CRISIL Report on Getting Charged Updated On Fri, Feb 14th, 2020 by Saurenergy By 2024, as much as 43-48 percent of new 3-wheelers (excluding e-rickshaws), and 12-17 percent of new two-wheelers sold in India will be electric vehicles (EVs), a study by CRISIL Research has shown. But traction may be low for 4-wheelers, with only 5 percent of new sales likely to be EVs. The study looked at […] Read more
Sub-Saharan African Nations saw Record Jump in Renewables Investments in 2018: BNEF Updated On Mon, Feb 10th, 2020 by Saurenergy The year 2018 saw USD 2.8 billion spent on RE projects in sub-Saharan Africa – a regional record and some USD 600 million more than the previous year The year 2018 saw USD 2.8 billion spent on renewable (RE) projects in sub-Saharan Africa (excluding South Africa) – a regional record and some USD 600 million […] Read more
Govt in Favour of Domestic Solar Manufacturing, Market not so Much Updated On Fri, Feb 7th, 2020 by Saurenergy The government is heavily indulged in promotion of domestic solar manufacturing, however, when it comes to utilisation on projects, imports are still favoured According to information relayed in a recent parliamentary discussion, the central government is heavily indulged in promotion of domestic solar manufacturing as portrayed by all the policy changes and financial incentives being […] Read more
CIP to Fund Development of Canada’s Largest Solar Project Updated On Tue, Feb 4th, 2020 by Saurenergy Greengate and CIP have entered into an agreement to fund the further development of the Travers Solar project, the largest solar project (to date) in Canada. Greengate Power Corporation and the Copenhagen Infrastructure Partners (CIP) have announced that they have entered into an agreement with the intention to fund the further development and construction of […] Read more
Lightsource BP Secures Debt Facility for 250 MW Solar Cluster in Spain Updated On Tue, Feb 4th, 2020 by Saurenergy Lightsource BP has signed a senior debt facility with NatWest Markets to fund its first Spanish solar project cluster of 250 MW in the province of Zaragoza. Lightsource BP, a global leader in the development, financing, and operation of solar power projects has announced that it has signed a senior debt facility with NatWest Markets […] 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
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Andhra Pradesh Government Planning for 10 GW Solar Project Updated On Mon, Jan 27th, 2020 by Saurenergy Andhra Pradesh is planning to set up a solar project with an installed capacity of 10 GW to meet the increasing demand for power in the agricultural sector The state government of Andhra Pradesh is planning to set up a mega solar power project with an installed capacity of 10 GW in order to meet the increasing demand for power and […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
