Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA Updated On Wed, Oct 24th, 2018 by Saurenergy The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […] Read more
India May Achieve 76% of Renewable Energy Target by 2022, says Report Updated On Tue, Oct 16th, 2018 by Saurenergy Nonetheless, the government’s commitment and support towards renewables remain strong. One of the world’s leading research and consultancy group Wood Mackenzie in its report said that India may achieve about 76 per cent of the target of having 175 GW of renewable power generation capacity by the scheduled date of 2022 as it faces myriad challenges. […] Read more
Punjab Solar Energy Policy Updated On Mon, Oct 8th, 2018 by Saurenergy 1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […] Read more
Punjab Solar Capacity Soars to 920 MW in August 2018 Updated On Fri, Oct 5th, 2018 by Saurenergy The State was having installed capacity of only 9 MW in February, 2012 which has escalated to 920 MW as on August 2018. The Punjab Energy Development Agency (PEDA) during 2nd Global Re-Invest 2018 said in a statement that, across government, we are talking about what is the defining issue of our generation – Climate […] Read more
States invite investors; promise full support to meet renewable targets Updated On Thu, Oct 4th, 2018 by Saurenergy The Chief Minsters’ Plenary Session at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy Investors Meet & Expo saw representatives of Himachal Pradesh, Puducherry, Andaman & Nicobar Islands and Uttar Pradesh sharing the renewable energy policy initiatives implemented by these states and their vision for capacity expansion. The session was moderated on October, 3, 2018 […] Read more
Reverse Bidding to Continue in Renewable Energy Sector, says R K Singh Updated On Wed, Sep 26th, 2018 by Saurenergy “We will accept bids which are reasonable. If we come across bids which we consider to be excessive, we will cancel them,” the Minister said. The Power and New & Renewable Energy Minister R K Singh said that the government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct […] Read more
India to Fetch 18% Power from Renewable Energy by 2022: Moody’s Updated On Tue, Sep 25th, 2018 by Saurenergy Moody’s report also suggested that India as an aggressive seeker of reliance on the renewable energy segment is taking positive steps to align its power generation mix with its Nationally Determined Contribution (NDC) commitments under the Paris Climate Agreement. India’s installed renewable energy capacity might contribute 18 percent of the total electricity generation mix by the year […] Read more
