LoA) for Inter-State Transmission System (ISTS) connected solar capacity of 700 MW from Solar Energy Corporation of India Limited (SECI). JSW received this award, against Tariff Based Competitive Bid (TBCB) invited for setting up of 1,500 MW ISTS-connected solar […] Read more
India’s Solar Capacity Crosses 75 GW, Says Latest CEA Report Updated On Thu, Mar 14th, 2024 by Saurenergy The latest data on renewable energy capacity additions released by the Central Electricity Authority (CEA) said that India’s total installed capacity of solar power crossed 75 GW. The data from the government entity said that in the initial two months of 2024, India added a total of 2,257 MW of solar power. The additions are […] Read more
SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
Equinor Commissions 531 MW Brazil Solar Farm Updated On Wed, Mar 13th, 2024 by Saurenergy A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power will be sold on a 20-year USD-denominated power purchase agreement […] Read more
Govt Asks Coal Firms To Increase Adoption Of Solar Power Updated On Tue, Mar 12th, 2024 by Saurenergy Ministry of Coal recently issued directives to coal companies to accelerate the adoption of solar energy solutions. This initiative is undertaken to minimise the carbon footprints of mining. The Ministry of Coal has issued directives to coal companies to accelerate the adoption of solar energy solutions. This includes the installation of rooftop solar panels on […] Read more
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
Neoen Wins 119 MWp Solar Projects In France Updated On Tue, Mar 12th, 2024 by Saurenergy France-based renewable energy company NEOEN has announced that it has been awarded 119 MWp of solar projects in the latest call for tenders held by the French government’s Energy Regulation Commission (CRE). With seven projects ranging from 5 to 30 MWp, Neoen ranks second in terms of capacity awarded in this session and remains, with […] Read more