Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
World Bank Supports Mali’s RE Transition With $22.7 Mn Financing Updated On Wed, Jul 24th, 2019 by Saurenergy The World Bank has approved a $22.7 million financing to support Mali’s efforts to improve access and promote the deployment of renewable energy. The World Bank’s Board of Executive Directors has approved a $22.7 million financing to support Mali’s efforts to improve access to modern services and promote the deployment of renewable energy in rural […] Read more
Avaada Energy to Implement 2 GW Open Access Solar Plants Updated On Wed, Jul 24th, 2019 by Saurenergy This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […] Read more
Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023 Updated On Wed, Jul 24th, 2019 by Saurenergy A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […] Read more
Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant Updated On Tue, Jul 23rd, 2019 by Saurenergy The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […] Read more
CEA Predicts 6-Fold Increase in RE Capacity by 2029-30 Updated On Tue, Jul 23rd, 2019 by Saurenergy The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […] Read more
EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project Updated On Tue, Jul 23rd, 2019 by Saurenergy The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […] Read more
ZunRoof Expands Footprint to 3 More Cities; Mulls to Reach 100 Cities by FY20 Updated On Tue, Jul 23rd, 2019 by Saurenergy Chaudhary further added that “the solar panel market in the southern states is dominated by the unorganized sector and initial market survey revealed instances of improper installations, customers being cheated by local players and the absence of substantial after sales service.” In its second phase of expansion, Gurgaon-based rooftop solar solutions provider ZunRoof has expanded […] Read more
REIL Floats Tender for Solar Power Plants in Maharashtra Updated On Tue, Jul 23rd, 2019 by Saurenergy REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […] Read more
