India Mulls Subsidies for Battery Manufacturing Updated On Tue, Aug 6th, 2019 by Saurenergy The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […] Read more
GGF Attracts €4 mn in Funding for Climate Action in MENA Updated On Fri, Aug 2nd, 2019 by Saurenergy GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […] Read more
Renault Forms JV for Electric Vehicles in China Updated On Fri, Jul 19th, 2019 by Saurenergy Renault and JMCG have announced the establishment of their joint venture to further promote the development of Electric Vehicles industry in China Groupe Renault and Jiangling Motors Corporation Group (JMCG) have announced the establishment of their joint venture to further promote the development of the Electric Vehicles industry in China following their first agreement on […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Singapore Floats Tender for 50 MW Floating Solar Projects Updated On Fri, Jul 12th, 2019 by Saurenergy The Public Utilities Board of Singapore has invited bids from eligible parties for the development of a 50 MW floating solar plant on the Tangeh Reservoir. The Public Utilities Board of Singapore (PUB), the country’s national water agency has invited bids from eligible parties for the development of a 50 MW floating solar plant on […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
EBRD Grants €18 Mn Loan For Kosovo’s First Wind Farm Updated On Fri, Jun 28th, 2019 by Saurenergy EBRD is supporting the wind farm at Kitka in the east of Kosovo with an €18 million loan. Kosovo, which relies for its energy on coal, will benefit from a cleaner, more reliable energy from the first large-scale wind farm in the country. The European Bank for Reconstruction and Development (EBRD) is supporting the wind […] Read more
