Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
Corporate Renewable PPAs in India may Increase in 2021: Report Updated On Fri, Jan 29th, 2021 by Saurenergy A report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. A new report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. The report by the World Business Council for Sustainable Development (WBCSD), shows […] Read more
Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing Updated On Fri, Jan 22nd, 2021 by Saurenergy Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […] Read more
ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary Updated On Mon, Jan 11th, 2021 by Saurenergy ReneSola Ltd, a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity […] Read more
Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra Updated On Thu, Dec 31st, 2020 by Saurenergy India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […] Read more
Okinawa Shifts To ‘Lithium Only’ For Its Two Wheelers Updated On Fri, Dec 11th, 2020 by Saurenergy NCR based electric two-wheeler maker Okinawa Autotech private Limited (Okinawa) announced today (Thursday) that it is stopping the sale of lead-acid battery-based scooters. The company will focus only on lithium-ion battery-based variants from now on, said the firm in a statement. Incidentally, under the FAME2 guidelines for two-wheeler subsidies, electric vehicles based on lead-acid batteries […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
The Risk In Renewables, And How To Reduce It Updated On Fri, Dec 4th, 2020 by Saurenergy The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […] Read more
