CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date Updated On Tue, Nov 22nd, 2022 by Saurenergy The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […] Read more
IEA Report: Advancing Decarbonisation Through Clean Electricity Procurement Updated On Thu, Nov 10th, 2022 by Saurenergy A study entitled “Advancing Decarbonisation through Clean Electricity Procurement” has been released by the IEA (International Energy Agency). In recent years, a lot more businesses have made commitments to use clean energy, and many of them have set specific targets to satisfy all or part of their electrical needs with clean energy. These objectives may […] Read more
ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
France’s CMA CGM Creates Special Fund for Shipping Decarbonisation Updated On Wed, Sep 7th, 2022 by Saurenergy French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […] Read more
Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa Updated On Wed, Aug 17th, 2022 by Saurenergy Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […] Read more
Parliamentary Committee Disappointed With Ministry Over Delay In Solar Park Projects Updated On Wed, Aug 3rd, 2022 by Saurenergy Earlier this year, the Government had implemented a slew of schemes to pave the way for the establishment of 50 solar parks of aggregate capacity of 40,000 MW. Needless to say, this would have brought cheer to solar power project developers while taking up the country’s solar power capacity by several notches. A few months […] Read more
Two Indian Agri-energy Organisations Make It To Shortlist For Ashden Awards Updated On Mon, May 30th, 2022 by Saurenergy The Collectives for Integrated Livelihoods Initiatives and Oorja Development Solutions, trailblazing agri-energy organisations working with smallholder farmers in India, have made it to the shortlist for Ashden Awards. This year the awards received 148 applications from across the world. A release by Ashden says, “The Indian initiatives include Collectives for Integrated Livelihoods Initiatives helping tribal […] Read more
ISA Signs Pact With Japan’s JICA, JBIC & NEDO To Develop Solar Energy Updated On Mon, May 23rd, 2022 by Saurenergy The Embassy of Japan in India has announced that a ‘Memorandum of Cooperation’ was signed between the Government of Japan, Japan Bank for International Cooperation (JBIC), Japan International Cooperation Agency (JICA) and the New Energy and Industrial Technology Development Organization (NEDO) and the International Solar Alliance (ISA). According to the official statement, the pact was […] Read more
Maharashtra to Solarise Mhaisal Lift Irrigation Scheme Updated On Fri, May 20th, 2022 by Saurenergy The Irrigation Department of Maharashtra Government has begun to bank on earnest use of renewable electricity to support irrigation for its farmers. In a first of its kind initiative in the state, the Mhaisal Lift Irrigation Scheme will be operated on solar energy. In the irrigation project, the water will be lifted from Krishna River […] Read more
