Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […] Read more
Step Up Research on Minerals and Energy From Oceans to Boost Economy : Naidu Updated On Mon, Mar 25th, 2019 by Saurenergy Vice President Venkaiah Naidu recently said that a focused approach in areas such as minerals and energy from oceans can help India become the third largest economy in the next 10-15 years. Addressing scientists at the CSIR-National Institute of Oceanography (NIO) near here, he said that at the same time, further degradation of marine ecosystems should […] Read more
APEDB Signs Rs 200 Cr MoU With Urja Global For EV and Battery Manufacturing Plant Updated On Thu, Mar 14th, 2019 by Saurenergy Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a Memorandum of Understanding (MoU) for setting up a new plant for manufacturing high technology Lithium-Ion Batteries and electric vehicles for the electric mobility ecosystem. Through this MoU, Urja Global would invest Rs. 200 crore and shall create 250 direct and over 1000 indirect […] Read more
GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects Updated On Tue, Mar 5th, 2019 by Saurenergy The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment. The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […] Read more
Parliamentary Panel Suggest Portal to Track Climate Change Targets Updated On Mon, Dec 17th, 2018 by Saurenergy The move is to enable stakeholder to keep a track of progress and development in each specific sector including solar energy. To bring transparency to India’s climate change action plan, a parliamentary panel has asked the central government to launch a portal to display updated targets and achievements in the National Action Plan on Climate […] Read more
Cabinet Clears National Monitoring Framework on SDGs Updated On Wed, Oct 24th, 2018 by Saurenergy There is no direct financial implication on implementation of the National Indicator Framework. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the constitution of a High Level Steering Committee for periodically reviewing and refining the National Indicator Framework (NIF) for monitoring of Sustainable Development Goals (SDGs) with associated targets. The High […] Read more
Government Adopts ‘Integrate to Innovate’ Agenda for Energy Startups Updated On Sat, Aug 4th, 2018 by Saurenergy The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates. As per Ministry of Commerce and Industry, India’s investment promotion agency, Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian energy startups through the Integrate to […] Read more
Government Plans New Subsidy Policy to Foster Electric Vehicles Updated On Thu, Aug 2nd, 2018 by Saurenergy The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […] Read more
