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
China To Dominate CSP Revival in Long Term Updated On Mon, Jul 1st, 2019 by Saurenergy Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […] 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
Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report Updated On Thu, Jun 27th, 2019 by Saurenergy According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […] Read more
Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems Updated On Tue, Jun 25th, 2019 by Saurenergy Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […] Read more
Will an open access policy across India give the much needed thrust to solar power? Updated On Sat, Jun 22nd, 2019 by Saurenergy Open access policy open ways to buy power at competitive price, this policy can be a game changer in the solar sector. Here we have taken a quick opinion on this from a few industry veterans, see what they say… Jaideep N. Malaviya, Secretary General, Solar Thermal Federation of India (STFI) “Open access for […] Read more
TERI Suggests Four-Pronged Strategy to Govt for E-Mobility Updated On Fri, Jun 21st, 2019 by Saurenergy The move came after recent bold proposal from the government think tank Niti Aayog for permitting sale of only EVs by 2030, which likely to impose substantive costs on users. In wake of India’s efforts towards achieving its e-mobility targets, country’s one of the leading energy and environment think tank, The Energy and Resources Institute […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
