MNRE Clarifies on Implementation of PM-KUSUM Scheme Updated On Wed, Jan 1st, 2020 by Saurenergy After clarification sought by the implementing agencies on certain issues, the Ministry of New and Renewable Energy (MNRE) has issued a clarification on the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. As per the MNRE notification, the distribution companies (Discoms) can, if they desire so, pass on the Procurement Based […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
EESL, HPCL Join Hands to Develop EV Charging Infrastructure Updated On Tue, Dec 31st, 2019 by Saurenergy In a bid to promote electric vehicles (EV) under the National Electric Mobility (e-mobility) Programme, government-backed Energy Efficiency Services Limited (EESL) has entered into a two-year Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to set up public charging infrastructure. Further, the objective behind the MoU was synergising business development for setting up […] Read more
Inox Wind Bags 250 MW EPC Contract from Continuum Power Updated On Mon, Dec 30th, 2019 by Saurenergy Country’s one of the leading wind energy solutions provider Inox Wind has secured an engineering, procurement and construction (EPC) contract of 250 MW of wind energy projects from Continuum Power Trading (TN) Pvt Ltd, an arm of Continuum Wind Energy group. As per the signed term-sheet, the Noida-headquartered company will supply, erect and commission 250 […] Read more
AfDB Okays $21.8 Mn Grant for Solar Irrigation Pumps in Sudan Updated On Mon, Dec 30th, 2019 by Saurenergy The African Development Bank (AfDB), a multilateral development finance institution, has approved to provide a grant of USD 21.783 million to the Government of Sudan. Through this grant, AfDB aimed to accelerate the adoption of solar-powered irrigation pumps in the Sudan’s West Kordofan and North Kordofan states. Under this project, farmers will be encouraged to […] Read more
Shift Towards EVs Made Future of Li-ion Batteries Bright: Vibhas Verma Updated On Mon, Dec 30th, 2019 by Saurenergy The prospects for lithium batteries right now and in the future are very positive. There is a lot of hype around lithium batteries which makes it a trending market. The shift that India and many other countries have made towards electric vehicles has made the future of lithium batteries very bright in every part of […] Read more
SECI Invites EoI for Buying & Blending Power with Renewable Energy Updated On Fri, Dec 27th, 2019 by Saurenergy The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm. With an aim to blend power generated from various sources with renewable energy (RE), state-owned Solar Energy Corporation of India Ltd (SECI) has invited Expression of Interest (EOI) from various power generators. As per the SECI […] Read more
Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report Updated On Fri, Dec 27th, 2019 by Saurenergy The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […] Read more
Startup Feature – Lithos Motors Updated On Fri, Dec 27th, 2019 by Saurenergy Total employees: 10 Turnover: Approx. Rs 10 lakh in past 7 months. Key operational areas (Products, Regions, Clients): Electric Bikes designing and manufacturing for last mile logistics purposes. Regions – Bangalore, Pune. Clients – Faasos. Founding Members detail: Aditya Ganjapure, Angad Singi, Mahendra Sengar. Turning Point for the firm When we made our first delivery […] Read more
