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
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
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
EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems Updated On Fri, Jan 31st, 2020 by Saurenergy Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […] Read more
The Red Tape Challenge. How RE Producers in India Are Squeezed Updated On Fri, Jan 31st, 2020 by Saurenergy While meeting people within and outside the renewables industry, almost everyone agrees that unlike other sectors, a key part of the work, namely, the actual build up of renewable projects, in terms of procurement, transportation and commissioning at site, is probably the easiest part of the job.In fact, the mismatch between the time taken to […] 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
AEP Signs PPA With Evergy for new 128 MW Wind Project in Kansas Updated On Fri, Jan 31st, 2020 by Saurenergy AEP Renewables has signed a long-term power purchase agreement (PPA) with Evergy Inc. for the output of the new Flat Ridge 3 wind project. American Electric Power’s subsidiary AEP Renewables has announced that it has signed a long-term power purchase agreement (PPA) with Evergy Inc. for the output of the new Flat Ridge 3 wind […] Read more
EESL Signs MoU With BHEL to set up Public EV Charging Network Across India Updated On Thu, Jan 30th, 2020 by Saurenergy EESL has signed an MoU with BHEL to set up a network of Public Charging Infrastructure for EV at various highways across the country. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), one of the largest engineering and […] Read more
