Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more
Bidding to Begin Soon for 2000 MW Offshore Wind Projects: RK Singh Updated On Fri, Apr 8th, 2022 by Saurenergy While addressing the Clean Energy Ministerial Meeting of senior officials in New Delhi, Minister for New and Renewable Energy, RK Singh informed that bids for 2,000 MW offshore wind energy projects in India will be invited soon and he requested global investors to participate and invest in the offshore wind projects. India has no offshore […] Read more
Delhi’s Budget Wakes Up To Green Potential, targets 2500 MW solar in 5 years Updated On Mon, Mar 28th, 2022 by Saurenergy Delhi’s state government, run by the Aam Aadmi Party through it’s Chief Minister Arvind Kejriwal has finally woken up to the potential in green jobs. In the annual budget presented by state finance minister Manish Sisodia for financial year 2022-23, branded the Rozgar budget or Jobs budget, the government has finally shown awareness of the […] Read more
Austria will Release €250 million for Wind and Solar Projects Updated On Thu, Mar 24th, 2022 by Saurenergy Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […] Read more
‘Grandfathering’ Of Solar Projects Bid Out Before March 9, 2021 Back on Agenda Updated On Thu, Mar 24th, 2022 by Saurenergy The thorny issue of protecting projects that were bid out before March 9, 2021 subsequent to which the Power and MNRE Minister R.K. Singh announced plans to impose high customs duties on Solar module and cell imports, moved a step closer to a resolution it seems. Mr Singh has confirmed that the MNRE ministry has […] Read more
In Conversation with Vineet Mittal, Director & Co-founder, Navitas Solar Updated On Wed, Mar 23rd, 2022 by Saurenergy Navitas Solar has been a well respected player in the solar sector with 200 MW of installed manufacturing capacity in the country. It produces state-of-the-art mono/multi crystalline solar photovoltaic (PV) modules for supply to both on-grid and off-grid residential, commercial as well as industrial establishments. The Surat-based company also provides a complete lifecycle of solar […] Read more
Maldives seeks bids for grid modernisation under World Bank-aided project Updated On Tue, Mar 22nd, 2022 by Saurenergy The Maldivian Ministry of Finance has invited bids for the delivery of grid infrastructure works to support grid modernization as well as the integration of solar PV in the network on 15 islands. The Government of the Republic of Maldives has received financing from the World Bank toward the cost of the ‘Accelerating Renewable Energy […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
