India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
HSBC ‘Green Deposit’ for Corporates Updated On Sat, Sep 26th, 2020 by Saurenergy PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the […] Read more
Old King Coal is Dead – Long Live The King Updated On Sat, Sep 26th, 2020 by Saurenergy Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […] Read more
West Bengal Government Planning for Floating Solar Projects Updated On Sat, Sep 26th, 2020 by Saurenergy The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land. The West Bengal government is planning to develop floating solar power projects in a big way as it does not require a large tract of land, a minister said on September 25, 2020. The government is exploring […] Read more
MSEDCL Continues To Write the Rulebook On Killing Solar Rooftop Updated On Fri, Sep 25th, 2020 by Saurenergy The Maharashtra State Energy Distribution Company Limited continues to find new ways to rile up solar stakeholders. Their latest effort, or ‘non effort’ relates to the piffling demand for central solar subsidy worth Rs 3 crores, for just 25 MW, when the potential in the state according to most experts is easily over 1000 MW. […] Read more
“Govt. should do away with all financial subsidies for the solar biz”, Rahul Gupta, Rays Experts Updated On Fri, Sep 25th, 2020 by Saurenergy Rays Experts, an early entrant to the solar sector in 2011, has been a quite and dependable performer. Focused mainly on EPC and rooftop work till recently, the firm just inaugurated the first 10 MW of its solar park in Haryana, a first for the state too. We spoke to Rahul Gupta, MD &CEO, who […] Read more
Tata Power’s 200 Microgrids to be Ready by 2021 Updated On Mon, Sep 21st, 2020 by Saurenergy TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […] Read more
Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline Updated On Sat, Sep 19th, 2020 by Saurenergy Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […] Read more
