States That Miss UDAY Targets to Face Fund Cuts: R K Singh Updated On Thu, Aug 22nd, 2019 by Saurenergy The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […] Read more
Renewables Still far From Overtaking Coal in Indian Power Sector Updated On Thu, Aug 22nd, 2019 by Saurenergy CIL believes that renewable energy sources are unlikely to overtake coal as the major source of power generation in India any time soon Iterating that renewable energy sources were unlikely to overtake coal as the major source of power generation in India any time soon, state-owned Coal India Ltd said the energy migration would happen “differently” in the country as compared to […] Read more
SARAL Index Adds a Sharp Edge to India’s Solar Rooftop Plans Updated On Wed, Aug 21st, 2019 by Saurenergy Shri RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, launched the State Rooftop Solar Attractiveness Index (SARAL) today at the Review Planning and Monitoring (RPM) Meeting with States and State Power Utilities in New Delhi. The SARAL index comes at an opportune time for […] Read more
Storage Solutions Can Change the Outlook of India’s Telecom Industry: Atul Arya Updated On Wed, Aug 21st, 2019 by Saurenergy Storage solutions can change the outlook of India’s telecom industry by enabling integration of renewable energy and providing future expansion of rural telecom reach, for small cell cities and energy management services on the cloud, believes Atul Arya, head energy systems, Panasonic India, an Indian arm of Japanese electronics major. In conversation with Manu Tayal, […] Read more
Rajasthan Working on a new Renewable Energy Policy: Energy Minister Updated On Wed, Aug 21st, 2019 by Saurenergy Energy Minister BD Kalla has said that the Rajasthan government is working to bring a new renewable energy policy for the state. State Energy Minister B D Kalla while speaking at a seminar on ‘exploring renewable energy potential in the state of Rajasthan‘ on the 75th birth anniversary of former prime minister Rajiv Gandhi, has said […] Read more
Renewables to Account for 30% of Total Installed Capacity in the US by 2030 Updated On Tue, Aug 20th, 2019 by Saurenergy According to a new report the contribution of renewables to total installed capacity in the US is expected to double from 15 percent to 30 percent by 2030 The contribution of renewable power to total installed capacity in the US is expected to double from 15 percent in 2018 to 30 percent by 2030, reaching […] Read more
India Will Need $ 500-700 bn in Renewable Investments by 2030 Updated On Mon, Aug 19th, 2019 by Saurenergy India will require USD 500-700 billion in renewable energy and supporting grid investments by 2030, in order to meet its renewable energy targets. A new analysis has revealed that India will require USD 500 – 700 billion in renewable energy and supporting grid investments over the coming decade in order to meet its renewable energy […] Read more
WTO: US Challenges Ruling Favouring India on Solar Updated On Sat, Aug 17th, 2019 by Saurenergy According to the WTO communication “the US hereby notifies its decision to appeal to the appellate body certain issues of law covered in the report of the panel in the US – certain measures relating to the renewable energy sector and certain legal interpretations developed by the panel”. Taking another step towards trade war brewing […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more