EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Viz-A-Viz with Glenn Pearce Oroz, Director of Policy and Programmes, Sustainable Energy for All (SEforALL) Updated On Fri, Feb 1st, 2019 by Saurenergy Govt Sends Clear, Attractive Signal to Invest in India Research clearly shows that businesses and private investment flow into countries that have clear, robust policy and regulatory environments with long term targets. By prioritizing energy access, the government is sending a clear, attractive signal to business to invest in the Indian market, believes Glenn Pearce […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
Viz-A-Viz with Ashit Maru, Co-founder, MYSUN Updated On Wed, Jan 30th, 2019 by Saurenergy Quality Manufacturing and Easy Financing Needs Serious Attention Local manufacturing and the quality standards of local make has to be addressed and scaled-up as well, if we are to see any major boost as a manufacturing hub for rooftop solar. Quality manufacturing and easy financing are the two factors that have to be taken very […] Read more
SECI and HPPC Sign PSA for 590 MW of Wind Power Updated On Tue, Jan 29th, 2019 by Saurenergy SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […] Read more
Kerala Transitioning to Renewable Energy Resources: Power Minister Mani Updated On Mon, Jan 28th, 2019 by Saurenergy Inaugurating solar energy projects worth Rs 37 lakh, state power minister M.M. Mani said that in an attempt to build energy independence, Kerala has started to shift its focus to renewables. Kerala, well on its way to becoming a 100 percent electrified state, is turning its focus to renewable energy resources. Inaugurating solar energy projects […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
Hindustan Aeronautics Limited Inaugurates 8.4 MW Wind Energy Plant Updated On Fri, Jan 25th, 2019 by Saurenergy Aiming for self-reliance in power, Hindustan Aeronautics Limited has unveiled its new 8.4 wind power plant. Contributing towards green energy production and to achieve self-reliance in electricity power requirement, Mr. R Madhavan, CMD-HAL inaugurated an 8.4MW wind energy power plant near Ilkal in Bagalkot district (Karnataka). The power generated from this plant would be used […] Read more
