India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
“ISA can act as a medium to achieve universal energy access target set up before 2030”- Shri Piyush Goyal Updated On Thu, May 25th, 2017 by Saurenergy Shri Piyush Goyal, Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy said that International Solar Alliance ( ISA) can act as a medium to spread lessons on energy security which can help achieve universal energy access target set up in SDGs before 2030. He was speaking at the launch of […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
QOS Energy opens new office in India to meet the growing demand of its customer base Updated On Tue, May 23rd, 2017 by Saurenergy QOS Energy helps utilities, IPPs, O&M service providers and asset managers to maximize return on investment using powerful data-driven decision making tools (KPIs, Dashboards, and Alerts). QOS Energy has announced the opening of a new office in India to meet the growing demand of its customer base and exploit the opportunities offered by the booming […] Read more
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
