Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project Updated On Fri, Apr 26th, 2019 by Saurenergy The project will be supported by the World Bank’s International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […] Read more
India’s Renewable Push On Track Despite 2018/19 Blip Updated On Fri, Apr 26th, 2019 by Saurenergy IEEFA’s briefing note, India’s electricity sector transition still on track despite a weak FY2018/19, projects renewable additions through 2021/22 based on the auction and tender activities during the past 18 months. The 2018-19 financial year turned out to be a sluggish year for both the renewable as well as thermal sectors in India in terms of increased […] Read more
Expanding its Global Presence, Growatt Sets Up Service Centre in Brazil Updated On Thu, Apr 25th, 2019 by Saurenergy Growatt, a leading Chinese inverter manufacturer has set up its Brazil Service Center in Mogi das Cruzes to expand its global presence. The expansion falls in line with the solar PV installations in Brazil. Solar capacity additions in the recent years have drastically increased in the South American nation, with 371.9 MW capacity added in […] Read more
ASSOCHAM, REPA to Jointly Promote Renewable Energy Updated On Thu, Apr 25th, 2019 by Saurenergy The leading apex industry body said that, “These are some of the win wins, the newly signed MoU would seek to achieve for both the organisations.” Industry body, the Associated Chambers of Commerce & Industry of India (ASSOCHAM) and the Renewable Energy Promotion Association (REPA), a professional (public-private) not-for-profit body, has entered into an agreement […] Read more
Interview with Sanjeev Sinha, President – IT & Digital Transformation, India Power Corporation Ltd Updated On Thu, Apr 25th, 2019 by Saurenergy For the Discom, smart grid can give out right information at the right time so that it can react and manage the grid accordingly. It would give a better control on the grid to manage load and even know beforehand on the impending load based on past data. This will allow Discom to draw appropriate […] Read more
Prioritise Electrification of 2 & 3 Wheeler Segment: Report Updated On Thu, Apr 25th, 2019 by Saurenergy The report brings insights and opinions from the country’s first multimodal e-mobility initiative, titled ‘Beyond Nagpur: The Promise of Electric Mobility’. A new report by the Ola Mobility Institute, a policy research and social innovation think-tank, offers insights from the shared mobility providers extensive electric vehicle operations in Nagpur to help devise business models, provide […] Read more
India’s Road Towards EV Adoption… Updated On Wed, Apr 24th, 2019 by Saurenergy When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […] Read more
Tata Power Shifts Complete Focus to Renewable Energy, to Cease Building New Coal Plants: Report Updated On Wed, Apr 24th, 2019 by Saurenergy Utility ceases new coal-fired power development, creates a future based on renewables. One of the country’s largest private integrated power company, Tata Power has recently made it publicly clear that it will cease building new coal-fired capacity, according to a report released by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Tata Power: […] Read more
Need to Look Beyond Green Bonds and Grants, to Risk Capital Updated On Tue, Apr 23rd, 2019 by Saurenergy India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […] Read more
