Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
CO2 Emissions Fell by 12%, as Wind & Solar Took the Lead in Europe Updated On Thu, Feb 6th, 2020 by Saurenergy A new report has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar provided more electricity than coal A new report, presenting the latest insights on Europe’s electricity transition has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar energy sources […] Read more
Over 7.5 GW of RE Capacity Commissioned up to December 2019: RK Singh Updated On Wed, Feb 5th, 2020 by Saurenergy RK Singh has informed that just over 7.5 GW of new renewable energy (RE) capacity has been commissioned in the financial year 19-20 up to December 2019. Union Minister for Power and New and Renewable Energy, RK Singh in response to a question raised in the Rajya Sabha has informed that just over 7.5 GW […] Read more
Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers Updated On Mon, Feb 3rd, 2020 by Saurenergy Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […] Read more
Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
Tender for 14 MW Solar With 42 MWh BESS Issued in Leh and Kargil Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an RfS for setting up of 14 MW solar power plants with 42 MWh Battery Energy Storage Systems in Leh and Kargil The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for setting up of 14 MW solar power plants with 42 MWh Battery Energy Storage Systems […] Read more
Economic Survey 2019-20. Opportunity Ignored? Updated On Fri, Jan 31st, 2020 by Saurenergy The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […] Read more
EY Announces Commitment to be Carbon Neutral by end of 2020 Updated On Fri, Jan 31st, 2020 by Saurenergy EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. The commitment reflects the firms’ focus towards becoming a […] Read more