Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider Updated On Thu, Apr 22nd, 2021 by Saurenergy Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
New US Law on Climate Change Seeks Bilateral Cooperation With India Updated On Fri, Apr 16th, 2021 by Saurenergy Ahead of the Leaders’ Summit on Climate at the White House on April 22 and 23, to which Prime Minister Modi has also been invited, 10 US senators have introduced the United States Climate Leadership in International Mitigation, Adaptation, and Technology Enhancement Act of 2021 (U.S. CLIMATE Act). The 212-page legislation aims to integrate climate […] Read more
Facebook Ties up With CleanMax for 1st Renewable Energy Project in India Updated On Fri, Apr 16th, 2021 by Saurenergy Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […] Read more
Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA Updated On Fri, Apr 16th, 2021 by Saurenergy Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […] Read more
SECI Issues RfS for 1.2 GW of ISTS Wind-Solar Hybrid Projects Updated On Fri, Apr 16th, 2021 by Saurenergy SECI has issued a tender for setting up ISTS-connected wind-solar hybrid power projects in India, for an aggregate capacity of 1.2 GW. The Solar Energy Corporation of India (SECI) has issued a tender, inviting proposals from eligible bidders for setting up ISTS-connected wind-solar hybrid power projects in India (Tranche-IV), on a Build Own Operate (BOO) […] Read more
Batteries Better Than Gas at Meeting Australia’s Future Peaking Needs Updated On Thu, Apr 15th, 2021 by Saurenergy In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in […] Read more
Statkraft to Build Three Wind Farms Worth 102 MW in Chile Updated On Tue, Apr 13th, 2021 by Saurenergy European renewable energy generator – Statkraft has announced that it will build its first wind farms in Chile, expanding its renewable energy generation capacity in the South American country amid increasing demand for hydro, wind and solar power in the southernmost nation in the world. Combined with the company’s existing hydropower assets, Statkraft will reach […] Read more
