CEEW Report on Power Job Growths with Green Energy Updated On Tue, Jul 16th, 2019 by Saurenergy A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […] Read more
Power Billing to Move From Postpaid to Prepaid: R K Singh Updated On Tue, Jul 16th, 2019 by Saurenergy India is moving towards a new regime where a power consumer would pay first and then get power supply, Union minister R K Singh has said. India is moving towards a new regime where a power consumer would pay first and then get power supply, which would eventually deal with the issue of non-payment in the sector, […] Read more
Distributed Renewables Could Create 400,000 Jobs in India Updated On Tue, Jul 16th, 2019 by Saurenergy A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […] Read more
Future to be Driven by Clean Mobility Powered with RE: Dr. Ajay Mathur Updated On Mon, Jul 15th, 2019 by Saurenergy The event facilitated the exchange of knowledge and experience and initiated sustainable partnerships in the fields of renewable energy and e-mobility. The future is expected to be driven by clean mobility powered with abundantly available renewable energy (RE), said Dr. Ajay Mathur, Director General, The Energy and Resources Institute (TERI). “If powered by clean energy, […] Read more
4.5 mn People in Africa to Benefit With Off-Grid Power by 2025 Updated On Mon, Jul 15th, 2019 by Saurenergy AfDB has approved an innovative financing program for DESCOs, which would see 4.5 million people in sub-Saharan Africa gain access to solar power by 2025. The Board of Directors of the African Development Bank (AfDB) Group has approved an innovative multinational financing program for Distributed Energy Service Companies (DESCOs), which would see 900,000 households in sub-Saharan […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years Updated On Fri, Jul 12th, 2019 by Saurenergy The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […] Read more
GE Renewable Energy Selected for 220 MW Wind Farm in Poland Updated On Fri, Jul 12th, 2019 by Saurenergy GE Renewable Energy has been selected to power the 220 MW Potegowo Wind Project in Poland. GE Renewable Energy has announced that it will provide 81 onshore wind turbines to power the 220 MW Potegowo Wind Project in Slupsk County, Northern Poland. This is the first project between GE Renewable Energy and Potegowo Mashav. With […] Read more
10 GW RE Capacity Added Under Green Energy Corridor: RK Singh Updated On Fri, Jul 12th, 2019 by Saurenergy India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project, Minister of Power and New and Renewable Energy, R K Singh has confirmed in a written response […] Read more
