World Bank Commits $1 Bn for Battery Storage to Bolster Renewables Globally Updated On Fri, Sep 28th, 2018 by Saurenergy Also, the program aims to finance 17.5 GWh of battery storage by 2025 – more than triple the 4-5 GWh currently installed in all developing countries. The World Bank Group has committed to investment USD 1 billion for a new global program to ramp up investments in battery storage for energy systems in developing and […] Read more
Govt Extends FAME-I for 6 Months; Withdraws Conventional Battery Vehicles Sops Updated On Fri, Sep 28th, 2018 by Saurenergy The Heavy Industries Ministry said in a statement that, incentives in the remaining period of the scheme shall only be available for registered vehicles. In a bid to promote electric and hybrid vehicles, the Government of India has extended the first phase of the FAME-India scheme by another 6 months till March 31, next year. However, it […] Read more
Trump’s Solar Tariff Created $236.5 Mn in Addl Costs for American Consumers: Report Updated On Thu, Sep 27th, 2018 by Saurenergy “Any trade restrictions imposed on the solar industry hurts American consumers and American workers,” said EnergySage CEO and founder Vikram Aggarwal. EnergySage’s latest semiannual Solar Marketplace Intel Report revealed the economic impact of the Section 201 solar tariffs on residential solar customers in America. Immediately following the US International Trade Commission’s finding of injury to American solar […] Read more
India’s Renewable Energy Addition Falls Almost 20% YoY: Report Updated On Thu, Sep 27th, 2018 by Saurenergy According to data compiled on Renewable Energy by the consultancy firm, Bridge to India, India has added utility scale solar and wind power capacity of 9 GW in the last year till September 30th, 2018. Even after an aggressive approach towards renewable energy development in order to achieve the target of 177 GW by the […] Read more
Tata Power, HPCL Ink Pact for Setting-up Commercial-Scale EV Charging Stations Updated On Thu, Sep 27th, 2018 by Saurenergy As per the deal, both the companies have agreed to collaborate in planning, development and operation of charging infrastructure for EVs (e-cars, e-rickshaws, e-bikes, e-buses, etc.), at suitable locations across India. Country’s one of the leading integrated power company Tata Power and Hindustan Petroleum Corporation (HPCL), a Navratna oil & gas PSU, has signed the […] Read more
Solar-Powered Cochin Intl Airport Wins UN’s Highest Environmental Honour Updated On Thu, Sep 27th, 2018 by Saurenergy “Cochin International Airport will take home the award for Entrepreneurial Vision, for its leadership in the use of sustainable energy,” says UNEP. World’s first solar-powered Cochin International Airport has been conferred with the United Nation’s highest environmental honour for 2018 ‘Champion of the Earth’ award in the Entrepreneurial Vision category. The United Nations Environment Programme (UNEP) […] Read more
Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Narendra Modi, Emmanuel Macron Receive UN’s Champions of the Earth Award Updated On Thu, Sep 27th, 2018 by Saurenergy Both the leaders have been jointly recognized in the Policy Leadership category for their pioneering work in championing the International Solar Alliance and promoting new areas of levels of cooperation on environmental action. Indian Prime Minister Narendra Modi and French President Emmanuel Macron has been awarded with the United Nation’s highest environmental honour for 2018 […] Read more
EIB Allies ISA to Assist Solar Advances in India Updated On Thu, Sep 27th, 2018 by Saurenergy Significantly, ISA plans to raise $1 trillion by 2030 from public and private investors to invest in such solar projects. India has got another push in its bid to attain target of installed 100 GW of solar power by the year 2022 with European Investment Bank (EIB) planning to partner with the International Solar Alliance […] Read more
