India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects Updated On Sat, Sep 26th, 2020 by Saurenergy India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […] Read more
CERC Shutdown. Next Hearing Set for Oct 26 As SC Refuses To Relent Updated On Sat, Sep 26th, 2020 by Saurenergy There has been no resolution on the CERC issue. At the hearing yesterday, where Additional Solicitor General Madhvi Divan represented the government, the court declined to consider the plea to allow functioning of the tribunal with the existing members, as they had ‘specific roles’, according to the government view. Readers will know that the Central […] Read more
Policies for An Atmanirbhar Energy Sector Updated On Fri, Sep 25th, 2020 by Saurenergy As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […] Read more
MSEDCL Continues To Write the Rulebook On Killing Solar Rooftop Updated On Fri, Sep 25th, 2020 by Saurenergy The Maharashtra State Energy Distribution Company Limited continues to find new ways to rile up solar stakeholders. Their latest effort, or ‘non effort’ relates to the piffling demand for central solar subsidy worth Rs 3 crores, for just 25 MW, when the potential in the state according to most experts is easily over 1000 MW. […] Read more
“Govt. should do away with all financial subsidies for the solar biz”, Rahul Gupta, Rays Experts Updated On Fri, Sep 25th, 2020 by Saurenergy Rays Experts, an early entrant to the solar sector in 2011, has been a quite and dependable performer. Focused mainly on EPC and rooftop work till recently, the firm just inaugurated the first 10 MW of its solar park in Haryana, a first for the state too. We spoke to Rahul Gupta, MD &CEO, who […] Read more
Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030 Updated On Thu, Sep 24th, 2020 by Saurenergy Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […] Read more
CHANEL Partners With Sunrun to Bring Solar Energy to Low Income California Homes Updated On Thu, Sep 24th, 2020 by Saurenergy French fashion brand CHANEL has committed USD 35 million toward solar energy projects for low-income multifamily households in California with Sunrun. French fashion brand CHANEL has announced that it has committed USD 35 million toward solar energy projects for low-income multifamily households in California with Sunrun, the leading residential solar, battery storage, and energy services […] Read more
Greenbacker Acquires Solar Portfolio and Storage Project in Colorado Updated On Wed, Sep 23rd, 2020 by Saurenergy Greenbacker has purchased the rights to a 29 MWdc / 22 MWac pre-operational solar project in combination with 1.3 MWac of a battery storage project. Greenbacker Renewable Energy Company has announced that, through a wholly-owned subsidiary, it has purchased the rights to a 29 MWdc / 22 MWac pre-operational solar project in combination with 1.3 […] Read more