Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] 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
SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […] Read more
EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
Orix Corporation to Issue its First Green Bond in Japan Updated On Tue, Jan 28th, 2020 by Saurenergy The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. Green bonds are bonds issued by companies to finance green projects (such as […] Read more
Limiting Global Warming Will Minimise Climate Costs: Study Updated On Tue, Jan 28th, 2020 by Saurenergy A recent study suggests that if global warming can be restricted to 2 degrees Celcius, the costs of climate damage control will also decrease. A recent study by a group of Postdam scientists has found that the Paris Agreement apart from being politically sensible makes sense in terms of the economy as well. The Paris […] Read more
No. 1 Rank in Clean Energy Investment Underlines India’s Promise And Intent Updated On Fri, Jan 24th, 2020 by Saurenergy Bloomberg New energy Finance, in its Climatescope survey titled “Emerging Markets Outlook 2019” has placed India at the top among developing economies. The top ranking in a list of 104 emerging economies will come as reassurance to many investors, both existing and potential, about their plans for the country. India has been followed by Chile, […] Read more
EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood Updated On Fri, Jan 24th, 2020 by Saurenergy EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […] Read more
UAE Announces new Funding Agreements under $50 Mn Caribbean RE Fund Updated On Thu, Jan 23rd, 2020 by Saurenergy The UAE-Caribbean RE Fund has entered into the second cycle of its 3-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered into the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and […] Read more
