Move to add Momentum to Charging Station Build Up Coming Updated On Wed, Jun 12th, 2019 by Saurenergy Close on the heels of Uttar Pradesh’s policy prescription for charging stations, the central government is set to unveil its own subsidy proposals for all states. The proposal is a follow up to the Fame 2 subsidy proposals, which have shifted the benefits of subsidies to public transport and two-wheelers. The FAME India Scheme (Faster […] Read more
Govt Planning To Open 50-GW Battery Manufacturing Tenders Updated On Tue, Jun 11th, 2019 by Saurenergy Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […] Read more
EV Infrastructure: Uttar Pradesh Starts First With EOI Updated On Mon, Jun 10th, 2019 by Saurenergy The Uttar Pradesh government has become the first off the blocks when it comes to establishing an enabling infrastructure for electric vehicles. The state agency has invited expressions of interest(EoIs) from companies to set up charging stations in the state, soon after the central power ministry issued its guidelines for such facilities in December last […] Read more
Japan Shifts Focus to Nuclear and RE to Cut Carbon Emissions Updated On Fri, Jun 7th, 2019 by Saurenergy Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet, said Japan faces […] Read more
Greenko Raises $495 Mn in Funding For 2.4 GW of Storage Projects Updated On Fri, Jun 7th, 2019 by Saurenergy Greenko Energy has announced the signing of definitive agreements for a primary equity raising of $495 mn from an affiliate of GIC and ADIA. Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity raising of $495 million (mn) from an affiliate of GIC […] Read more
Energy Reforms Crucial For Re-elected Indian Govt: Report Updated On Thu, Jun 6th, 2019 by Saurenergy Further energy reforms are necessary for the newly re-elected Govt of India to meet its target of 275 GW from renewable energy sources by 2027. Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to […] Read more
Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report Updated On Wed, Jun 5th, 2019 by Saurenergy Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […] Read more
UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments Updated On Wed, Jun 5th, 2019 by Saurenergy The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more