Impact of GST on Solar and Coal Power in India Updated On Tue, Jul 16th, 2019 by Saurenergy In this report, the authors have analysed the impact of the Goods and Service Tax (GST) on the Solar sector vis-a-vis the coal sector. The analysis fills an important gap considering the high share of thermal power in the energy grid in India, as compared to the high hopes from Solar power going forward. Do […] Read more
Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat Updated On Fri, Jul 12th, 2019 by Saurenergy Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […] Read more
Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
UN Fund GCF Removes Veto Power Over Climate Projects Updated On Thu, Jul 11th, 2019 by Saurenergy UN’s Green Climate Fund changed its rules at the latest meeting where it announced US$267 million towards United Nations Development Programme (UNDP) supported countries. The United Nations’ Green Climate Fund has changed its rules so no single country can block finance, as recently it happened when the US intervened in a Chinese bid. The decision […] Read more
India’s Rooftop Solar Capacity Crosses 4 GW Mark: Bridge To India Updated On Wed, Jul 10th, 2019 by Saurenergy Cumulative Indian Rooftop Solar installed capacity exceeds 4-GW Mark on March 31, 2019, says Bridge To India The Indian Solar Rooftop market crossed 4 GW in total capacity by Mar 31, 2019, reaching a total of 4,375 MW, according to Bridge to India’s (BTI) India Solar Rooftop Map 2019. The lion’s share of this capacity […] Read more
Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank Updated On Tue, Jul 9th, 2019 by Saurenergy Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […] Read more
Delhi To Get 2000 Electric Buses & Charging Stations by 2021 Updated On Tue, Jul 9th, 2019 by Saurenergy The national capital region of Delhi will soon have a strong fleet of around 2000 electric buses plying on its road in the next two years The Delhi government is inducting 1000 electric buses for the state while Delhi Transport Corporation is in the process to procure another 1000 electric buses under the cluster scheme. […] Read more
Budget 2019: Solar Sector Gets Only 1.1% Increase in Allocation Updated On Mon, Jul 8th, 2019 by Saurenergy After the revised estimation of last year’s budget allocation is taken into account, this year’s budget has seen a rise of just over a percent for the solar sector The union budget for 2019-20 has provided for a budgetary allocation of Rs 3,004 crore for the solar power sector, including both grid-interactive and off-grid projects, […] Read more