Union Budget Envisions India as Global Hub for Manufacturing EVs Updated On Fri, Jul 5th, 2019 by Saurenergy The Union Budget has outlined various proposals for boosting manufacturing of EVs and developing India as a global hub. The Union Budget has outlined various proposals for giving a boost to the manufacturing of electric vehicles (EVs) and developing India as a global hub for the same. Finance Minister Nirmala Sitharaman has presented the union […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions Updated On Thu, Jul 4th, 2019 by Saurenergy The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […] Read more
Dutch Plan to Cut Emissions by Half and Raise Renewable Capacity by 2030 Updated On Mon, Jul 1st, 2019 by Saurenergy The Netherlands in its new National Climate Agreement is planning to reduce its GHG emissions by half compared to 1990 levels by 2030. According to the country’s latest National Climate Agreement, the Netherlands is planning to reduce its greenhouse gas emissions by half compared to 1990 levels by 2030. The measures to do this are […] 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
Win at WTO against US solar Tariffs Unlikely to Help India Much Updated On Fri, Jun 28th, 2019 by Saurenergy India’s complaint against the US, and specifically against 8 US states that added tariffs on renewable sector imports from the country has found support at the WTO, with the global trade body’s dispute panel supporting the Indian stand. Made public yesterday, the ruling, even as it pronounced the US ‘guilty’ of unfair trade practices in […] Read more
Renewables to Provide 21% Electricity for Energy Hungry Data Centres: Survey Updated On Thu, Jun 27th, 2019 by Saurenergy A new survey has projected then that around 21% of the power required to run data centres would come from renewables by 2025. A new survey has revealed that corporates aren’t as bullish on the prospects for renewables like solar and wind power in powering data centres as they were in 2014. They had projected […] Read more
India to Add 131.31 GW of Power Generation Capacity till 2022: R K Singh Updated On Wed, Jun 26th, 2019 by Saurenergy India will add 131.31 GW of power generation capacity from 2019 to 2022, the Parliament was informed in a written reply from R K Singh. India will add 131.31 GW of power generation capacity from 2019 to 2022, the Parliament was informed in a written reply from Union Minister of State for Power and New and Renewable […] Read more
India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary Updated On Wed, Jun 26th, 2019 by Saurenergy India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […] Read more
