India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Maharashtra Races To Top In EV Pile With FAME 2 Fuel Updated On Thu, Feb 9th, 2023 by Saurenergy Maharashtra is leading in the number of EVs sold across all segments. The State has achieved this place with the help of the FAME II Scheme. It has 2.96 lakh EVs out of total 16.73 lakh EVs/hybrids in the country. The next in line are Karnataka and Tamil Nadu with 2,03,592 and 1,69,006 respectively. FAME […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Budget 2023 Offers No Surprises, Focus On Continuity Updated On Wed, Feb 1st, 2023 by Saurenergy With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Rajesh Exports Signs Agreement With Centre & Karnataka For 5GWh Lithium Cells Factory Updated On Wed, Jan 25th, 2023 by Saurenergy Rajesh Exports Limited (REL) has announced that it has signed a tripartite agreement with the Central Government and Karnataka state government under which it will set up a 5 GWh gigafactory to manufacture lithium ion cells for battery production. The company said that it was selected by the Central Government as one among the successful […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
Adani Group Assigns 30,00 TPA Polysilicon Manufacturing Project to EIL Updated On Mon, Dec 19th, 2022 by Saurenergy In an interesting move, public sector consulting firm Engineers India Limited (EIL), which has hitherto had a strong presence in the oil, gas and fertiliser sectors, has announced a major deal from the Adani Group for consulting on a 30,000 MTPA Polysilicon facility at Mundra, Gujarat. Mundra is where Adani group is putting together it’s […] Read more
Bengaluru’s SUN Mobility Looks Ahead With Fastest Charging Station in World Updated On Thu, Dec 1st, 2022 by Saurenergy Investments in the EV sector are growing by the minute. In 2021, the sector saw investments worth $6 Bn. This number is expected to more than triple to $20 Bn by 2030. Against this backdrop, it’s no surprise that emobility firms are eyeing big projects and chasing gigantic targets. Bengaluru’s SUN Mobility, a leading provider […] Read more
