Anchor Investments Yield Rs 1,406 cr for Sterling and Wilson Solar Updated On Tue, Aug 6th, 2019 by Saurenergy IPO bound Sterling and Wilson Solar has raised Rs 1,406 crore from anchor investments by allotting 1,80,28,846 equity shares Initial public offering (IPO)-bound Sterling and Wilson Solar Ltd has revealed that it has raised Rs 1,406 crore from 27 anchor investors by allotting 1,80,28,846 equity shares at the upper band price of Rs 780 ahead of […] Read more
India Mulls Subsidies for Battery Manufacturing Updated On Tue, Aug 6th, 2019 by Saurenergy The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […] Read more
Canadian Solar Begins Operation of Largest Solar Plant in Argentina Updated On Tue, Aug 6th, 2019 by Saurenergy Canadian Solar has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation last month Canadian Solar, one of the world’s largest solar power companies, has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation. Located in the Province of Salta, the solar project is powered by over 289,000 high-efficiency […] Read more
Tata Motors Betting Big on Electric Vehicles Updated On Mon, Aug 5th, 2019 by Saurenergy The automaker has plans to unveil a new electric car this fiscal year. Tata Motors is working on electric vehicles for private buyers and will soon introduce a higher range of the Tigor EV and a new model by the end of this fiscal year, said Shailesh Chandra, president electric mobility business & corporate strategy […] Read more
BHEL Tenders for Procurement of MMS Columns for 10 MW Solar Plant Updated On Mon, Aug 5th, 2019 by Saurenergy BHEL has tendered for the procurement of MMS columns for a 10 MW solar power plant, GNFC at Charanka in Gujarat. Bharat Heavy Electricals Limited (BHEL) has issued a tender for the procurement of Module Mounting Strictures (MMS) columns for its 10 MW solar power plant, GNFC at Charanka in Gujarat. BHEL, Electronics Division, Bangalore […] Read more
Setting up of Renewable Projects Without PPAs: NTPC Chairman Updated On Mon, Aug 5th, 2019 by Saurenergy NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […] Read more
SECI Floats Tender for 1200 MW RE Projects With Assured Peak Power Supply Updated On Mon, Aug 5th, 2019 by Saurenergy SECI has issued a tender for setting up of 1200 MW RE projects with assured peak power supply in India The Solar Energy Corporation of India (SECI) has issued a tender for setting up of 1200 MW ISTS-connected Renewable Energy (RE) projects with assured peak power supply in India. (ISTS-VII) The scope of work for […] Read more
REC Sales Down 61 Percent in July Updated On Mon, Aug 5th, 2019 by Saurenergy Sale of REC declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply Sale of renewable energy certificates (REC) declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago […] Read more
Success or Failure of Climate Change Battle Hinged on Developments in Asia: UN Updated On Mon, Aug 5th, 2019 by Saurenergy The battle to combat climate change will be a “success or failure” based on the developments in Asia, where growing energy needs are increasing demand for fossil fuels The battle to combat climate change will “succeed or fail” based on what happens in Asia, where growing energy needs are increasing demand for fossil fuels, UN officials said. […] Read more
