Wind and Solar Energy Bring Extra Costs for Canadian Consumers: Report Updated On Wed, Jul 31st, 2019 by Saurenergy A new report claims that despite the rhetoric that renewable energy is cheap, wind and solar power often increase electricity costs for consumers A new report claims that despite the rhetoric that renewable energy is cheap, wind and solar power generation comes with large, yet often ignored costs that increase electricity costs for residents and […] Read more
Solar Provides North Carolina Benefits Beyond the Grid: Report Updated On Tue, Jul 30th, 2019 by Saurenergy Solar energy provides North Carolina with environmental and health benefits that often are overlooked, according to a new report. Solar energy provides North Carolina with environmental and health benefits that often are overlooked, according to a new report. A study from the Environment North Carolina Research and Policy Center and Frontier Group found by curbing […] Read more
Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
Georgia Power Gets Approval for 2260 MW RE Projects Updated On Fri, Jul 19th, 2019 by Saurenergy Georgia Power 2019 IRP includes energy storage projects, 2,260 MW more renewable generation by 2024, and approval of its environmental compliance strategy Georgia Power 2019 Integrated Resource Plan (IRP), which was unanimously approved by the Georgia Public Service Commission (PSC), includes energy storage projects, 72 percent (2,260 MW) more renewable (solar, wind and biomass) generation […] Read more
Future to be Driven by Clean Mobility Powered with RE: Dr. Ajay Mathur Updated On Mon, Jul 15th, 2019 by Saurenergy The event facilitated the exchange of knowledge and experience and initiated sustainable partnerships in the fields of renewable energy and e-mobility. The future is expected to be driven by clean mobility powered with abundantly available renewable energy (RE), said Dr. Ajay Mathur, Director General, The Energy and Resources Institute (TERI). “If powered by clean energy, […] Read more
AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding Updated On Mon, Jul 15th, 2019 by Saurenergy AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […] Read more
Hanergy Completes China’s Biggest PV Glass Wall Project Updated On Wed, Jul 10th, 2019 by Saurenergy Hanergy has completed the installation of the biggest Photovoltaic (PV) glass curtain wall project on a single building in China. Hanergy has announced that it has completed the installation of what it’s claiming is the biggest Photovoltaic (PV) glass curtain wall project on a single building. The HanWall project at China Pharmaceutical International Innovation Park […] Read more
EIB, Amundi Launch €1Bn Financing Program for European Energy Transition Updated On Wed, Jul 10th, 2019 by Saurenergy Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […] Read more