Exicom Wins “Energy Storage Company of the Year” Award at ESI 2018 Updated On Thu, Jan 18th, 2018 by Saurenergy The Award recognizes Exicom’s perseverance, innovation, and achievements in the energy storage landscape in India and also applaud the value we have created for the end consumers in the country. With over 1000+ industry experts in attendance at Energy Storage India 2018 Conference, Expo & Gala Awards Event, Exicom was awarded as“Energy Storage Company of […] Read more
India Need At Least $125 Bn Fund To Achieve Its Renewable Goal Updated On Thu, Jan 18th, 2018 by Saurenergy In 2015, India said speculation of $100 billion in the seven years to 2022 would be expected to meet its sustainable power source objectives. India will require at any rate $125 billion to subsidize its aspiring arrangement to expand the offer of sustainable power supply in the nation’s matrix by 2022, an imminent government official […] Read more
RK Singh Announces $350 Million Fund to Finance Solar Projects Updated On Thu, Jan 18th, 2018 by Saurenergy The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […] Read more
Luminous Steps into the Stabilizer Business, Launches Toughx Range Updated On Thu, Jan 18th, 2018 by Saurenergy By adding stabilizer to its portfolio, Luminous has further extended its promise of powering happy homes and making sure that your appliances are safeguarded, no matter what is the voltage situation. Luminous Power Technologies, power backup solutions provider and inverter manufacturer has decided to foray into the Stabilizer industry with its ToughX range of offerings. […] Read more
Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO Updated On Thu, Jan 18th, 2018 by Saurenergy Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […] Read more
Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy Updated On Thu, Jan 18th, 2018 by Saurenergy Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […] Read more
Uttar Pradesh Government Allows Industry to Choose Power Discom Updated On Wed, Jan 17th, 2018 by Saurenergy The permission to take power from a source other than the existing distribution company will be granted by the Uttar Pradesh power transmission corporation limited and the respective discom. Ahead of the investor meet, the Uttar Pradesh government offered yet another sop to industries by giving them the option to take power from the power […] Read more
70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger Updated On Wed, Jan 17th, 2018 by Saurenergy The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […] Read more
PMC Identifies 14 Civic Buildings to Install Rooftop Solar Panels and Save Rs 91 Lakh a Year Updated On Wed, Jan 17th, 2018 by Saurenergy To generate additional 176 KWP to achieve its target of 1 MW of solar energy via rooftop solar panels, the PMC is also trying to identify more civic buildings. The Pune Municipal Corporation (PMC) is planning to sign an agreement with the Solar Energy Corporation of India to generate 824 KWP (Kilowatt hours at peak […] Read more