“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] Read more
Dutch Development Bank FMO Invests $5 Million in Husk Power Updated On Wed, Oct 7th, 2020 by Saurenergy Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […] Read more
Need for Decreasing Energy Consumption Driving Demand for Smart Solar Solutions Updated On Mon, Oct 5th, 2020 by Saurenergy The focus on renewable energy resources has risen considerably over the years. With the condition of the environment worsening day by day due to the excessive utilization of fossil fuels for energy generation, governments of different countries are now paying attention to renewable energy resources. Moreover, the population across the globe has been increasing at […] Read more
Share of Renewable Energy in India’s Energy mix now at 26%: CEA Updated On Mon, Oct 5th, 2020 by Saurenergy The share of renewable energy in India’s energy mix has increased from 23% to 26% in the April-August period this fiscal, CEA has confirmed. The share of renewable energy in India’s energy mix has increased from 23 percent to 26 percent in the April-August period this fiscal, a senior official at the Central Electricity Authority (CEA) […] Read more
US-India Clean Energy and Climate Cooperation Legislation Introduced Updated On Sat, Oct 3rd, 2020 by Saurenergy Senator Menendez (D-NJ), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of 2020’. Senator Bob Menendez (District of New Jersey), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
India’s RE Push Based on Energy Security and Climate Change: Suresh Prabhu Updated On Thu, Oct 1st, 2020 by Saurenergy India’s focus on renewables will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu has said India’s focus on renewable segments like solar, wind and hydropower will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu said on Wednesday. “The energy and environment are the two sides of the […] Read more
“Green” Credentials of Biomass Energy Challenged by Korean Solar Industry Updated On Mon, Sep 28th, 2020 by Saurenergy Solar developers in South Korea are filing a potentially game-changing lawsuit against their national government (midday Korea Standard Time, 28 September), citing unconstitutional renewable energy subsidies to wood burning that have worsened air pollution, accelerated climate change, and stunted the growth of the Korean solar energy sector. The case represents the first national-level lawsuit challenging […] Read more