Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Global Solar PV Installations to Reach Record 114.5 GW in 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […] Read more
AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
Hyundai Working With IOCL for Fast Charging Stations Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motor recently showcased its Kona electric SUV and said that work is on to set up fast charging facilities in association with IOCL Hyundai Motor, which recently showcased its Kona electric Sports Utility Vehicle, said work is on to set up fast charging facilities in select fuel stations in association with the Indian Oil […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
Adani Green Energy Planning 800 MW RE Projects Updated On Thu, Jul 25th, 2019 by Saurenergy Adani Green Energy plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years Adani Green Energy (AGEL) plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years, the company has announced in a […] Read more
Government Eases Norms for Grid Connected Wind Projects Updated On Wed, Jul 24th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has made amendments to the tariff bidding process for wind energy projects, in a move to reduce investment risk and incentivise faster project completion in the sector. The guidelines, which were last notified on 8th December, 2017, are meant exclusively for grid connected projects. The following changes […] Read more
Gujarat Leads Rooftop Solar Segment in India Updated On Wed, Jul 24th, 2019 by Saurenergy Gujarat has emerged as the state with the maximum installed rooftop solar capacity in India with 261.97 MW installed last year. Gujarat has emerged as the state with the maximum installed rooftop solar capacity in India, with 261.97 MW installed in the state as per the latest data that was tabled in Rajya Sabha on […] Read more
