Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF Updated On Wed, Oct 28th, 2020 by Saurenergy The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […] Read more
PM Modi Launches ‘Kisan Suryoday Yojana’ for Farmers in Gujarat Updated On Mon, Oct 26th, 2020 by Saurenergy PM Modi has launched the ‘Kisan Suryoday Yojana’ in Gujarat with the aim of providing 16 hours of power supply to farmers in the state every day. Prime Minister Narendra Modi recently inaugurated 3 key projects in Gujarat through video conferencing. The key project that was launched was the ‘Kisan Suryoday Yojana’, which has been […] Read more
MNRE’s Draft Policy Framework for DRE Open For Comments Till Nov 2 Updated On Wed, Oct 21st, 2020 by Saurenergy In an office memorandum issued on October 19, the MNRE (Ministry of New and Renewable Energy) has issued a Draft Policy Framework for DRE (Distributed Solar Energy) to promote DRE livelihood applications in rural areas of the country. The aim is to provide a conducive environment for the development and large-scale adoption of these applications. […] Read more
JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender Updated On Sat, Sep 26th, 2020 by Saurenergy JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […] Read more
LG Chem to Split Battery Business into new Enterprise Updated On Thu, Sep 17th, 2020 by Saurenergy LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […] Read more
Power Ministry Drafts Rights of Electricity Consumers for the First Time Updated On Wed, Sep 16th, 2020 by Saurenergy The Ministry of Power has announced that it has drafted rules providing for the Rights of Electricity Consumers for the very first time. The Ministry of Power has announced that it has drafted rules providing for the Rights of Electricity Consumers for the very first time. In its notification, the ministry claims the electricity consumers […] Read more
Andhra Govt to go Ahead with DBT of Free Power Scheme for Farmers Updated On Mon, Sep 7th, 2020 by Saurenergy The Andhra Govt has decided to go ahead with the DBT of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. The Andhra Pradesh Government has decided to go ahead with the Direct Benefit Transfer (DBT) of Dr. YSRC free power scheme to farmers, despite heavy criticism from the opposition parties. Energy minister Balineni Srinivas Reddy has […] Read more
Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
