PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
Another Deadline Extension for SECI’s Solar Plus Storage Project in Ladakh Updated On Tue, Jul 28th, 2020 by Saurenergy SECI has once again extended the deadline for its tender for setting up of 14 MW solar projects with 42 MWh associated BESS in Ladakh under PMDP-2015. The Solar Energy Corporation of India (SECI) has once again extended the deadline for bid submissions for its tender for setting up of 14 MW solar PV power […] Read more
Renesola Secures USD 12 Million Financing for 19 MW Solar Project Updated On Mon, Jul 27th, 2020 by Saurenergy ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […] Read more
Farmers in UP City to get 160 Solar Pumps Under KUSUM Scheme Updated On Mon, Jul 27th, 2020 by Saurenergy The Pilibhit agriculture department in UP is set to provide 160 solar pumps to farmers on subsidy, under the PM KUSUM scheme of the Union government. The Pilibhit agriculture department in Uttar Pradesh (UP) is set to provide 160 solar pumps to farmers on subsidy, under the Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (KUSUM) scheme of the Union […] Read more
EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus Updated On Fri, Jul 24th, 2020 by Saurenergy In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […] Read more
Record Number of Microgrids Installed in US Last Year: WoodMac Updated On Thu, Jul 23rd, 2020 by Saurenergy 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […] Read more
Solar Installations in Q1 2020 Slowed Down in India, China and US: Report Updated On Mon, Jul 20th, 2020 by Saurenergy According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […] Read more
Over 1 Bn at Risk From Lack of Sustainable Cooling Access: SEforALL Updated On Fri, Jul 17th, 2020 by Saurenergy A new report from SEforALL looked at 54 countries and finds that 1.02 billion people lack cooling access and remain at high risk With significantly higher rates of poverty and malnutrition forecast throughout the year due to COVID-19, a new report from Sustainable Energy for All (SEforALL) shows that without access to sustainable cooling, countries will struggle to fully recover. The report ‘Chilling […] Read more
Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA Updated On Wed, Jul 15th, 2020 by Saurenergy New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […] Read more
