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New Solar Energy Plan for Bangladesh Provides Solutions for Energy Security, Rising Costs

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 […]

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Azure Power Posts Q2 2020 Financial Results

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, […]

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Inox Wind Approves Allotment of Rs 199 Cr NCDs to 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 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 […]

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MNRE Scales up PM-KUSUM Scheme to Achieve Enhanced Solar Targets

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 […]

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2021 Carries All Solar Hopes In India, With Expected 8.8 GW Capacity Addition

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 […]

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Storage Emerging As Issue For Europe’s RE Growth

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 […]

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Tata Motors Delivers 65 Electric Vehicles to Kerala Government

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 […]

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SECI Offers Extension in EOI Submission for RE Solutions in Himalayas

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 […]

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