Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Renew Financial Sells Residential PACE Assets for $160 Million Updated On Mon, Feb 3rd, 2020 by Saurenergy Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […] Read more
KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers Updated On Mon, Feb 3rd, 2020 by Saurenergy Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […] Read more
Sales of Renewable Energy Certificates Down 29% in January Updated On Mon, Feb 3rd, 2020 by Saurenergy Sales of Renewable Energy Certificates declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago Sales of Renewable Energy Certificates (REC) declined by 29 percent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago due to lower supply, according to […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
India Sets Sight for 450 GW RE Capacity by 2030: President Kovind Updated On Fri, Jan 31st, 2020 by Saurenergy India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 to capitalise on its clean resources, President Ram Nath Kovind said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum […] Read more
Vena Energy to Begin Work on 100 MW Australian Battery Project Updated On Fri, Jan 31st, 2020 by Saurenergy Vena Energy Australia has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs Renewable power producer Vena Energy Australia, which is a subsidiary of Singapore-based Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs, […] Read more
Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz Updated On Fri, Jan 31st, 2020 by Saurenergy With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […] Read more
Evergy to Reduce Emissions by 80%, Adds 660 MW Wind Energy to Portfolio Updated On Fri, Jan 31st, 2020 by Saurenergy Evergy has announced that it will expand its wind energy portfolio by 660 MW, and reduce carbon output by 80 percent below 2005 levels by 2050. Evergy, an American investor-owned utility operating in Kansas, has announced with the Kansas Gov. Laura Kelly that it will expand its wind energy portfolio by 660 MW, and reduce […] Read more
