Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
EVs Could Account for 43% of Total Vehicle Sales in India by 2030: CEEW-CEF Updated On Wed, Dec 9th, 2020 by Saurenergy CEEW-CEF has revealed that according to its high adoption scenario, EVs could account for 43% of the total new vehicle sales in India by 2030. A new study by the CEEW – Centre for Energy Finance (CEF) has analysed segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until […] Read more
Delhi Govt Launches EV Forum; Discusses Roadmap for Bicycle Subsidies Updated On Mon, Dec 7th, 2020 by Saurenergy Delhi govt has launched the state EV Forum, a collective platform that will assist in the successful implementation of the EV policy. The state government of Delhi recently launched the Delhi EV Forum, a collective platform that the AAP government expects will be a medium for steered discussions with key stakeholders, and further assist in […] 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
Director, Technology and Innovation Updated On Fri, Nov 27th, 2020 by Saurenergy The Director, Technology and Innovation will report directly to the Director-General and lead a team of four (4) professional and several administrative staff members. The Director with be responsible for providing expert advice, developing policies, and conceptualizing, planning, designing, use of global best practices and their implementation with adaption of Latest Technologies across the ISA member […] Read more
