With Rising Demand, Tech Advancements, Govt Push in ’22, EV Firms Are Raring to Go in ’23 Updated On Mon, Jan 2nd, 2023 by Saurenergy To circumvent the impact of increasing oil import bills, Indian government’s policy initiatives over the last couple of years has accelerated the adoption of e-mobility. As per the Ministry of Heavy Industries estimates, in 2022, 7.47 lakh EVs were sold under the FAME-II Scheme, as compared to 2.37 Lakh sold in FY2021-22. Faster Adoption and […] Read more
Maharashtra Set to Provide 5 Lakh Solar Pumps Under PM-KUSUM: Dy CM Updated On Mon, Jan 2nd, 2023 by Saurenergy The State of Maharashtra looks bullish as far as the utilization of PM-KUSUM Yojana is concerned. In a major announcement, the State’s Deputy Chief Minister Devendra Fadnavis has said that the state government is planning to provide the farmers of Maharashtra with solar pumps. The Deputy CM held that the plan is to benefit five […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
Delhi High Court Provides Solar Developer Protection Against Retrospective Denial of Concessional Rate of Customs Duty Updated On Wed, Dec 28th, 2022 by Saurenergy The Delhi High Court has granted temporary protection to ReNew Hans Urja, a solar developer, from the retroactive denial of a reduced rate of customs duty on imports for a 600 MW solar power project. The Project Import Regulations Act of 1986’s registration requirements for the products had previously been met, thus the court ordered […] Read more
Walla Walla Solar Farm Helps Australia’s GRS Seal Year with Almost 2 GW Pipeline at Hometurf Updated On Wed, Dec 28th, 2022 by Saurenergy Australia’s largest EPC firm GRS, a part of Gransolar Group, has entered into an agreement with renewable energy Independent Power Producer Fotowatio Renewable Ventures Australia (FRV Australia) to build the Walla Walla solar plant. The plant, which is to come up in New South Wales, will boast of a capacity of 300 MWac. Walla Walla […] Read more
EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects Updated On Wed, Dec 28th, 2022 by Saurenergy The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […] Read more
Tata Power-DDL & NTPC School of Business to Nurture Manpower in RE Sector Updated On Tue, Dec 27th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Ltd (Tata Power-DDL) recently signed a Memorandum of Understanding (MoU) with NTPC School of Business to advance its vision of building a sizable pool of qualified and trained manpower in the energy sector. By combining the knowledge and resources of […] Read more
US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank Updated On Tue, Dec 27th, 2022 by Saurenergy Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […] Read more
