FIEE SGR Closes its Second Fund Dedicated to Energy Efficiency Updated On Fri, Aug 7th, 2020 by Saurenergy FIEE SGR the leading Italian fund specialising in energy efficiency for energy transition has launched its second fund with the 1st close of €127.5 million Fondo Italiano per l’Efficienza Energetica SGR (FIEE SGR), the leading Italian fund and one of the largest European funds specialising in energy efficiency for energy transition, has launched its second […] Read more
SunSource Inaugurates 6 MW Rooftop Solar PV Project Updated On Tue, Aug 4th, 2020 by Saurenergy Project is developed on 5 rooftops, spread across 21,00,000 square feet SunSource Energy, a leading provider of solar-based energy and storage solutions to commercial and industrial organizations, today inaugurated its 6 MW rooftop solar PV project in Bhilwara, Rajasthan. This project will provide clean energy to one of the industrial sites of one of the leading textile companies based […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
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
20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur Updated On Sat, Jul 18th, 2020 by Saurenergy The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […] Read more
EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects Updated On Tue, Jul 7th, 2020 by Saurenergy EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […] Read more
FICCI Makes the Case for Extending FAME-II by 2 Years Updated On Fri, Jul 3rd, 2020 by Saurenergy FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […] Read more
Capital Dynamics Completes Acquisition of 353 MW Solar Portfolio Updated On Wed, Jul 1st, 2020 by Saurenergy Capital Dynamics has announced that its CEI business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal Energy Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure (CEI) business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal […] Read more
Niti Aayog Report on Towards a Clean Energy Economy Updated On Wed, Jul 1st, 2020 by Saurenergy The report, Towards a Clean Energy Economy: Post-COVID-19 Opportunities for India’s Energy and Mobility Sectors, by government think tank Niti Aayog and the Rocky Mountain Institute (RMI), advocates for stimulus and recovery efforts including electric vehicle, energy storage, and renewable energy programs. It details how COVID-19 is influencing the clean energy transition in India, as well as identifying principles […] Read more