EESL Appoints Rajat Sud as its new Managing Director Updated On Thu, Sep 24th, 2020 by Saurenergy EESL has announced the appointment of Rajat Sud as its new Managing Director, taking over from S. Gopal. Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has announced the appointment of Rajat Sud as its new Managing Director. Sud takes over from S. Gopal Director […] Read more
PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding Updated On Wed, Sep 23rd, 2020 by Saurenergy PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […] Read more
Policy Incentives are Crucial for Energy Storage in India: IESA Updated On Wed, Sep 23rd, 2020 by Saurenergy The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Airbus Reveals Concepts for new Zero Emission Commercial Aircraft Updated On Tue, Sep 22nd, 2020 by Saurenergy Airbus has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. Airbus, the world’s largest airline manufacturer, has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. These concepts each represent a different approach to achieving zero-emission flight, exploring various technology […] Read more
Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more
The World can and Must Achieve Net-Zero Emissions by 2050: Report Updated On Thu, Sep 17th, 2020 by Saurenergy A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […] Read more
5 Emerging Clean Startups Making India Self Reliant Updated On Wed, Sep 16th, 2020 by Saurenergy India undoubtedly represents a huge, lucrative market for the cleantech industry with a lot of investments being pumped into the sector. That said, cleantech in India can still be referred to as an emerging concept and the focus to date has been mostly sector-specific. India is a big step as it calls for being ‘vocal […] Read more
Over 27,000 EVs Supported Under FAME-II Scheme so far: Javadekar Updated On Wed, Sep 16th, 2020 by Saurenergy The central government has so far supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under FAME-II The central government has so far (until September 10, 2020) supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under the phase […] Read more
