Govt Organises ‘Chintan Baithak’ with RE Industry Stakeholders Updated On Wed, May 8th, 2019 by Saurenergy In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as ‘Chintan Baithak’, with the industry stakeholders. The government’s motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various […] Read more
Rooftop Solar the Key to India’s 175 GW Renewables Target: Report Updated On Wed, May 8th, 2019 by Saurenergy The report estimates that for the next three years, solar rooftop installations will grow at a compound annual growth rate of 50 percent, suggesting a cumulative 13 GW of installed capacity by FY2021-22. Rooftop solar is the fastest growing renewable energy sub-sector in India but installations must rapidly accelerate if the nation is to meet […] Read more
Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
Solar Energy to Power Humanitarian Hub in South Sudan by 2020 Updated On Tue, May 7th, 2019 by Saurenergy The partners are anticipating some 1,900 solar panels—capable of creating up to 700-kilowatts of power—will be installed around the perimeter of the Hub by December 2019. Thanks to a new private sector collaboration linking Scandinavia to Sub-Saharan Africa, a Norwegian company will be helping the International Organization for Migration (IOM) harness solar energy to power […] Read more
Solar Powered Desalination Could Bring a Revolution in Irrigation Updated On Tue, May 7th, 2019 by Saurenergy While conventional CDI uses mains power, UNSW researchers have developed prototypes powered by solar energy. Agriculture relies heavily on groundwater and this source of water is rapidly becoming increasingly saline across the world, making it non-viable for agricultural purposes. To combat this issue and make fresh water readily available to the farming sector irrespective of […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India Updated On Mon, May 6th, 2019 by Saurenergy Ratan Tata’s investment in Ola Electric is being seen as an endorsement of the company’s approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A […] Read more
HC Asks Panel To Relook Into GST on Solar Sector Updated On Mon, May 6th, 2019 by Saurenergy The Delhi High Court has directed the Goods and Services Tax Council to review the tax structure for solar power projects. The decision was in response to a writ filed by the Solar Power Development Association, which had challenged the latest tax formulation for solar power generating systems unveiled on January 1. The court has […] Read more
Naval Institution in Kochi Commissions Solar Plant Updated On Mon, May 6th, 2019 by Saurenergy The solar plant is expected to generate close to 14,400 units of energy every year. The Naval Armament Inspectorate (NAI) in Kochi has taken a big step on the green route by harnessing solar power to meet its supplemental energy requirements. Director General of Naval Armament Inspection (DGNAI) Rear Admiral Sanjay Misra inaugurated the rooftop solar power plant at […] Read more