Tata Power Installs 150 EV Charging Stations In Mumbai Updated On Thu, Jun 23rd, 2022 by Saurenergy Making way for clean energy transition, Tata Power has installed as many as 150 green energy-powered EV stations in Mumbai. These stations have been built in residential societies, malls, commercial complex and petrol pumps. This green drive on a massive scale by Tata Power is steered by renewable/clean energy sources like wind, solar, and hydropower. […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
Mitsubishi Electric Initiates Semiconductor and Devices Lab Program In Institutes Updated On Thu, Jun 23rd, 2022 by Saurenergy Japanese conglomerate Mitsubishi Electric is a pioneer of Semiconductor technology. In India, the firm has a CSR Strategy in line with the Government of India initiatives and United Nations Sustainable Development Goals. The CSR initiatives adopted by the company can broadly be categorized as Skill Development, Community Development and Climate Action. With semiconductors in sharp […] Read more
MSEDCL To Set Up 2,375 EV Charging Stations in Maharashtra By 2025 Updated On Thu, Jun 23rd, 2022 by Saurenergy In the midst of rising electric vehicle adoption, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has announced the setting up of 2,375 EV charging stations across the state of Maharashtra by 2025. Of the 500 EV charging stations proposed in 2018, 13 have been built across the state. Currently, work is in progress in 49 […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
Setting Industry Standards for Clean Energy Products Updated On Thu, Jun 23rd, 2022 by Saurenergy In the past few years, clean energy products have gained substantial popularity. Consumers, who are becoming more environmentally conscious by the minute and keen to save money, are embracing the transition to renewable products with open arms. As the Centre looks to reduce carbon emissions by a massive 1 billion tonnes by 2030, more and […] Read more
Pennar Industries Inducts Pradeep Sangwan As BU Head-Solar Updated On Thu, Jun 23rd, 2022 by Saurenergy Hyderabad based Infrastructure group Pennar Industries has roped in industry veteran Pradeep Sangwan as Business Unit Head, Solar. Sangwan, who has had a long and distinguished stint in the solar sector so far, was previously working with Solar firm Econess Energy. Before that, he has worked with Renesola Power and Tata BP Solar too. An […] Read more
Solar Capacity Additions In Q2 Starts Off On a Strong Note In India Updated On Thu, Jun 23rd, 2022 by Saurenergy After a strong Q1 (Jan-March’22) when close to 4650 MW of solar capacity was added in India, capacity additions have continued apace in Q2 also, going by the figures for April and May. So far, 2955 MW of fresh capacity has been added during the two months, indicating a high chance of overtaking the capacity […] Read more
Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more