Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant Updated On Tue, Jul 23rd, 2019 by Saurenergy The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […] Read more
CEA Predicts 6-Fold Increase in RE Capacity by 2029-30 Updated On Tue, Jul 23rd, 2019 by Saurenergy The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […] 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
ZunRoof Expands Footprint to 3 More Cities; Mulls to Reach 100 Cities by FY20 Updated On Tue, Jul 23rd, 2019 by Saurenergy Chaudhary further added that “the solar panel market in the southern states is dominated by the unorganized sector and initial market survey revealed instances of improper installations, customers being cheated by local players and the absence of substantial after sales service.” In its second phase of expansion, Gurgaon-based rooftop solar solutions provider ZunRoof has expanded […] Read more
REIL Floats Tender for Solar Power Plants in Maharashtra Updated On Tue, Jul 23rd, 2019 by Saurenergy REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […] Read more
MNRE Issues Guidelines for Implementation of KUSUM Scheme Updated On Tue, Jul 23rd, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
IL&FS Gets Approval for Sale of Wind Assets to Orix Updated On Tue, Jul 23rd, 2019 by Saurenergy IL&FS has said it has received the necessary approval for the sale of its balance 51 percent of stake in seven wind energy subsidiaries to Orix Corporation The Infrastructure Leasing and Financial Services (IL&FS) has said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 […] Read more
GST Council to Decide on Tax Cut on EVs This Week Updated On Mon, Jul 22nd, 2019 by Saurenergy The GST Council will meet on July 25 and decide on lowering tax rates for EVs The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles (EVs), officials said. The 36th meeting of the Council, which will happen through video conferencing, is also […] Read more
MiaSolé Acheives Flexible Substrate Solar Cell Efficiency of 20.56% Updated On Mon, Jul 22nd, 2019 by Saurenergy MiaSolé has announced that the U.S. DOE’s NREL has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film solar cell MiaSolé, the US-based subsidiary of Hanergy, has announced that the US Department of Energy’s National Renewable Energy Laboratory has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film device (0.86cm2) deposited […] Read more