JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha Updated On Tue, Sep 17th, 2024 by Saurenergy The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […] Read more
Mercedes-Benz Launches New Made-in-India Electric SUV Updated On Tue, Sep 17th, 2024 by Saurenergy Mercedes-Benz has introduced its second ‘Made In India’ electric car for the country. Christened EQS SUV 580 4MATIC, the EV is priced at Rs 1.41 crore. Produced at the company’s Pune plant, this SUV displays advanced battery technology and features aimed at enhancing sustainability The EQS SUV comes with a large 122-kWh battery that allows […] Read more
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
Green Stocks Sep 16: Adani Green Shines Bright, Most Stocks Subdued Updated On Mon, Sep 16th, 2024 by Saurenergy On a day that clearly belonged to Adani Green, India’s largest green energy developer rose over 7% to levels the stock hasn’t seen for a while. The trigger was the award of an LOI (along with group firm Adani Power, which also rose ) for supply of 6600 MW of power to Maharashtra, with a […] Read more
Resentment Among TN MSMEs Against Additional Rooftop Solar Charges Updated On Mon, Sep 16th, 2024 by Saurenergy Rooftop solar consumers across Tamil Nadu are now miffed with the additional charges levied by the state unlike many other Indian states which are promoting rooftop solar. The state agencies are now levying network or wheeling charges from the prosumers in the state. In a recent development, several Micro, Small, and Medium Enterprises (MSME) associations […] Read more
Insolation Energy Announces 3rd Manufacturing Plant In Jaipur Updated On Mon, Sep 16th, 2024 by Saurenergy Insolation Energy (INA Solar)has announced the ground breaking ceremony of its new state-of-the-art manufacturing facility, located on the Delhi-Ajmer Expressway in Sawarda, Jaipur, Rajasthan. This investment of Rs 400 crore is a part of the company’s effort to strengthen its position in India’s renewable energy sector and expand its production capacity. Post the expansion, Insolation’s […] Read more
SJVN Invites Bids For 600 MW/2,400 MWh ESS Across India Updated On Mon, Sep 16th, 2024 by Saurenergy SJVN, in coordination with the Renewable Energy Implementation Agency (REIA), has released a 1.2 GW tender for solar plus energy storage. The tender invites bids from Solar Power Developers (SPDs) to set up ISTS-connected Solar PV Power Projects with 600 MW/2,400 MWh Energy Storage Systems (ESS) anywhere in India under Tariff-Based Competitive Bidding on a […] Read more
Uttarakhand Proposes To Hike Rooftop Solar Tariffs Updated On Mon, Sep 16th, 2024 by Saurenergy The Uttarakhand Energy Regulatory Commission (UERC) has proposed increasing the generic tariffs for rooftop solar and small-scale solar plants for the financial year 2024-25. The state power regulator has also issued a draft paper and invited stakeholders to submit their views and objections by September 30. In its proposal, UERC cited lower solar module prices […] Read more
Solar Pump Maker Solartive Seeks A National Opportunity Updated On Mon, Sep 16th, 2024 by Saurenergy Fayyaz Ashraf,33, Director at Solartive is a man in hurry. Five years after he formally pushed into the solar water pump business, he has taken the small, Ranchi-registered firm through a massive transformation from hometown Chatra in Jharkhand, to the state capital Ranchi. The change has meant a transition from a basic 4×8 small shop […] Read more