India Will Need $ 500-700 bn in Renewable Investments by 2030 Updated On Mon, Aug 19th, 2019 by Saurenergy India will require USD 500-700 billion in renewable energy and supporting grid investments by 2030, in order to meet its renewable energy targets. A new analysis has revealed that India will require USD 500 – 700 billion in renewable energy and supporting grid investments over the coming decade in order to meet its renewable energy […] Read more
After Slow Down, Tesla Restarts Solar Business With Rental Plans Updated On Mon, Aug 19th, 2019 by Saurenergy Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them from the company at no upfront cost Tesla is trying to spark its solar panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030 Updated On Wed, Aug 14th, 2019 by Saurenergy Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […] Read more
CARE Downgrades Outlook of 11 Telangana Solar Firms Updated On Tue, Aug 13th, 2019 by Saurenergy After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […] Read more
UK Government Doubles Funding for on Street EV Charging Points Updated On Tue, Aug 13th, 2019 by Saurenergy The UK government is doublings its GBP 2.5 million funding for the installation of over 1,000 new electric vehicle (EV) chargepoints. Owning and charging an electric vehicle (EV) is set to become more convenient than ever in the United Kingdom thanks to an additional GBP 2.5 million for funding the installation of over 1,000 new […] Read more
Portugal Awards World’s Lowest Cost Solar Contract Updated On Tue, Aug 13th, 2019 by Saurenergy Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […] Read more
SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed Updated On Mon, Aug 12th, 2019 by Saurenergy SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […] Read more
