Government to pay Damages to Consumers for Load Shedding Updated On Mon, Jul 15th, 2019 by Saurenergy R K Singh has confirmed that the aim of the Government is to have “One Nation One Grid” and that it will pay damages to consumers in case of load shedding. Union Minister for Power and New and Renewable Energy, R K Singh has said that the aim of the government is to have “One […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
Vattenfall Wins Tender for Dutch Offshore Wind Projects Updated On Fri, Jul 12th, 2019 by Saurenergy Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4, with construction scheduled for 2022. Vattenfall has won the tender for the second phase of the Dutch offshore wind farm Hollandse Kust Zuid (HKZ) 3 & 4. In September 2018, Vattenfall was granted […] Read more
Is AP’s New Government Hurting Solar and Wind Investments Across India? Updated On Thu, Jul 11th, 2019 by Saurenergy After his resounding victory in the assembly polls, this is one promise industry wishes new CM YS Jaganmohan Reddy wouldn’t keep. But to the alarm of many, the Chief Minister seems to be serious about his threat to relook all the previous tenders, including solar and wind energy tenders, signed by the previous government, especially […] Read more
Budget 2019: Solar Sector Gets Only 1.1% Increase in Allocation Updated On Mon, Jul 8th, 2019 by Saurenergy After the revised estimation of last year’s budget allocation is taken into account, this year’s budget has seen a rise of just over a percent for the solar sector The union budget for 2019-20 has provided for a budgetary allocation of Rs 3,004 crore for the solar power sector, including both grid-interactive and off-grid projects, […] Read more
Mexico to Lead Central American, Caribbean Wind Power Growth: Report Updated On Mon, Jul 8th, 2019 by Saurenergy A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in the region through 2028, led by Mexico. A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven […] Read more
Shell Installs UK’s First 150kW EV Charger Updated On Mon, Jul 8th, 2019 by Saurenergy Shell is claiming to have the UK’s first 150kW EV charger on a forecourt, available for use at Shell’s Battersea Service Station in London. Royal Dutch Shell is claiming to have the UK’s first 150kW electric vehicle (EV) charger on a forecourt. The new charger is a part of Shell Recharge, Shell’s on-forecourt Electric Vehicle […] 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
MNRE Details Role of Discoms in 12 GW Solar CPSU Scheme Updated On Fri, Jul 5th, 2019 by Saurenergy MNRE has notified the role of DISCOMs to ensure the smooth implementation of the CPSU program for the development of solar projects worth 12GW. The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of […] Read more
