Delhi Announces Interest Subvention Scheme of 5% in EV Purchases Updated On Mon, Mar 22nd, 2021 by Saurenergy Delhi Transport minister Kailash Gahlot has announced that the government is soon going to introduce an interest subvention scheme worth 5 percent for electric vehicle (EV) purchases in the state. This initiative has been taken to promote the Delhi government’s EV policy offering financial incentives on all categories of e-vehicles – two-wheelers, three-wheelers, four-wheelers, goods […] Read more
German Utility EnBW Building two Subsidy-Free Solar Projects Worth 300 MW Updated On Mon, Mar 22nd, 2021 by Saurenergy German Utility EnBW is building two more subsidy-free large-scale solar projects in Brandenburg with a capacity of 150 MW each. German Utility Energie Baden-Württemberg i.e. EnBW has announced that it is building two more subsidy-free large-scale solar photovoltaic projects in Brandenburg with a capacity of 150 megawatts (MW) each. These new projects follow on from […] Read more
MNRE Urgently Needs Strategic Plan to Achieve 100 GW Solar Target: SCOE Updated On Mon, Mar 22nd, 2021 by Saurenergy The SCOE has recommended MNRE to speedily work out a strategic plan to achieve the target of 100 GW solar energy within the deadline of 2022 The Standing Committee on Energy (SCOE) recently presented its 17th report on ‘Action Plan for the achievement of 175 Gigawatt (GW) Renewable Energy Target’, relating to the Ministry of […] Read more
CESL Officially Launches the GRAM UJALA Programme Updated On Fri, Mar 19th, 2021 by Saurenergy CESL has unveiled the GRAM UJALA programme, under which it plans to distribute LED bulbs at an affordable cost of Rs 10 per bulb in rural areas Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has officially unveiled the GRAM UJALA programme. Under this programme, CESL will distribute high-quality […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar Updated On Fri, Mar 19th, 2021 by Saurenergy USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […] Read more
Sunlight Secures ~$2.5 Bn in Solar Financing via Expanded Partnership With Tech CU Updated On Thu, Mar 18th, 2021 by Saurenergy Sunlight Financial, a premier, technology-enabled point-of-sale residential solar financing platform, today announced that Tech CU, a Silicon Valley-based credit union, has committed to fund another nearly $2.5 billion in residential solar and storage systems sold and installed by Sunlight partners over the next three years, expanding upon a long-term partnership between Sunlight and Tech CU […] Read more
Adani Green Raises $1.35 Bn for 1.69 GW of Solar, Wind Assets in Rajasthan Updated On Thu, Mar 18th, 2021 by Saurenergy Adani Green Energy has successfully raised USD 1.35 billion to initially finance a 1.69 GW portfolio of solar and wind projects in Rajasthan. Adani Green Energy Limited (AGEL) has announced that it has successfully raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of […] Read more
Amplus Solar Announces the Finalists of ‘The MILES Challenge’ Updated On Thu, Mar 18th, 2021 by Saurenergy Amplus Solar has announced the Green List i.e. the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. Amplus Solar has announced the Green List, the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. The challenge was launched in January 2021 for start-ups with ready to deploy innovations […] Read more
