National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval Updated On Fri, Mar 15th, 2019 by Saurenergy The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […] Read more
Rajasthan Issues Amendment For Determination of Tariff For Wind and Solar Energy Updated On Fri, Mar 15th, 2019 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has issued draft regulations for as a second amendment to the terms and Conditions for determination of tariff for renewable energy sources, specifically Wind and Solar Energy in the state. The latest amendments/regulation will supersede the regulations for determining tariffs which were first issued in 2014. Key Highlights: […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
UPERC Approves Charging Tariffs For Various Segments of EV Consumers Updated On Fri, Mar 15th, 2019 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the tariffs for electric vehicle charging in the state. The decision was made after the commission held a public meeting with stakeholders on the matter in the first week of March. Representatives from Uttar Pradesh Power Corporation Limited (UPPCL), Mahindra and UP Rajya Vidyut Upbhokta Parishad, were part of the […] Read more
IIED Shows New Ways To Channel Climate Funds To Meet Paris Agreement Updated On Thu, Mar 14th, 2019 by Saurenergy The latest research by IIED released at the One Planet Summit in Nairobi makes a strong case for ways that climate money could be used to actually make an effect on climate change. The One Planet Summit is hosted by French President Emmanuel Macron and Kenya’s President Uhuru Kenyatta in Nairobi, today to help accelerate and […] Read more
BSES Yamuna Commissions Solar Microgrids With Energy Battery Storage Updated On Thu, Mar 14th, 2019 by Saurenergy BYPL has launched a pilot to establish solar microgrids, becoming one of the first discoms in the country to do so in an urban setting. In its quest to take rapid strides for sustainable development, BSES Yamuna Power Limited (BYPL) has launched a pilot to establish solar micro-grids, becoming one of the first discoms in […] Read more
Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure Updated On Thu, Mar 14th, 2019 by Saurenergy The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […] Read more
Trine Helps Greenlight Planet Secure Financing For Off-Grid Solar Projects in India Updated On Thu, Mar 14th, 2019 by Saurenergy The strategic partnership between Trine and Greenlight Planet sets out to answer the off-grid solar industry’s strong demand for innovation in distribution and financing. Swedish investment firm, Trine, which enables individuals to invest in renewables sustainably has joined forces with Greenlight Planet, a provider of off-grid solar products, to secure a Euro 1.8 million (Rs 14 […] Read more
CERC Issues New Regulation For Cross Border Trade of Electricity Updated On Thu, Mar 14th, 2019 by Saurenergy India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […] Read more