Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Rooftop Solar: Democratising Power Generation – One Roof at a Time Updated On Fri, Nov 30th, 2018 by Saurenergy Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […] Read more
Magenta Power, MSEDCL Install India’s 1st EV Billing Meter Updated On Tue, Oct 16th, 2018 by Saurenergy With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […] Read more
India’s Solar Race toward Next Decade Updated On Tue, Sep 4th, 2018 by Saurenergy Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […] Read more
Magenta Power Announces India’s First EV Charging Corridor ‘ChargeIn’ Updated On Tue, Aug 14th, 2018 by Saurenergy This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, Lonavala. Renewable energy solutions provider Magenta Power has announced India’s first EV charging Corridor- ChargeIn at Mumbai-Pune Expressway. This network of EV charging stations of Magenta Power will initially be deployed at Hotel Center Point, Mumbai-Pune Expressway, […] Read more
Magenta Power Launches ‘Grow Green’ Initiative for Sapling Plantation Updated On Fri, Jul 20th, 2018 by Saurenergy Through this program, Magenta Power aims to create greater awareness among people towards use of clean energy in urban areas, reiterating brand’s commitment to early adoption of green solutions. Renewable energy solutions provider Magenta Power has launched its ‘Grow Green’ initiative at pan India level for the sapling plantation. As a part of the initiative, for every […] Read more
Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty Updated On Wed, Jul 18th, 2018 by Saurenergy Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […] Read more
Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End Updated On Wed, Jun 13th, 2018 by Saurenergy The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […] Read more
