ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan Updated On Mon, Sep 16th, 2019 by Saurenergy ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […] Read more
Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock Updated On Mon, Sep 9th, 2019 by Saurenergy Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […] Read more
ADB Pledges $12 bn to India’s New Flagship Initiatives Updated On Tue, Sep 3rd, 2019 by Saurenergy ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […] Read more
After Slow Down, Tesla Restarts Solar Business With Rental Plans Updated On Mon, Aug 19th, 2019 by Saurenergy Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them from the company at no upfront cost Tesla is trying to spark its solar panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of […] Read more
Report Projects India Will Exceed its Paris Agreement Target Updated On Sat, Jul 20th, 2019 by Saurenergy A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, and exceed its Paris Agreement target of 40%. A new report has projected that India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including […] 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
Stable Prices for Lithium Could be Good News for India’s EV dreams Updated On Tue, Apr 30th, 2019 by Saurenergy From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
