Renewable Certificates Sales Down 22% in June Updated On Mon, Jul 8th, 2019 by Saurenergy Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
The Big Moves in Budget 2019 Updated On Fri, Jul 5th, 2019 by Saurenergy Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […] 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
Hanergy Bags 400 MW Solar Project in DR Congo Updated On Thu, Jul 4th, 2019 by Saurenergy Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […] Read more
Every lamp post as EV charging point? It’s Happening! Updated On Wed, Jul 3rd, 2019 by Saurenergy IN the UK, a firm called char.gy has pioneered an Electric Vehicle (EV) charging solution that converts a lamppost to a charging station. India’s quest for green mobility just got a boost with the announcement of the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-2) scheme early this year. […] 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
AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa Updated On Thu, Jun 27th, 2019 by Saurenergy AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […] Read more
