Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021 Updated On Fri, Oct 4th, 2019 by Saurenergy Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […] Read more
India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region Updated On Fri, Oct 4th, 2019 by Saurenergy India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […] Read more
Canada, US to Reduce Dependence on China for Lithium and Other Rare Minerals Updated On Tue, Oct 1st, 2019 by Saurenergy Canada is in talks with the US to seek ways for both to reduce their dependence on China for rare earth elements, key minerals for high-tech products Canada is in talks with the United States to seek ways for both to reduce their dependence on China for rare earth elements, key minerals for high-tech products, […] Read more
EBRD, GCF Commit $6.4 mn for Solar Plant in Kazakhstan Updated On Mon, Sep 30th, 2019 by Saurenergy EBRD and GCF are loaning up to USD 6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF), are stepping up their efforts to support renewables in Kazakhstan with a loan of up to […] Read more
Vestas Unveils Orders Worth 185 MW in Greece Updated On Sat, Sep 28th, 2019 by Saurenergy Vestas has announced that it has received orders for 185 MW of wind projects in Greece for 5 wind energy parks that will be developed across the country Vestas has announced that it has received orders for 185 MW of wind projects in Greece. Since Greece began its transition to an auction-based renewable energy system […] Read more
Dominion Energy Acquires Two Solar Projects in Virginia Updated On Sat, Sep 28th, 2019 by Saurenergy Dominion Energy has acquired two solar generating projects worth 95 MW from Savion LLC in Virginia. Dominion Generation, a wholly-owned subsidiary of Dominion Energy, has announced that it has acquired two solar generating projects worth 95 MW from Savion LLC, a subsidiary of Macquarie‘s Green Investment Group. Virginia The facilities are expected to be operational […] Read more
India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal Updated On Fri, Sep 27th, 2019 by Saurenergy India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […] Read more