Cabinet Approves Second Phase of FAME Scheme with Outlay of Rs 10,000 Cr Updated On Fri, Mar 1st, 2019 by Saurenergy The Union cabinet has approved the second phase of the FAME scheme with an incentive layout of Rs 10,000 crores. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for the implementation of the Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme for promotion […] Read more
SECI Seeking Owners Engineer For Andhra Pradesh Hybrid Project Updated On Thu, Feb 28th, 2019 by Saurenergy The last date of submission of the EoI is March 25, 2019. The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EOI) for the selection of owners engineer for the 160 MW solar-wind hybrid power plant with Battery Energy Storage System (BESS) at Ramagiri, Anantapur District, Andhra Pradesh. The selection of […] Read more
Siemens Gamesa Signs 48 MW Wind Turbine Agreement in Bosnia Updated On Thu, Feb 28th, 2019 by Saurenergy The deadline for commissioning the project is 21 months and the expected annual production is from the wind farm upon completion is around 130 GWh. Siemens Gamesa has signed a $78.4 million agreement with the Bosnian public electric utility company (EPBiH) to supply 15 wind turbines for a future wind farm. The wind power company […] Read more
Spain Amends Renewable Energy Targets to 74% By 2030 Updated On Wed, Feb 27th, 2019 by Saurenergy The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […] Read more
General Motors Partners With DTE To Source Wind Energy in Michigan Updated On Wed, Feb 27th, 2019 by Saurenergy The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […] Read more
Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution Updated On Tue, Feb 26th, 2019 by Saurenergy The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […] Read more
Retrofit Transmission Lines and Wind Turbines to Avoid Bird Collision : MNRE Updated On Tue, Feb 26th, 2019 by Saurenergy Transmission agencies and wind energy developers may identify critical power transmission lines and wind energy farms passing through the GIB habitats and accordingly take up risk mitigation measures against bird hits. The Ministry of New and Renewable Energy (MNRE) has issued an order with compliance to the Ministry of Environment, Forest and Climate Changes (MOEF&CC) […] Read more
Waaree Energies Targets Rs 400 Cr Revenue From Rooftop Segment Updated On Tue, Feb 26th, 2019 by Saurenergy Targets to commission 100 MW rooftop projects in the coming financial year. Waaree Energies, one of India’s largest solar PV manufacturer, looks towards the rooftop solar and aims at adding close to Rs 400 crore for the financial year ending 2020, exclusively through the segment. Rooftop solar will be one of the key focus segments […] Read more
Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
