Over 90% of Electric 2Ws in India To Lose FAME II Subsidy: Report Updated On Mon, Apr 8th, 2019 by Saurenergy A shocking discovery has been made for the Indian electric two-wheeler manufacturers, the much-awaited FAME II scheme eligibility criteria will see around 95% of the existing electric two-wheelers miss the subsidy support, says a report by CRISIL. On March 28, 2019, the Ministry of Heavy Industry and Public Enterprise issued a notification, which laid out […] Read more
$59 Million Fund to Accelerate Research in Batteries and Electric Vehicles Updated On Mon, Apr 8th, 2019 by Saurenergy Funded through the Office of Energy Efficiency and Renewable Energy, this funding opportunity seeks projects to address priorities in advanced batteries electric drive systems, and energy efficient mobility systems amongst other areas of interest. The U.S. Department of Energy, Under Secretary of Energy, Mark W. Menezes has announced up to $59 million for new and […] Read more
GE to Supply Benin’s 1st ADMS Grid Soln; Inks 2 Deals in West Africa Updated On Mon, Apr 8th, 2019 by Saurenergy As per the deal, the company will build energy systems in Benin and upgrade three substations in Cote d’Ivoire. GE Renewable Energy’s grid solutions business has bagged two contracts in West Africa to provide its energy solutions to help foster economic development and growth in Benin and Cote d’Ivoire. As per the deal, the company […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
Telecom Secretary Proposes Joint Task Force with MNRE to Push Green Tech in the Sector Updated On Fri, Apr 5th, 2019 by Saurenergy Telecom Secretary Aruna Sundararajan has proposed setting up a joint task force with the Ministry of New and Renewable Energy (MNRE) to promote green technology in the sector. “It is critical that we should set up a joint task force between the two ministries (Telecom and MNRE) to ensure that we work on this together. The […] Read more
$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments Updated On Fri, Apr 5th, 2019 by Saurenergy The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […] Read more
Sharp Launches 3 New Mono-PERC Modules With 19.1% Efficiency Updated On Thu, Apr 4th, 2019 by Saurenergy Sharp has unveiled three new high-efficiency mono-PERC solar panels. These range from 300 W to 370 W, and the five-busbar modules are designed for use in a range of applications, from residential PV projects to large commercial installations. Japnese electronic giant Sharp adds that all three modules, the NU-AH370, NU-AK310 and NU-AK300B, can be mounted […] Read more
India Should Evaluate BESS as a Viable Storage Tech Updated On Thu, Apr 4th, 2019 by Saurenergy The US-India Strategic Partnership Forum (USISPF) has said that grid-connected battery-based energy storage system (BESS) should be evaluated more actively as a commercial storage technology for grid services, as it offers superior performance and a declining price trend in the future. “In the 21st century, India’s symbol of national pride should be its grid that […] Read more
Maharashtra Order 5 Entities to Comply with the State’s RPO Updated On Thu, Apr 4th, 2019 by Saurenergy MERC has ordered five entities which include Indian Railways, Tata Power and BEST to comply with its Solar and Non-Solar RPO for the present and previous financial years. The Maharashtra Electricity Regulatory Commission (MERC) has formally asked five entities operating in the state to comply with its solar and non-solar renewable purchase obligation (RPO) for […] Read more
