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
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
Hero MotoCorp Working on Multiple EV Projects Updated On Fri, Jul 5th, 2019 by Saurenergy Hero MotoCorp is already working on multiple EV projects, company chairman Pawan Munjal has said. The country’s largest two wheeler maker Hero MotoCorp has revealed that the company is already working on multiple electric vehicle (EV) projects, company chairman Pawan Munjal said in the company’s Annual Report for 2018-19. The company is fully geared up […] Read more
Lightsource BP Acquires 1.9 GW Solar Projects in Brazil Updated On Fri, Jul 5th, 2019 by Saurenergy Lightsource BP has acquired 1.9 GW of solar PV power projects from Enerlife, in a major move into the Brazilian solar market. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects has announced the acquisition of nearly 2 GW of solar PV projects in a major move into the […] 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
Solar Thermal Industry Seeks Replacement of 18% GST with 5% Updated On Fri, Jul 5th, 2019 by Saurenergy Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […] Read more
Rolec Provides Over 1,000 EV Charging Points for KIA UK Updated On Fri, Jul 5th, 2019 by Saurenergy Rolec EV has manufactured and supplied over 1,000 EV charging points for KIA Motors UK’s Head Office, dealership network and domestic EV customers. Rolec EV, one of Europe’s largest manufacturers of electric vehicle charging stations and equipment, has announced that it has manufactured and supplied over 1,000 electric vehicle charging points for KIA Motors UK’s […] Read more
