Electric Vehicles Market in India – A Rocky Road Ahead! Updated On Tue, Jul 3rd, 2018 by Saurenergy In a bid to reiterate India’s commitment towards climate change during the UN Climate Change Conference (COP-21) in Paris, the union government has braced it’s arms to make a major shift from the petroleum product run vehicles to Electric Vehicles (EVs) by 2030. Though the government of India’s ambition of having more than 10 million […] Read more
Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba Updated On Sat, Jun 23rd, 2018 by Saurenergy During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […] Read more
Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten Updated On Sat, Jun 23rd, 2018 by Saurenergy Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […] Read more
Solar-Wind Hybrid Power Policy Announced for Gujarat Updated On Fri, Jun 22nd, 2018 by Saurenergy The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […] Read more
India Extends $20 Mn Concessional Financing for Solar Project in Suriname Updated On Thu, Jun 21st, 2018 by Saurenergy In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project Updated On Fri, Jun 8th, 2018 by Saurenergy Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […] Read more
Amazon to Generate 8,000 KW of Solar Power via Solar Panels Installations Updated On Fri, Jun 8th, 2018 by Saurenergy Apart from expanding existing capacity in Delhi, the company has plans to add large-scale solar panel systems at the fulfillment centers and two sortation sites located in Mumbai, Chennai, and Bangalore. In order to generate the clean energy and fulfill its power demands for fulfillment centers and sortation sites, Amazon India is eying to install […] Read more
