FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
IEEFA Report on Electric Vehicles and Batteries Can Drive Growth of Residential Solar Updated On Thu, Jun 20th, 2019 by Saurenergy This report assesses the prospects for residential solar, batteries and electric vehicles (EVs) in Britain and Germany. These technologies are expected to be at the center of global energy system disruption in the future, because of declining costs and their close fit with a global energy system increasingly transitioning towards decarbonisation, decentralisation, digitalisation and democratisation. […] Read more
Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan Updated On Thu, Jun 20th, 2019 by Saurenergy Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […] Read more
HPGCL Floats Tender For 16 MW Solar Projects in Two Villages Updated On Thu, Jun 20th, 2019 by Saurenergy The Haryana Power Generation Corporation Ltd. (HPGCL) has issued a tender for the development of two solar power projects worth combined 16 MW in Haryana. The two solar projects worth a combined 16 MW will be developed as a 10 MW plant at the Dhandlan Village in Jhajjar, Haryana and a 6 MW solar plant […] Read more
JinkoSolar Supplies 351 MW Solar Modules For Vietnamese PV Project Updated On Thu, Jun 20th, 2019 by Saurenergy JinkoSolar has supplied Power Construction Corporation of China with 351 MW of solar modules for the Hồng Phong solar PV plant in Vietnam. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it has supplied Power Construction Corporation of China with 351 MW of solar modules, which were installed at the Hồng Phong solar PV plant […] Read more
Ghaziabad Follows Chandigarh Lead in Solar with Mandatory Installations Updated On Thu, Jun 20th, 2019 by Saurenergy Ghaziabad, which has grown tremendously in the past decade as part of the NCR region, often at the expense of the environment, may finally be waking up to need to balance growth with a greener approach. A new order is likely this month that will make it compulsory for all government and semi-government offices on […] Read more
Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Govt May Lower GST Rate for EVs to 5% Updated On Wed, Jun 19th, 2019 by Saurenergy Government of India may slash down GST levied on the sale of electric vehicles in the upcoming 35th GST council on June 20. India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the current government. The […] Read more
