Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman Updated On Mon, May 22nd, 2017 by Saurenergy “Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline Updated On Wed, May 17th, 2017 by Saurenergy 8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […] Read more
EnSync Energy Signs PPA to Provide Electricity to Residential Development in Hawaii Updated On Fri, May 12th, 2017 by Saurenergy EnSync Energy has signed 20 years PPA solar electricity project for the Kalaeloa Makai Residential Development in Hawaii. EnSync Energy, a leading developer of innovative distributed energy resource (DER) systems and internet of energy (IOE) control platforms for the utility, commercial, industrial and multi-tenant building markets has announced the signing of a power purchase agreement […] Read more
MoAs signed for first wind auction Scheme ; Another wind auction Scheme for 1000 MW announced Updated On Thu, May 4th, 2017 by Saurenergy The Memorandum of Agreements (MoAs) for purchase of 1000 MW wind power under MNRE’s first wind auction Scheme were signed here today between PTC India, the trading company, and Discoms of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha and Assam. The signing ceremony took place during the two days Conference of Power, New & Renewable Energy […] Read more
Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
Manufacturing Units without Electricity Grid Connections Now a Reality Updated On Fri, Apr 28th, 2017 by Saurenergy Consul Neowatt has made setting up manufacturing facilities without electricity grid connections is now a reality. Consul Neowatt, the Global Indian UPS Company and manufacturers of Sunbird solar inverters, the preferred choice of system integrators in India, has announced that setting up manufacturing facilities without electricity grid connections is now a reality. It has successfully […] Read more
Inter-ministerial team to review implementation of the Rs 80,000 crore development package for J&K Updated On Thu, Apr 27th, 2017 by Saurenergy Around Rs 11,708 crore is for power, new and renewable energy. This includes augmentation of power infrastructure and distribution systems, solar power, and small hydro projects A high-level inter-ministerial team will today review implementation of the Rs 80,000 crore development package for Jammu and Kashmir announced by Prime Minister Narendra Modi. Home Minister Rajnath Singh […] Read more
CERC Proposes Levelized Generic Tariff for Select Renewables Updated On Tue, Apr 25th, 2017 by Saurenergy Central Electricity Regulatory Commission has proposed a new levelized generic tariff for selected renewable and project specific for solar PV. The Central Electricity Regulatory Commission (CERC) has proposed a new levelized generic tariff for the purchase of electricity from small hydro projects, biomass with Rankine cycle, non-fossil fuel based co-generation, biomass gasifier and biogas based […] Read more
