MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender Updated On Sat, Sep 26th, 2020 by Saurenergy JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more
Wind Sector in Southeast Asia Needs $14 Bn in Investments by 2030: WoodMac Updated On Tue, Sep 22nd, 2020 by Saurenergy According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. This is to support the 8.9 gigawatts (GW) of new wind power capacity […] Read more
GE, EDF and Mitsui to Build 87 MW Wind Farm in Morocco Updated On Wed, Sep 16th, 2020 by Saurenergy GE Renewable Energy has been selected by EDF RE and Mitsui & Co to supply equipment for the 87 MW Taza onshore wind farm in Morocco. GE Renewable Energy has announced that it has been selected by EDF RE and Mitsui & Co to supply equipment for the 87 MW Taza onshore wind farm. Twenty-seven […] Read more
751.52 MW of RE Capacity Added in August, Total at 88.65 GW: MNRE Updated On Tue, Sep 15th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for August 2020, revealing that a total of 751.52 MW of RE capacity was added during the month, which took India’s total to 88.65 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for […] Read more
bp Energy Outlook Explores Possible Paths for Global Energy Transition Updated On Mon, Sep 14th, 2020 by Saurenergy The 2020 edition of the bp Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. Looking out to 2050, the Outlook is focused around three main scenarios. In the main scenarios, it considers, global energy […] Read more