Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari Updated On Tue, May 26th, 2020 by Saurenergy The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […] Read more
AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden Updated On Tue, May 26th, 2020 by Saurenergy The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […] Read more
Polyamide Backsheets From Tomark-Worthens Join the Fray for Backsheets Market Updated On Tue, May 26th, 2020 by Saurenergy Backsheets, literally the backbone of your solar modules, have been on their own trail of innovation and improvements, ever since the cell and modules part of the business picked up pace. Importantly, with the relentless pressure on the solar sector to match costs of competitors like thermal and others, every part of the supply chain […] Read more
Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project Updated On Mon, May 25th, 2020 by Saurenergy French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […] Read more
Chinese firms look for New Models for Overseas Sales amidst Covid-19 Challenges Updated On Mon, May 25th, 2020 by Saurenergy Amidst the coronavirus crisis, these days Chinese firms are actively searching for new ways in order to increase the sale of their products in the overseas markets. In line with this, two Chinese companies, CECEP Solar Energy Technology (ZhenJiang) Co., Ltd and Zhongshi Solar Energy Saving & Resources (Jiangsu) Co., Ltd, entered into a partnership […] Read more
500W Modules and Higher Efficiency, India Falling Behind Updated On Mon, May 25th, 2020 by Saurenergy Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […] Read more
Siemens Gamesa Wins 30-Yr Deal for O&M of 226 MW Wind Farm in Australia Updated On Sat, May 23rd, 2020 by Saurenergy Spanish wind turbine manufacturer Siemens Gamesa has secured a 30 year, full scope operation and maintenance (O&M) services contract to service Senvion’s 61 wind turbines at the Murra Warra wind farm in Victoria, Australia. Significantly, the company’s know-how of Senvion technology will ensure performance continuity of Senvion’s most advanced onshore wind turbines powered at 3.7 […] Read more
Inox Wind Arm Sells Entire 51% Stake in Sri Pavan Energy Updated On Sat, May 23rd, 2020 by Saurenergy Inox Wind, a leading wind energy solutions provider in India, said that its wholly-owned subsidiary, Inox Wind Infrastructure Services Ltd (IWISL), has sold its entire 51 per cent shareholding in Sri Pavan Energy for about Rs 5.1 lakh. The Kailash Lal Tarachandani-led company said in a regulatory filing that, “our wholly-owned subsidiary, Inox Wind Infrastructure […] Read more
