Loans Worth Rs 1.35 Lakh Cr Sanctioned, Rs 46,321 Cr Released to Discoms: RK Singh Updated On Wed, Mar 24th, 2021 by Saurenergy RK Singh has said that so far, loans worth Rs 1.35 lakh cr have been sanctioned and Rs 46,321 cr has been released to Discoms Union Minister for Power and New & Renewable Energy RK Singh has said that so far, loans of Rs 1.35,497 crore (Rs 1.35 lakh crore) have been sanctioned and that […] Read more
Net-Zero Emissions in India Possible by 2050, but Challenging: Report Updated On Wed, Mar 24th, 2021 by Saurenergy A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […] Read more
EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France Updated On Wed, Mar 24th, 2021 by Saurenergy EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […] Read more
Total Solarizes L’Oréal’s First Industrial Site in France Updated On Tue, Mar 23rd, 2021 by Saurenergy Total, through its affiliate Total Quadran, one of the leading renewables players in France, announces the commissioning of the solarization project at L’Oréal’s Vichy production plant. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity produced will cover 33% of the plant’s energy needs, from almost 4,000 […] Read more
BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Updated On Tue, Mar 23rd, 2021 by Saurenergy BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
Winning Bids at Rs 2.20/kWh in First Solar Auction After BCD Announcements Updated On Tue, Mar 23rd, 2021 by Saurenergy The very first solar auction after the Basic Customs Duty announcement on cells & modules has fetched a winning bid of Rs 2.20/kWh in Gujarat. The very first solar auction conducted after the announcement made by the Ministry of New and Renewable Energy (MNRE) of the Basic Customs Duty on Solar Cells and Modules from […] Read more
Adani to Develop Green Hydrogen Projects in India, Partners With Maire Tecnimont Updated On Tue, Mar 23rd, 2021 by Saurenergy Maire Tecnimont and Adani Enterprises will explore the development of industrial projects producing chemicals, ammonia and hydrogen in India Italian conglomerate Maire Tecnimont has announced that it has, through its subsidiaries NextChem, Stamicarbon and MET Development (MET DEV), signed a Memorandum of Understanding (MoU) with Adani Enterprises to explore the development of industrial projects using […] Read more
South Africa Planning RE Investments & 3 Power Ships to Tackle Power Crisis Updated On Mon, Mar 22nd, 2021 by Saurenergy South Africa has announced its new plans to ease the severe electricity crisis in the country, including three offshore power ships, greater use of solar and wind energy, and other renewable energy (RE) investments. Minister of Mineral Resources and Energy Gwede Mantashe, had recently announced eight chosen bidders in the government’s emergency risk mitigation program, […] Read more
