Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
Rajasthan Move To Use Solar Energy for Water Pilot Project in 200 Villages Updated On Mon, Nov 23rd, 2020 by Saurenergy The move by Rajasthan Renewable Energy Corporation Limited (RRECL) could open up opportunities, and the doors to an integrated role for renewable energy in the central government’s biggest initiative for the coming three years, the Jal Jeevan Mission, that targets to provide safe and adequate drinking water through individual household tap connections by 2024. RRECL […] Read more
KERC Reinstates Tariff of ₹4.79/unit for Adani Green Energy Updated On Sat, Nov 21st, 2020 by Saurenergy The Karnataka Electricity Regulation Commission (KERC) passed two orders in favor of Adani Green Energy Limited’s (AGEL) solar plants of 20 MW each. Both the projects were part of a tender by Karnataka Renewable Energy Development Limited (KREDL) for 290 MW of solar projects for 17 talukas across Karnataka. The distribution companies (DISCOMs) Hubli Electricity […] Read more
IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally Updated On Sat, Nov 21st, 2020 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […] Read more
EESL Appoints Mahua Acharya to Lead its Clean Energy Company ‘Convergence’ Updated On Thu, Nov 19th, 2020 by Saurenergy EESL has appointed Mahua Acharya to lead its new energy company ‘Convergence’ which is focused on delivering clean, affordable and reliable energy. Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings under the Ministry of Power, Government of India, has announced the appointment of Mahua Acharya to lead a new energy company, […] Read more
IEEFA Suggest the Adani Group Should Lead India’s Energy Strategy Updated On Thu, Nov 12th, 2020 by Saurenergy A new report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision A new IEEFA report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision for energy independence and fast-growing reliance on renewables. “The […] Read more
Radiance Renewables Picks Prescinto To Monitor Its Solar Assets Updated On Wed, Nov 11th, 2020 by Saurenergy Prescinto has announced that Radiance Renewables has hired them to be their primary monitoring and performance analytics software partner. Radiance is a developer of cost-efficient, renewable energy solutions for commercial, industrial and residential customers. The Ahmedabad, Gujarat-based Prescinto’s solution to aggregate data from all types of energy sources into one single analytics platform will be […] Read more
New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs Updated On Wed, Nov 11th, 2020 by Saurenergy A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming […] Read more
To Meet Climate Targets, Renewable Investments Need Tripling: Report Updated On Wed, Nov 11th, 2020 by Saurenergy To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […] Read more
