Power Ministry Reconsidering 10 kW Net Metering cap for Rooftop Solar Updated On Mon, Jan 18th, 2021 by Saurenergy The Ministry of Power will reexamine capping net metering at 10 kW for rooftop solar installations under the new consumer rules Clarification on Electricity (Rights of Consumers) Rules 2020 pic.twitter.com/FaRdTLJIA5 — Ministry of Power (@MinOfPower) January 16, 2021 The Ministry of Power (MoP) has issued a clarification for its Electricity (Rights of Consumers) Rules 2020, […] Read more
Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit Updated On Mon, Jan 18th, 2021 by Saurenergy West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […] Read more
Total Expands Sustainable Energy Alliance With Adani, Takes 20% Stake in AGEL Updated On Mon, Jan 18th, 2021 by Saurenergy Total has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. French multinational energy company Total has announced that it has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. The French giant […] Read more
EV Battery Startup Gegadyne Energy Welcomes $5 Mn Investment from V-Guard Updated On Sat, Jan 16th, 2021 by Saurenergy EV battery provider Gegadyne Energy Labs has announced that it has received an investment of USD 5M from electric appliance maker, V-Guard. Mumbai based, quick electric vehicle (EVs) battery provider Gegadyne Energy Labs Pvt Ltd announced receiving an investment of USD 5 million from electric appliance maker, V-Guard. The CEO and Founder of Gegadyne Jubin […] Read more
Tigo Energy Raises $20 Million in Funding Updated On Fri, Jan 15th, 2021 by Saurenergy Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics) today announced a $20 million round of investment, led by Energy Growth Momentum. “2020 has been a breakout year for Tigo and 2021 has the potential for even greater success,” stated Zvi Alon, Chairman and CEO of Tigo. “We are excited to have the […] Read more
Pepsico Sets new Goal to cut Carbon Emissions by More Than 40% by 2030 Updated On Fri, Jan 15th, 2021 by Saurenergy Pepsico has set an ambitious new goal to cut carbon emissions by more than 40% by 2030 – more than doubling its previous climate objective. Climate action can’t wait. Today we’re more than doubling our climate goal and pledging net-zero emissions by 2040, ten years ahead of the Paris Agreement target. Learn more here: https://t.co/JDxtyOzVFn #ClimateAmbition […] Read more
ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020 Updated On Thu, Jan 14th, 2021 by Saurenergy ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […] Read more
Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million Updated On Thu, Jan 14th, 2021 by Saurenergy Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […] Read more
New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA Updated On Thu, Jan 14th, 2021 by Saurenergy A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […] Read more
