Government To Launch Solar Scheme for Farmers Updated On Fri, Jul 5th, 2019 by Saurenergy Indian Power Minister declares the launch of a new solar scheme for farmers to earn more income from their farmlands through solar panels. The Indian government plans to launch a solar scheme for farmers that will ensure a minimum annual income of Rs 1 lakh, according to the power minister R K Singh. The Minister […] Read more
Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget Updated On Fri, Jul 5th, 2019 by Saurenergy As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
Onshore Wind O&M Market in China to hit $5 Billion by 2029 Updated On Tue, Jul 2nd, 2019 by Saurenergy The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years. According to consultancy firm Wood Mackenzie […] Read more
Andhra Govt Sets up Panel to Review Wind & Solar PPAs From TDP Regime Updated On Tue, Jul 2nd, 2019 by Saurenergy Andhra Pradesh has established a panel to review and renegotiate the PPAs signed by discoms for wind and solar power during the TDP regime. In a new order, the state government of Andhra Pradesh has established a High-Level Negotiation Committee (HLNC) panel to review and renegotiate the power purchase agreements (PPAs) signed by the state […] Read more
FICCI makes a case for subsidies for battery swapping under FAME 2 Updated On Mon, Jul 1st, 2019 by Saurenergy The move by the leading industry body FICCI to include battery swapping seems to be a pragmatic response to the likely success of adoption of EV’s in the two-wheeler and three-wheeler segment at least. In an interesting move, industry chamber FICCI has made a call for including the battery swapping model of charging for EV’s […] Read more
China To Dominate CSP Revival in Long Term Updated On Mon, Jul 1st, 2019 by Saurenergy Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […] Read more
Solar Industry Seeks Manufacturing Incentives in New Budget Updated On Mon, Jul 1st, 2019 by Saurenergy AISIA in its pre-budget recommendations has called for the inclusion of incentives such as subsidies for power, capital, etc in the new budget. The All India Solar Industries Association (AISIA) in its pre-budget recommendations has called for the ministry of finance to include incentives such as subsidies for power, capital, financial support in interest and […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more