EV’s Have Charmed The Government – Will The Markets Follow? Updated On Mon, Aug 26th, 2019 by Saurenergy On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […] Read more
Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects Updated On Wed, Aug 14th, 2019 by Saurenergy Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market Updated On Sat, Jun 22nd, 2019 by Saurenergy USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […] Read more
US Solar Market Witnesses Best 1st Quarter in History Updated On Wed, Jun 19th, 2019 by Saurenergy In the first 3 months of the year, the U.S. installed 2.7 GW of solar PV, making it the most solar capacity ever installed in the first quarter of a year. According to a new report, in the first three months of the year, the U.S. installed 2.7 GW of solar photovoltaics (PV), making it […] Read more
The Global Shift to Electric Cars placing Indian Auto Sector at Risk Updated On Tue, Jun 11th, 2019 by Saurenergy Honda India knows the feeling. back in 2012, as oil prices shot up yet again, the firm had no diesel model in its portfolio, and it saw its sales slump to new lows every month. With Diesel subsidised much more than petrol, it was a dangerous abstinence for Honda. It was only in 2013, that […] Read more
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
Fortum Plans to Foray into more Indian Cities with Higher per Capita Income Updated On Mon, May 20th, 2019 by Saurenergy The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
