India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
Govt Mulls Law To Privatise Lithium Mining For Battery Production Updated On Fri, Jul 29th, 2022 by Saurenergy The Union Government may introduce a change in the law to permit private miners extraction of Lithium, a crucial component of batteries used in electric vehicles, without which, energy independence in green technologies is difficult to achieve. It is being said that the Modi government aims to change current laws during the current session of […] Read more
Fluence Energy Announces Technology Center in Bangalore for Global Support Updated On Thu, Jul 7th, 2022 by Saurenergy Energy storage technology and services provider, Fluence Energy has announced its new global technology center in Bangalore, India. Fluence India Technology Centre will mark local presence in India. Along with this initiative, the company is also looking to enhance its technical capabilities and expand global talent to support product strategy execution. As per the company, […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
India and Italy Will Partner for Green Hydrogen, Biofuel, Energy Storage Updated On Mon, May 9th, 2022 by Saurenergy According to an official joint statement announced by the two countries, India and Italy will develop partnerships in key renewable energy sectors like green hydrogen, biofuels and energy storage. The decision came after India’s External Affairs Minister S Jaishankar met the Italian counterpart Luigi Di Maio in New Delhi. The Italian foreign minister was on […] Read more
Germany Pledges €10 billion support for India to achieve 500GW RE by 2030 Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister Narendra Modi and Germany Chancellor Olaf Scholz signed a joint declaration in Berlin according to which Germany has pledged €10 billion ($10.52 billion) support to India until 2030 to help the country meet its target of raising its non-fossil energy generation capacity to 500 GW. PM Modi and Chancellor Scholz signed a joint […] Read more
