FICCI makes a case for subsidies for battery swapping under FAME 2 Updated On Mon, Jul 1st, 2019 by Saurenergy The move by the leading industry body FICCI to include battery swapping seems to be a pragmatic response to the likely success of adoption of EV’s in the two-wheeler and three-wheeler segment at least. In an interesting move, industry chamber FICCI has made a call for including the battery swapping model of charging for EV’s […] Read more
US Renewables to Outpace Coal for Entire 2Q of 2019 Updated On Mon, Jul 1st, 2019 by Saurenergy Utility-scale renewables in the US have been predicted to will generate more electricity than coal through the entire second quarter of 2019 According to a new analysis, utility-scale renewables in the U.S. generated more electricity than coal for the first time in April, and the trend will likely persist through the entire second quarter of […] Read more
SECI Signs PSAs Worth 600 MW with two State Discoms Updated On Fri, Jun 28th, 2019 by Saurenergy SECI has signed PSA with two state discoms for supplying nearly 600 MW of power from renewable projects. The Solar Energy Corporation of India (SECI) has announced that it has signed Power Supply Agreements (PSA) with two state discoms for supplying nearly 600 MW of power from renewable projects. The first agreement has been signed […] Read more
AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa Updated On Thu, Jun 27th, 2019 by Saurenergy AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more
Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt Updated On Mon, Jun 24th, 2019 by Saurenergy Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […] Read more
CRISIL Warns About Government Plan to Add 78K Fuel Pumps Updated On Fri, Jun 21st, 2019 by Saurenergy Ratings and advisory Firm CRISIL has released a report yesterday warning about the risks in the fresh wave of fuel pumps the government is planning. The warning comes at a time when the government’s own lead advisory, Niti Aayog, is pushing for a faster shift to EV’s. In a report titled ‘Outlet Overkill‘, CRISIL has […] Read more
TERI Suggests Four-Pronged Strategy to Govt for E-Mobility Updated On Fri, Jun 21st, 2019 by Saurenergy The move came after recent bold proposal from the government think tank Niti Aayog for permitting sale of only EVs by 2030, which likely to impose substantive costs on users. In wake of India’s efforts towards achieving its e-mobility targets, country’s one of the leading energy and environment think tank, The Energy and Resources Institute […] Read more
BNEF Report on REN21 Renewables 2019 Global Status Updated On Thu, Jun 20th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
