Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme Updated On Wed, Nov 11th, 2020 by Saurenergy The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […] Read more
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
Solar Rooftop Leader Esdec Continues On Acquisition Trail In US, Acquires PanelClaw Updated On Tue, Nov 10th, 2020 by Saurenergy Esdec, the global rooftop solar mounting solutions provider, announced yesterday that it has acquired PanelClaw, the largest supplier of solar mounting systems for commercial roofs in the U.S. With the acquisition of PanelClaw, Esdec expands its customer base and portfolio of products available to the growing commercial and industrial (C&I) solar market. The PanelClaw acquisition […] Read more
Interest to Invest in the Indian Renewable Energy Sector Remains Strong: CEEW-CEF and IEA Updated On Mon, Nov 9th, 2020 by Saurenergy Interest to invest in the Indian renewable energy sector remains strong, according to a new report by CEEW-CEF and IEA Interest to invest in the Indian renewable energy sector remains strong, according to a new report on India’s Clean Energy Investment Trends by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy Agency […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Adani Green Energy Increases Income but net Profit Drops 82% in Q2 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […] Read more
IRENA Bats for Energy Transition Policies to maximise Socio-economic Benefits Updated On Thu, Nov 5th, 2020 by Saurenergy COVID-19 has put a lot of pressure on the energy sector, but renewable energy has been shown to be resilient, providing clean, reliable, easy to mobilise and cost-effective energy solutions. IRENA’s ‘Post-COVID recovery: An agenda for resilience, development and equality’ launched earlier this year shows that a recovery focused on the renewable-based energy transition path […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
