WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA Updated On Thu, Sep 26th, 2024 by Saurenergy The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […] Read more
BluPine Commissions Its First 120 MW Solar Project In Gujarat Updated On Wed, Sep 25th, 2024 by Saurenergy Renewable energy project developer BluPine Energy today announced the successful commissioning of its 120 MW solar project in Gujarat. This project includes a 70 MW solar plant at Radhanpur and a 50 MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL 16 […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
Powergrid Bags Khavda 7GW RE Transmission Project Updated On Fri, Sep 20th, 2024 by Saurenergy The Powergrid Corporation of India Limited (PGCIL) announced a new renewable energy evacuation project from Khavda in Gujarat. The Central Public Sector Enterprise (CPSE) informed the stakeholders regarding the latest development in its filing before the stock exchange. As per the plan, the company with this project will help in evacuating 7 GW of green […] Read more
Research Analyst – Steel and Raw Materials Updated On Wed, Sep 18th, 2024 by Saurenergy Steel will play a pivotal role in the global energy transition and will be an integral part of solar panels, wind turbines, electric vehicles, dams, etc. In parallel the industry will also create a number of opportunities for newer technologies and energy products especially hydrogen as it decarbonizes. Industry stakeholders across the steel and raw […] Read more
IREDA To Raise Rs 4,500 Crore Via QIP Updated On Wed, Sep 18th, 2024 by Saurenergy IREDA (Indian Renewable Energy Development Agency), recently received approval to raise Rs 4,500 Crore Fundraise Via qualified institutional placement (QIP). The public limited government company in principle received approval from the Board of Directors of IREDA to raise funds in one or more tranches. The Department of Investment and Public Asset Management (DIPAM), conveyed the […] Read more
Gautam Solar Announces Cell Making Foray With 2 GW Capacity Updated On Wed, Sep 18th, 2024 by Saurenergy New Delhi based Gautam Solar, a 27+ years experienced solar manufacturer, is preparing to launch a significant venture to establish a 2 GW solar cell manufacturing plant in the first phase. With an estimated investment of Rs. 1000 crores for the 2 GW solar cell facility, the company wants to cater to the growing demand […] Read more
Germany To Aid In India’s 500 GW RE Capacity Plan Updated On Wed, Sep 18th, 2024 by Saurenergy The German Economic Cooperation and Development Minister, Svenja Schulze has announced that Germany will invest in the renewable energy sector in India. She stated at the Re-Invest 2024 event held in the city of Gandhinagar. Schulze said Germany has a technological lead in renewables, adding it’s will to prop up India to achieve the ambitious […] Read more
