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
This Energy Efficiency Day, Suntuity REI aims to make India an energy independent country Updated On Tue, Oct 6th, 2020 by Saurenergy With the growing environmental hazards due to increasing carbon emission through fossil fuel, it is the need of the hour to resort to sustainable sources of energy like renewable energy. In a country like India, there are still hundreds of villages which are yet to receive electricity. With Energy Efficiency Day round the corner, Suntuity […] 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
CDF and IRENA Partner to Support Energy Transition in the Caribbean Updated On Mon, Oct 5th, 2020 by Saurenergy IRENA has signed an MoU with CDF to support a transition to a low carbon economic development model in the Caribbean Small Island Developing States (SIDS). The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the CARICOM Development Fund (CDF) to support a transition from fossil-fuel dependency to a more resilient […] 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
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] 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
SECI Seeks RE Based Solutions for Energy Needs in Remote Himalayan Areas Updated On Mon, Sep 28th, 2020 by Saurenergy SECI has invited EOI for exploration of RE solutions which can be deployed in hostile climatic conditions for meeting energy needs in remote Himalayan areas The Solar Energy Corporation of India (SECI), has invited Expression of Interest (EOI) from IPP, OEM, Technology Provider, Technology Licenser for exploration/availability of systems/solutions based on Renewable Energy (RE) Sources […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
