Boost for EV’s coming as Transport Ministry Proposes Road Tax Exemption Updated On Thu, Jun 20th, 2019 by Saurenergy The road just got smoother for EV vehicles, with the latest notification issued by the Ministry of Road, Transport and Highway led by Union Minister Nitin Gadkari on Tuesday. Now all-electric vehicles are exempted from paying road tax for vehicle registration. The exemption of road tax will apply to all categories of vehicles — two-wheelers, […] Read more
Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Inability to Forecast is not the Disability of Regulation Updated On Wed, Jun 19th, 2019 by Saurenergy With openly accessible documents/regulations/ on Deviation Settlement Mechanism (DSM), due to forecasting and scheduling (F&S) of wind and solar power generation at different SLDCs like Punjab, Haryana, U.P., A.P., Telangana, Tamil Nadu, Rajasthan, Madhya Pradesh, Chhattisgarh, Gujarat (Mock-trial), it is surely that the forecasting of the variable generation is under litmus-test. The F&S of solar […] Read more
UNDP and IRENA to Accelerate Low-Carbon Energy Transition Updated On Tue, Jun 18th, 2019 by Saurenergy UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development. Under the cooperation, the organizations will explore joint initiatives aimed […] Read more
Vestas Bags its Largest Order in Brazil For 445 MW Wind Farm Updated On Tue, Jun 18th, 2019 by Saurenergy Casa dos Ventos has placed a 445 MW order for the supply and installation of 106 Vestas wind turbines for the Rio do Vento project in Brazil. Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 445 MW order for the supply and […] Read more
In New Innings, MNRE Minister Alive To Payments Issue For RE Producers Updated On Wed, Jun 12th, 2019 by Saurenergy The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector. A pricing squeeze of the sort the […] Read more
The Global Shift to Electric Cars placing Indian Auto Sector at Risk Updated On Tue, Jun 11th, 2019 by Saurenergy Honda India knows the feeling. back in 2012, as oil prices shot up yet again, the firm had no diesel model in its portfolio, and it saw its sales slump to new lows every month. With Diesel subsidised much more than petrol, it was a dangerous abstinence for Honda. It was only in 2013, that […] Read more
Political Risk Spikes In Andhra As Jagan Government Questions PPA’s Updated On Mon, Jun 10th, 2019 by Saurenergy The central government has been forced to move and publicly ‘advise’ the newly elected government in Andhra Pradesh, where the new Chief Minister, YS Jagan Mohan Reddy has voiced doubts on the PPA’s signed by his predecessor government of Chandrababu Naidu. The central missive follows the state government’s first moves, which included an order to […] Read more
ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects Updated On Thu, Jun 6th, 2019 by Saurenergy ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […] Read more
