Govt. Clarifies Fiscal Benefits For Solar Installations In SEZs, Empowers Developers Updated On Fri, Jun 28th, 2024 by Saurenergy The Export Promotion Council for Export-Oriented Units (EoUs) and Special Economic Zones (SEZs), functioning under the Commerce Ministry, has provided clarifications to developers seeking to procure or import solar panels with fiscal benefits. The Ministry notified SEZ developers that they can establish non-conventional power plants as part of the infrastructure, eligible for fiscal benefits during […] Read more
Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India Updated On Thu, May 16th, 2024 by Saurenergy US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […] Read more
Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables Updated On Fri, May 3rd, 2024 by Saurenergy Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […] Read more
Climate Finance Still A Challenge For Developing Countries Amid RE Push Updated On Thu, May 2nd, 2024 by Saurenergy Amid fears of worsening impacts of climate change and the push towards renewable energy, financing for the transition to greener energy sources remains the pivotal issue. A report by the World Bank that focused on developing countries emphasised that energy transition there will require ‘unprecedented transformation of the power sector infrastructure’. Along with that, it […] Read more
E2S Power, IPCL Come Together for Energy Storage Solutions Updated On Thu, Mar 17th, 2022 by Saurenergy E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in India into thermal energy storage (TES) systems for renewable energy. E2S Power is a thermal energy storage solutions developer and IPCL is a power utility company. The twin objectives of […] Read more
Wärtsilä India Appoints Venkatesh R as Managing Director & Director, Energy Business, India Updated On Sat, Apr 3rd, 2021 by Saurenergy Wärtsilä India, a subsidiary of the technology group Wärtsilä Corporation, has appointed Mr. Venkatesh R as the new Managing Director & Director, Energy Business, India. Mr. Venkatesh comes with 30 years of experience in the Marine and Energy sectors. During his career in Wärtsilä for over 25 years, he has worked in India, Singapore and […] Read more
Bright future of Hydrogen Fuel Cells in India Updated On Sat, Feb 27th, 2021 by Saurenergy Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […] Read more
Trina Solar Launches 405W+ Vertex S Module Series with an Expected Capacity of 15GW in 2023 Updated On Wed, Nov 4th, 2020 by Saurenergy Universal solution for residential and commercial applications, the Vertex S boasts ultra-high performance despite its small size profile On November 3, 2020, Trina Solar, a leading global PV and smart energy solution provider, announced the launch of Vertex S, the latest in their high-efficiency PV module series for residential and commercial rooftop applications. The new […] Read more