India Ranks 4th in the World by Wind Energy Capacity Updated On Mon, Mar 18th, 2019 by Saurenergy According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […] Read more
First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
Advisory to General Public : Fraudulent websites for registration under Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Scheme Updated On Mon, Mar 18th, 2019 by Saurenergy The Government of India has recently approved scheme for farmers for installation of solar pumps and grid connected solar power plants. Administrative Approval for the scheme has been issued by the Ministry of New & Renewable Energy (MNRE) on 08.03.2019. DISCOMs and State Nodal agencies shall be implementing this scheme for which the detailed guidelines will be issued […] Read more
National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval Updated On Fri, Mar 15th, 2019 by Saurenergy The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […] Read more
APEDB Signs Rs 200 Cr MoU With Urja Global For EV and Battery Manufacturing Plant Updated On Thu, Mar 14th, 2019 by Saurenergy Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a Memorandum of Understanding (MoU) for setting up a new plant for manufacturing high technology Lithium-Ion Batteries and electric vehicles for the electric mobility ecosystem. Through this MoU, Urja Global would invest Rs. 200 crore and shall create 250 direct and over 1000 indirect […] Read more
Minnesota Sets Sight For 100% Carbon-Free Electricity by 2050 Updated On Wed, Mar 6th, 2019 by Saurenergy Governor Tim Walz has set an ambitious goal for Minnesota to get 100 percent of its electricity from carbon-free sources by 2050, though his plan was short on specifics of how to meet that target. Walz said his clean energy proposals would put Minnesota at the forefront of addressing climate change while ensuring “reliable, affordable and sustainable […] Read more
Spain Amends Renewable Energy Targets to 74% By 2030 Updated On Wed, Feb 27th, 2019 by Saurenergy The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […] Read more
Govt Earmarks Rs 88500 Cr to Spur EV Infrastructure and Curb Pollution Updated On Tue, Feb 26th, 2019 by Saurenergy The Indian government has proposed incentives of about Rs 88500 crore in order to help power plants install equipment that will curb emissions and to develop infrastructure for electric vehicles. Out of the allocated budget, a majority of the chunk (nearly 95%) would be used for curbing sulphur emissions from power plants, and the rest […] Read more
Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
