China Cuts Electric Vehicle Subsidies To Push Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy After a huge spike in sales of electric vehicles, China has announced plans to reduce subsidies for electric vehicles sold in the country. China said it’s scaling back subsidies on electric vehicles to encourage local manufacturers to rely on innovation rather than government assistance as the industry matures and costs fall. However, the cuts were […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
India Leaps 2 Places to Surpass China in WEF Clean Energy Index Updated On Tue, Mar 26th, 2019 by Saurenergy India has moved up two places to rank 76th on a global energy transition index, which ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability. In the clean energy race, Sweden remains on the top on this annual list compiled by Geneva-based World Economic […] Read more
Cabinet Briefed on MoU Between India and Tajikistan For RE Cooperation Updated On Fri, Mar 1st, 2019 by Saurenergy The Cabinet was apprised of an MoU between India and Tajikistan on cooperation in the field of Renewable Energy. The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of the Memorandum of Understanding between India and Tajikistan on Cooperation in the field of Renewable Energy. The MoU was signed on October 8, 2018. […] Read more
Declaration Calls For More Ocean-Based Renewables Updated On Thu, Feb 28th, 2019 by Saurenergy We must reconcile the desire to expand offshore renewables with the necessity to preserve our marine environment. The Belgian government recently organised a major international conference on ‘Climate Change and Oceans Preservation.’ The Belgian government asked WindEurope to run the panel on the happy co-existence of ocean energy and biodiversity. The panel comprised EU Commissioner […] Read more
Wind Energy and Hydrogen Can Work Together For a Cleaner Europe Updated On Tue, Feb 26th, 2019 by Saurenergy WindEurope recently hosted a workshop exploring the wind energy’s potential to decarbonize industries that are resource and energy-intensive – with a focus on hydrogen. Speakers included the IEA, the European Commission, the hydrogen sector, wind energy sector representatives and sectoral trade organizations. Late last year, the European Commission presented its strategic long-term vision for a […] Read more
Piyush Goyal Conferred the Carnot Prize, Will Donate Prize Money to ISA Updated On Thu, Jan 31st, 2019 by Saurenergy The minister in his acceptance revealed that India is targeting complete electrification of its railway network over the next four-five years, which will make it the largest electrified rail network in the world. The Kleinman Center for Energy Policy at the University of Pennsylvania has presented its fourth annual Carnot Prize for achievements in energy policy […] Read more
Cabinet approves Memorandum of Understanding between India and France in the field of new and renewable energy Updated On Mon, Dec 17th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi today was apprised of a Memorandum of Understanding (MoU) which has been signed between the Solar Energy Corporation of India Limited (SECI), India and Commissariat a l energieatomique et aux energies alternatives (CEA), French state-owned research entity and BlueStorage SAS, a French Company. The MoUwas […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
