With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
Budget 2022. Keep Up The Good Work, Says FM To RE Sector Updated On Tue, Feb 1st, 2022 by Saurenergy In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […] Read more
2020 Champion, Vietnam Offers a Cautionary Tale On Renewable Growth Updated On Fri, Jan 28th, 2022 by Saurenergy Just when Vietnam has emerged on the global map as a ‘solar hotspot,’ after a stupendous 2020, the government has declared that no solar energy will be added in 2022 as the grid system is failing to accommodate the solar power produced. Vietnam may not repeat the success of yesteryears but there is credible evidence […] Read more
Vistra Announces Expansion Of California Storage Facility To 3000 MWh Updated On Tue, Jan 25th, 2022 by Saurenergy Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage capacity already at the site. On Jan. 21, 2022, PG&E filed its application with the California Public Utilities Commission (CPUC) […] Read more
Agrivoltaics Make Their Case For India Updated On Tue, Jan 25th, 2022 by Saurenergy It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […] Read more
Renew Power Ends Search For Storage Partner In JV With Fluence Updated On Thu, Jan 20th, 2022 by Saurenergy Fluence and ReNew power are set to set up local joint venture to boost energy storage sector in India – The new company will provide energy storage solutions to a diversified customer base in the Indian energy market, powered by Fluence’s global experience and ReNew’s pioneering role in the sector. The JV’s first customer will […] Read more
CESL Launches Massive 5500 cr Tender For Electric Buses Updated On Thu, Jan 20th, 2022 by Saurenergy Giving a big thrust to the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), today announced the floating of a request for proposals for the biggest ever demand for electric buses, under the ‘Grand Challenge’ – a set of homogenized […] Read more
Aussie Solar Start Up 5B Feels the Need for Speed: ARENA Updated On Wed, Jan 19th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $14 million in funding for 5B to accelerate the automation of its innovative utility scale solar array, 5B Maverick. Launched in 2017, the 5B Maverick is a modular, prefabricated solar array that can be built and pre-wired in a factory and […] Read more
Australia’s Victorian Govt Grants $7 M for H2 Use in Heavy Transport Updated On Wed, Jan 19th, 2022 by Saurenergy The Victoria State Government, Australia, is providing $6.6 million via its Renewable Hydrogen Commercialisation Pathways Fund to six renewable hydrogen projects aiming to clean up heavy transport, buses and industry. The recipients were announced by Victorian minister for Energy, Environment and Climate Change, Lily D’Ambrosio. “Renewable hydrogen is a key part of our clean energy […] Read more
