“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
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
Power Consumption Grew by Over 13% in First Week of October Updated On Fri, Oct 9th, 2020 by Saurenergy Power consumption in the country recorded double-digit growth in the first week of October at 25.95 BU amid buoyancy in C&I activities. Power consumption in the country recorded double-digit growth in the first week of October at 25.95 billion units (BU) amid buoyancy in industrial and commercial activities. According to the power ministry data, power consumption grew by 13.65 percent from October […] Read more
Renewables get an Early Start on Beating Coal Generation: IEEFA US Updated On Fri, Oct 9th, 2020 by Saurenergy The market window for coal-fired electricity in the US is closing faster than ever in a shift that is especially clear as autumn sets in. From July through October 5, renewables (utility-scale solar, wind and hydropower) generated more electricity than coal in the US on nine days—easily topping the total of five days recorded over […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more
MNRE Amends Bidding Guidelines for Procuring Power From Solar Projects Updated On Thu, Oct 8th, 2020 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based bidding process for the procurement of power from grid-tied solar projects. The Ministry of New and Renewable Energy (MNRE), in a gazette notification, has issued amendments to the guidelines for ‘Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power […] Read more
EBRD to Support Largest Renewable Energy Project in Greece Updated On Thu, Oct 8th, 2020 by Saurenergy Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […] Read more
World’s Most Powerful Rooftop Solar Plant Comes Online in Europe Updated On Thu, Oct 8th, 2020 by Saurenergy PVH Europe has announced the installation of what is believed to be the world’s most powerful (currently operational) rooftop solar system PVH Europe, the global headquarters of Tommy Hilfiger and the European offices of Calvin Klein, both owned by PVH Corp., has announced the installation of what is believed to be the world’s most powerful (currently […] Read more
Dutch Development Bank FMO Invests $5 Million in Husk Power Updated On Wed, Oct 7th, 2020 by Saurenergy Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […] Read more
