MNRE Extends Deadline for Comments on Draft Standards for Utility Grid Inverters till May 7 Updated On Thu, Apr 30th, 2020 by Saurenergy In continuation of providing time extension for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the deadline for submission of comments and suggestions by the industry stakeholders on the draft standards for utility grid inverters till May 07, 2020. MNRE has written to all experts and related industry stakeholders informing […] Read more
Govt Needs to Extend Incentives for Domestic Manufacturing, Exploit Skilled Manpower: Jaideep N. Malaviya Updated On Thu, Apr 30th, 2020 by Saurenergy The glass components like vacuum tubes or curved mirrors are largely imported being specialised. India’s solar thermal market is steady hence gives confidence for “Make in India”. However, government needs to extend incentives for manufacturing and exploit the domestic skilled human resources. In short “Opportunities Infinite but Challenges Many Ahead”, believes Jaideep N. Malaviya, Secretary […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
MYSUN Raises $4.2 Mn; Plans for another $35 Mn Funding in Few Quarters Updated On Wed, Apr 29th, 2020 by Saurenergy MYSUN, a Delhi based rooftop solar installer, on Wednesday said it has raised USD 4.2 million (or Rs 32 crore) from its existing investors in a structured equity deal as a part of its Pre-Series A round. Besides this USD 4.2 million funding, the rooftop solar installer is also looking to raise another round of […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Duke Energy Sets Sights for 16 GW Renewable Capacity by 2025 Updated On Wed, Apr 29th, 2020 by Saurenergy Duke Energy has announced that it has updated its efforts to address climate change with a new goal of 16 GW renewable energy capacity by the end of 2025. In two reports released recently, Duke Energy has announced that it has updated its efforts to address climate change. The firm intends to cut carbon emissions to […] Read more
After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant Updated On Mon, Apr 27th, 2020 by Saurenergy Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […] Read more
Nedstack, Providence to Co-Develop Hydrogen Based Soln to offer Affordable Solar Power Updated On Mon, Apr 27th, 2020 by Saurenergy With an aim to offer affordable solar power around the clock, Sydney based innovation firm Providence Asset Group (Providence) and fuel cell manufacturer Nedstack have entered into a strategic partnership agreement to co-develop and deliver hydrogen-based power-to-power solutions for the Australian and Pacific region solar market. Both companies are also looking for the potential to […] Read more
