Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Govt May Lower GST Rate for EVs to 5% Updated On Wed, Jun 19th, 2019 by Saurenergy Government of India may slash down GST levied on the sale of electric vehicles in the upcoming 35th GST council on June 20. India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the current government. The […] Read more
Uttar Pradesh Issues EoI For Setting Up EV Charging Stations Updated On Wed, Jun 19th, 2019 by Saurenergy UPEIDA has issued an EoI for setting up of charging stations for EV in cities and highways/ expressways in Uttar Pradesh. The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has issued an Expression of Interest (EoI) for setting up of charging stations for electric vehicles (EV) in cities and highways/ Expressways in Uttar Pradesh. The […] Read more
Hindustan Platinum acquires ABB’s Puerto Rico Manufacturing Plant Updated On Mon, Jun 17th, 2019 by Saurenergy Hindustan Platinum has announced the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico. Embarking the journey of a new era, Hindustan Platinum, a leading refiner and manufacturer of precious metal products and services announces the asset purchase of ABB’s Humacao electrical contacts manufacturing plant in Puerto Rico, hence strengthening its international […] Read more
Global Action Needed to Scale Up Hydrogen For a Clean & Secure Energy Future Updated On Fri, Jun 14th, 2019 by Saurenergy The world has an important opportunity to tap into the vast potential of hydrogen to become a critical part of a more sustainable and secure energy future, the International Energy Agency (IEA) has revealed in a major new report. The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
IEEFA Paper on Post-Election, India Must Formalise Energy Reforms Already Long Deliberated Updated On Thu, Jun 13th, 2019 by Saurenergy Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to generate 275 gigawatts (GW) from renewable energy sources by 2027. This new paper by IEEFA, “Post-election, India must formalise energy reforms already long deliberated” provides […] Read more
IRENA Report on Hydrogen from Renewable Power: Technology Outlook for the Energy Transition Updated On Thu, Jun 13th, 2019 by Saurenergy As the world strives to cut carbon emissions, electric power from renewables has emerged as a vital energy source. Yet transport and industry will still require combustible fuels for many purposes. Such needs could be met with hydrogen, which itself can be produced using renewable power. Hydrogen provides high-grade heat, helping to meet a range […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more
