Rs 30,000 Crore Solar, Wind Plus Pump Storage Project to Come up in Rajasthan Updated On Thu, Mar 18th, 2021 by Saurenergy Rajasthan is all set to develop a Rs 30,000 crore hybrid project with 4.5 GW of wind & solar assets and a 2520 MW pump hydro storage project A leader in renewable energy potential and uptake, the state of Rajasthan is all set to develop a new Rs 30,000 crore hybrid clean energy project that […] Read more
Fast-Track Energy Transitions to Win the Race to Zero Updated On Tue, Mar 16th, 2021 by Saurenergy World Energy Transitions Outlook outlines global strategies towards carbon-neutrality and leads way to a climate-safe 1.5°C pathway by 2050 Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (IRENA). Renewable power, green hydrogen and modern bioenergy will dominate the world […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda Updated On Thu, Mar 11th, 2021 by Saurenergy IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
NCRTC Tenders for 11 MW Rooftop Solar Systems on Delhi-Ghaziabad-Meerut RRTS Corridor Updated On Mon, Mar 8th, 2021 by Saurenergy NCRTC has tendered for 11 MW rooftop solar projects on RESCO Model along its Delhi-Ghaziabad-Meerut RRTS Corridor. The National Capital Region Transport Corporation Ltd. (NCRTC), a joint venture company of the Government of India and participating states (NCT of Delhi, Haryana, Rajasthan, and Uttar Pradesh), which is mandated for implementing the Regional Rapid Transit System […] Read more
India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi Updated On Sat, Mar 6th, 2021 by Saurenergy Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […] Read more
Enel’s First Large-Scale Wind + Storage Hybrid Project Will Support Kellogg Company With Renewable Energy Updated On Sat, Mar 6th, 2021 by Saurenergy Enel, through its US renewable subsidiary Enel Green Power North America, has started construction of Azure Sky wind + storage, its first large-scale hybrid project globally to integrate wind and battery storage at one site. Through a 100 MW virtual power purchase agreement (VPPA), Enel will sell to Kellogg Company a 360 GWh portion of the electricity […] Read more
Renewable Energy Integration is India’s Next Big Challenge: IEEFA Updated On Fri, Mar 5th, 2021 by Saurenergy According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […] Read more