New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs Updated On Wed, Nov 11th, 2020 by Saurenergy A shift in focus to renewables would help to reduce the need for power subsidies or tariff increases A new National Solar Energy Action Plan that has reportedly been drafted by SREDA – the Sustainable and Renewable Energy Development Authority – could be a significant and timely turnaround in Bangladesh’s renewable energy ambition. The report is coming […] Read more
Azure Power Posts Q2 2020 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […] Read more
Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors Updated On Wed, Nov 11th, 2020 by Saurenergy Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […] Read more
MNRE Scales up PM-KUSUM Scheme to Achieve Enhanced Solar Targets Updated On Wed, Nov 11th, 2020 by Saurenergy MNRE has received sanction from the president for scale-up and expansion of the PM-KUSUM scheme to achieve an enhanced solar capacity of 30.8 GW by 2022 The Ministry of New and Renewable Energy (MNRE) has announced that in continuation of its order from March 2019, regarding the approval of the Pradhan Mantri Kisan Urja Suraksha […] Read more
2021 Carries All Solar Hopes In India, With Expected 8.8 GW Capacity Addition Updated On Tue, Nov 10th, 2020 by Saurenergy A fresh quarterly update from a research agency pegs expected solar capacity addition in the calendar year 2020 (Jan-Dec) at 2.8 GW, while Wind Energy is expected to add just 1.2 GW. However, things should start looking up from the next two quarters itself, i.e. Q4 2020 and Q1 2021, when about 4 GW of […] Read more
Storage Emerging As Issue For Europe’s RE Growth Updated On Mon, Nov 9th, 2020 by Saurenergy Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […] Read more
Tata Motors Delivers 65 Electric Vehicles to Kerala Government Updated On Mon, Nov 9th, 2020 by Saurenergy The Government of Kerala has selected Nexon EV SUV from Tata Motors, for its Motor Vehicle Department, as part of its ambitious ‘Safe Kerala’ programme. The Government of Kerala has selected Nexon EV SUV from Tata Motors, for its Motor Vehicle Department (MVD), as part of its ambitious ‘Safe Kerala’ programme. A smart fleet of […] Read more
SECI Offers Extension in EOI Submission for RE Solutions in Himalayas Updated On Mon, Nov 9th, 2020 by Saurenergy SECI has extended the last date for submission of EOI for its call for RE based solutions for meeting energy requirements in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy […] 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