The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] 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
Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII Updated On Tue, Dec 22nd, 2020 by Saurenergy CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […] Read more
China Adds 40 GW Of Solar To Grid In 2020 Updated On Fri, Dec 11th, 2020 by Saurenergy China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW. As per Wang Bohua, vice-chairman of the China Photovoltaic Industry Association (CPIA), China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years […] Read more
FTI Consulting Unveils India Green Hydrogen Roadmap Report Updated On Thu, Dec 3rd, 2020 by Saurenergy FTI Consulting recently unveiled its India Green Hydrogen Roadmap report, proposing a target of 4 percent for hydrogen energy in the national energy mix by 2030. FTI Consulting recently unveiled its India Green Hydrogen Roadmap report. The report proposes a target of 4 percent for hydrogen energy in the national energy mix by 2030 and […] Read more
Govt Role, Hydrogen In Focus At Plenary On Future Of RE At REINVEST Updated On Thu, Dec 3rd, 2020 by Saurenergy At a plenary session of ReInvest 2020, called the Future of RE, the focus shifted to all that needed to be done to ensure the future arrives on time. Where renewable power forms the basis of the economy without causing the sort of upheavals and disruptions that many skeptics continue to warn of. Picking up […] Read more
Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme Updated On Wed, Nov 11th, 2020 by Saurenergy The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
