MNRE Shares Concept Note on Plan for one Solar City in Each State/ UT Updated On Mon, Dec 7th, 2020 by Saurenergy MNRE has shared a concept note per which each State should have at least one solar city where all houses have rooftop solar energy plants and all electricity needs of the city are fully met from solar energy or other renewable energy sources. The Ministry of New and Renewable Energy (MNRE) has shared a concept […] Read more
Sunnova Closes Securitization of Residential Solar Systems Updated On Mon, Dec 7th, 2020 by Saurenergy Sunnova Energy International, one of the leading U.S. residential solar and storage service providers, announced that it closed its securitization of leases and power purchase agreements on November 30, 2020. “We are pleased to report the closing of our most successful asset backed securitization to date,“ said William J. (John) Berger, Chief Executive Officer of […] Read more
Delhi Govt Launches EV Forum; Discusses Roadmap for Bicycle Subsidies Updated On Mon, Dec 7th, 2020 by Saurenergy Delhi govt has launched the state EV Forum, a collective platform that will assist in the successful implementation of the EV policy. The state government of Delhi recently launched the Delhi EV Forum, a collective platform that the AAP government expects will be a medium for steered discussions with key stakeholders, and further assist in […] Read more
Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October Updated On Mon, Dec 7th, 2020 by Saurenergy Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […] Read more
2 MW Solar Plant Sees Mizoram Enter India’s Solar Map Updated On Mon, Dec 7th, 2020 by Saurenergy With the commissioning of what is its 1st solar power plant, a 2 MW capacity system, Mizoram has entered its place on India’s solar power map. With the commissioning of what is its first solar power plant, a 2 MW capacity system, Mizoram has recently earned its place on India’s solar power map. Mizoram Power Minister R. Lalzirliana inaugurated […] Read more
MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level Updated On Mon, Dec 7th, 2020 by Saurenergy The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […] Read more
India’s Leadership on Solar and Global Carbon Neutrality Goals can Help Achieve Climate Goals Updated On Mon, Dec 7th, 2020 by Saurenergy UN DSG Amina Mohammed has said that India’s leadership on solar is reason to believe that “we can achieve our climate goals.” UN Deputy Secretary-General Amina Mohammed has said that India’s leadership on solar and industry transition amidst over 110 countries committing to carbon neutrality goals by 2050 is reason to believe that “we can […] Read more
Investment in Green Hydrogen to Exceed USD 1 Billion by 2023: IHS Markit Updated On Mon, Dec 7th, 2020 by Saurenergy According to the Information Handling Service Markit (IHS), London, the Annual global investments in Green Hydrogen (hydrogen production powered by renewable sources) are now expected to exceed USD 1billion by 2023. IHS released news on 3rd December 2020 stating that the increased investment is possibly connected to the falling costs and policy support from governments, […] Read more
Ørsted Takes FID on 430 MW Solar Project Near Houston Updated On Sat, Dec 5th, 2020 by Saurenergy Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […] Read more
