Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
Subsidies & Fines Not The Only Prescription for Transport in India Updated On Mon, Jan 6th, 2020 by Saurenergy The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […] Read more
Adani Green’s Arm Commissions 75MW Wind Project; Shares Hit 52Wk High Updated On Thu, Jan 2nd, 2020 by Saurenergy Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned new 75 MW wind energy project through its subsidiary Adani Renewable Energy. The project has been commissioned under the 25 year PPA with Maharashtra Discom MSEDCL at a tariff of Rs 2.85/kWh. The company said in a filing to the stock exchanges that […] Read more
Railways to Give up Land for 500 MW Solar Plants to Meet Energy Needs Updated On Tue, Dec 31st, 2019 by Saurenergy The railways will offer its vacant land to install 500 MW solar power plants to meet its energy needs, Railway Board Chairman Vinod Kumar Yadav has said. The railways will offer its vacant land to install 500-megawatt solar power plants to meet its energy needs, Railway Board Chairman Vinod Kumar Yadav has said. This is in addition to the railways’ aim of […] Read more
Renewable Energy Certificates Sales Down 10% in December Updated On Mon, Dec 30th, 2019 by Saurenergy Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […] Read more
SaaS Firm Zoho Goes Greener with 5MW Solar Plant in TN Updated On Fri, Dec 27th, 2019 by Saurenergy Zoho Corp, one of the biggest tech success stories from India in the Software-as-a-Services (SaaS) domain, has decided to set another marker for its green credentials. The firm, which reportedly grows food in its farms, in Tirunelveli, that is used in its employee canteen in Chennai has decided to source some of its energy requirements […] Read more
Niti Aayog to Launch SDG India Index & Dashboard 2019-20 on Dec 30 Updated On Thu, Dec 26th, 2019 by Saurenergy With an aim to track and showcase the country’s updated position in its SDG journey, government think-tank Niti Aayog will be launching its second edition of the Sustainable Development Goals (SDG) India Index and Dashboard 2019–20. The Second Index & Dashboard 2019 will be released at the Niti Aayog office in New Delhi on December […] Read more
Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm Updated On Tue, Dec 24th, 2019 by Saurenergy Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more