Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
Oil India Limited Issues EoI for 100 MW Solar Plant Updated On Fri, Jul 19th, 2019 by Saurenergy Oil India Limited has issued an EoI for development of a 100 MW solar power plant in any state under the CPSU scheme. Oil India Limited (OIL), a Navaratna enterprise, has issued an Expression of Interest (EoI) for development of a 100 MW grid-connected solar power plant in any state under the second phase of […] Read more
Transmission Needs Rs 5 Lakh Cr Investment to Meet $5 Trn Economy’s Energy Needs Updated On Thu, Jul 18th, 2019 by Saurenergy According to the estimates, India will be consuming 1.8 trillion units by 2025 as the country’s growth trajectory accelerates, and this requires large investments in the transmission sector, particularly at the state level. In order to fulfill the Prime Minister Modi’s vision of a USD 5 trillion economy over the next few years, it will […] Read more
CAG Calls out West Bengal for Failing to Create Green Energy Fund Updated On Thu, Jul 18th, 2019 by Saurenergy West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report. The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […] Read more
In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
5X Increase in Renewable Jobs in 5 Years- Skills Council Report Updated On Wed, Jul 17th, 2019 by Saurenergy India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in FY18 by utility-scale solar, rooftop solar, and wind […] Read more
Tata Power Partners With NTT Com-Netmagic to Build 50 MW Solar Plant Updated On Wed, Jul 17th, 2019 by Saurenergy NTT Com-Netmagic has partnered with Tata Power to build its first 50 MW solar photovoltaic power plant in Solapur, Maharashtra. NTT Com-Netmagic, a leading Managed Hosting and Multi-Cloud Hybrid IT solution provider in India, has announced a partnership with Tata Power, one of India’s largest integrated power company, to build its first 50 MW Solar […] Read more
EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
Govt Invites Proposals for Deployment of EV Charging Infra Under FAME-II Updated On Wed, Jul 17th, 2019 by Saurenergy The Heavy Industries Ministry has invited proposals from public/private entities interested in developing EV charging infrastructure in India under FAME II The Government of India has recently approved the second phase of the FAME [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] Scheme, for 3 years commencing from April 1, 2019, with […] Read more
