Government Measures Remain key to Boost EV Sales in India: Ind-Ra Updated On Tue, Oct 27th, 2020 by Saurenergy Ind-Ra in its latest market analysis covers the factors influencing electric vehicle (EV) sales in India during the pandemic and beyond. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric vehicles (EVs) in the […] Read more
Foresight, Island GP Form JV to Develop 700 MW Solar Projects in the UK Updated On Fri, Oct 23rd, 2020 by Saurenergy Foresight Group and Island GP have formed a JV to develop a pipeline of greenfield solar projects worth a combined 700 MW across the UK. Foresight Group LLP and Island Green Power (Island GP) have announced the formation of a joint venture (JV) to develop a pipeline of greenfield solar projects across the UK. The […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
MNRE Drafts Policy to Promote DRE Livelihood Applications in Rural Areas Updated On Wed, Oct 21st, 2020 by Saurenergy In order to promote DRE livelihood applications in rural areas of the country a draft policy framework is being proposed by MNRE The Ministry of New and Renewable Energy (MNRE) has notified that in order to promote Decentralised Renewable Energy (DRE) livelihood applications in rural areas of the country a draft policy framework is being […] Read more
Inox Wind Bags Wind Turbine Orders Worth 40 MW in Gujarat, Karnataka Updated On Tue, Oct 20th, 2020 by Saurenergy Inox Wind has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers. Inox Wind, one of India’s leading wind energy solutions providers, has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers spread across various […] Read more
Scatec Solar acquires SN Power, building a global leader in RE Updated On Mon, Oct 19th, 2020 by Saurenergy Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […] Read more
AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile Updated On Mon, Oct 19th, 2020 by Saurenergy AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […] Read more
Tata Power Provides Update on InvIT for its Renewables Business Updated On Mon, Oct 19th, 2020 by Saurenergy Tata Power in its latest regulatory filing has provided an update on the process of creation of an InvIT for its renewables business Tata Power, in its latest regulatory filing, has stated that as a part of its growth strategy, the Company has taken several steps to deleverage the balance sheet and improve the capital […] Read more
Solar-led Renewables Sector Will Be A Top draw For Global Investors Updated On Sat, Oct 17th, 2020 by Saurenergy India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […] Read more
