India has an Offshore Wind Energy Potential of 70 GW, 0 GW Fulfilled Updated On Thu, Jan 9th, 2020 by Saurenergy MNRE has revealed that India has an offshore wind energy potential of around 70 GW, mainly distributed along parts of the coast of Gujarat and Tamil Nadu. The Ministry of New and Renewable Energy (MNRE) has revealed that based on studies, India has an offshore wind energy potential of around 70 GW, mainly distributed along […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
Govt Okays 2,636 New EV Charging Stations Under FAME India Phase-II: Javadekar Updated On Sat, Jan 4th, 2020 by Saurenergy With an aim to provide further fillip to e-mobility in the country, government has approved 2,636 new electric vehicles (EVs) charging stations in 62 cities across 24 states and union territories under the phase-II of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar said. Out […] Read more
Railways to Give up Land for 500 MW Solar Plants to Meet Energy Needs Updated On Tue, Dec 31st, 2019 by Saurenergy The railways will offer its vacant land to install 500 MW solar power plants to meet its energy needs, Railway Board Chairman Vinod Kumar Yadav has said. The railways will offer its vacant land to install 500-megawatt solar power plants to meet its energy needs, Railway Board Chairman Vinod Kumar Yadav has said. This is in addition to the railways’ aim of […] Read more
Renewable Energy Certificates Sales Down 10% in December Updated On Mon, Dec 30th, 2019 by Saurenergy Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […] Read more
Top 10 Solar Companies in India Updated On Thu, Dec 26th, 2019 by Saurenergy What has taken on earth today as a curse is the changing global warming scenario. Solar companies in India have taken the trunk on shoulder to make it a better place to live in future. Solar companies in India are today a GW worth. With making huge success in utility, commercial and home installations, solar […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more