India Attains COP21 Goal: 40% Pwr Gen Capacity Now Non-Fossil Based Updated On Fri, Dec 3rd, 2021 by Saurenergy India has achieved the target of 40% of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday. At the end of October this year, the Ministry of Power (MoP) reiterated India’s commitment to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by […] Read more
ONGC, SECI to Jointly Develop Renewable Projects Updated On Fri, Dec 3rd, 2021 by Saurenergy To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, […] Read more
L&T, ReNew Partner to focus on Green H2 Biz in India Updated On Thu, Dec 2nd, 2021 by Saurenergy Indian engineering conglomerate Larsen & Toubro (L&T) and green energy company ReNew Power (ReNew) are partnering to jointly develop, own, execute and operate green hydrogen projects in India. S N Subrahmanyan, CEO & MD of Larsen & Toubro, said, “This partnership with ReNew is a significant milestone in the journey towards building a green energy […] Read more
ReNew Power Achieves “Low Risk” on ESG Risk Ratings Updated On Thu, Dec 2nd, 2021 by Saurenergy RE independent power producer ReNew Energy Global has been ranked among the top 10 renewable power companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its environmental, social and governance (ESG) risk exposure, management systems and performance, states the company. Of the […] Read more
Tata Power Solar Bags India’s Largest Solar Storage Project Worth Rs 945 cr From SECI Updated On Thu, Dec 2nd, 2021 by Saurenergy Tata Power Solar Systems Limited (Tata Power Solar), India’s largest integrated solar company and a wholly owned subsidiary of Tata Power, has received Letter of Award (‘LoA’) from Solar Energy Corporation of India Ltd. (SECI) to build 100 MW EPC Solar project along with 120 MWh Utility Scale Battery Energy Storage System (BESS). The total […] Read more
India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum Updated On Tue, Nov 30th, 2021 by Saurenergy Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […] Read more
India At 75 And Beyond. Solar’s Starring Role Updated On Mon, Nov 29th, 2021 by Saurenergy India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […] Read more
Coal India Subsidiary to Set Up 50MW Solar Plant in Odisha at ₹302 Cr Updated On Mon, Nov 29th, 2021 by Saurenergy Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India will set up a 50 megawatt (MW) solar power plant in Odisha’s Sambalpur at a total cost of Rs 301.92 crore, moving steadily towards its goal to achieve carbon neutrality by 2024. MCL has placed a turnkey order to set-up a 50 MW solar power plant […] Read more
