PFC, REC Make Further Reduction in Lending Rates Updated On Wed, Jan 19th, 2022 by Saurenergy State-owned non-banking financial companies Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 basic points (Bps), Ministry of Power (MoP) has said. Union Minister for Power and New & Renewable Energy Mr. R.K. Singh expressed satisfaction at the continued efforts by both the companies […] Read more
NTPC Invites Bids For 900 MW Solar Park in Cuba Updated On Wed, Jan 19th, 2022 by Saurenergy In it’s biggest international project till date, NTPC Ltd has invited bids from developers to build the Solar PV park in Republic of Cuba. NTPC, a corporate partner of ISA International Solar Alliance (ISA) has been chosen as the preferred partner for implementation of 900 MW solar PV parks by Government of Cuba. NTPC and […] Read more
GoodWe Inverters Check In At The Oberoi Luxury Hotels Updated On Tue, Jan 18th, 2022 by Saurenergy The Oberoi Hotels Group, which has close to 30 properties in India and the world, is going greener with solar power, and GoodWe inverters is the partner of choice for the luxury hotel group. With solar plants ranging in size from from 400KWp to 1 MW p, key properties across Agra, Udaipur and Ranthambhore have […] Read more
EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million Updated On Tue, Jan 18th, 2022 by Saurenergy EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […] Read more
Delhi Leans On Aggregators, Logistics Firms For Quick EV Gains Updated On Mon, Jan 17th, 2022 by Saurenergy The AAP (Aam Aadmi Party) run Delhi state government has now notified a draft “aggregator’s policy”, under which ride aggregators and delivery services will have to mandatorily adopt EVs while procuring new fleet. Just two weeks back, the state transport minister had stuck to a gentle urging to aggregators, hence the move to mandatory shift […] Read more
Hydrogen Economy Hints at New Global Power Dynamics: IRENA Updated On Mon, Jan 17th, 2022 by Saurenergy Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […] Read more
Power Ministry Issues Guidelines For Faster Roll Out Of Charging Infra For EV’s Updated On Mon, Jan 17th, 2022 by Saurenergy The Union Ministry of Power has promulgated the revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EV) on 14th January,2022. The objective seek to enable a faster adoption of electric vehicles in India by ensuring access to quality, readily available and affordable Charging Infrastructure and eco-system. The guidelines should help energise the […] Read more
Hero Electric to Offer New Loan Schemes to e-2w Buyers Updated On Fri, Jan 14th, 2022 by Saurenergy Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […] Read more
MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
