Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
DSD Acquires Two-Project, 10 MW Community Solar Portfolio in Lenox, NY Updated On Thu, Jan 7th, 2021 by Saurenergy Distributed Solar Development (DSD) has acquired a two-project, 10 MW community solar portfolio in Lenox, New York. “This acquisition materially increases DSD’s New York Community Solar portfolio, which the company will continue to expand in 2021,” says Jon Morton, Vice President of Acquisitions at DSD. Both projects are ground-mounted and were purchased 75% complete from a […] Read more
Hero Future Energies Appoints Srivatsan Iyer as Global CEO Updated On Wed, Jan 6th, 2021 by Saurenergy Hero Future Energies, the renewable arm of Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Hero Future Energies (HFE), the renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Srivatsan will be taking over from industry veteran Sunil […] Read more
37 Cr LED Bulbs and 1.14 Cr LED Streetlights Installed in 6 Years of UJALA and SLNP Updated On Wed, Jan 6th, 2021 by Saurenergy UJALA and SLNP have completed 6 years and in that time EESL has distributed over 36.69 crore LED bulbs & installed 1.14 crore LED streetlights Launched on January 5, 2021, the Government of India’s zero-subsidy Unnat Jyoti by Affordable LEDs for All (UJALA) and Street Lighting National Programme (SLNP) have completed 6 years. In that […] Read more
Tata Power & SIDBI to Finance Rooftop Solar Projets for MSMEs Updated On Tue, Jan 5th, 2021 by Saurenergy Tata Power has partnered with SIDBI to offer an easy and affordable financing scheme for MSME customers in the rooftop solar segment. Tata Power has announced its partnership with SIDBI (Small Industries Development Bank of India) to offer an easy and affordable financing scheme for MSME customers in the rooftop solar segment. This scheme, the […] Read more
VoltUp Partners with HPCL To Create 50 EV Battery Swapping Centers Updated On Thu, Dec 31st, 2020 by Saurenergy VoltUp partners with HPCL to set up 50 Electric two and three-wheeler battery swapping centers across India in the next six months. VoltUp, a one-stop battery swapping start-up has announced its partnership with Hindustan Petroleum Corporation Limited (HPCL) to set up 50 electric two and three-wheeler battery swapping centers across India. partners VoltUp envisions to […] Read more
Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg Updated On Thu, Dec 24th, 2020 by Saurenergy The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […] Read more
BayWa r.e. Completes Construction of 250 MW Amadeus Wind Farm in Texas Updated On Tue, Dec 22nd, 2020 by Saurenergy Project is largest wind farm completed to date in BayWa r.e.’s global portfolio BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250 MW wind farm has begun selling power into the grid and will generate enough clean, renewable energy to meet the electricity needs […] Read more
A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more