ADB Grants $750 Mn For Railway Track Electrification in India Updated On Mon, May 27th, 2019 by Saurenergy ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […] Read more
EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF Updated On Mon, May 27th, 2019 by Saurenergy However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […] Read more
Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV Updated On Mon, May 27th, 2019 by Saurenergy The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […] Read more
CEL Floats Tender For Web Based Centralised Solar Monitoring System Updated On Mon, May 27th, 2019 by Saurenergy The last date for bid submission is June 10, 2019 The Central Electronics Limited (CEL) has invited bids from eligible bidders for commissioning of a web-based centralised solar monitoring system. The scope of the contract includes the supply, installation, testing and commissioning of the web-based centralised solar monitoring system with a warranty. The selected bidder […] Read more
AAI Floats Tender For O&M of 300 kW Solar Plant in Allahabad Updated On Mon, May 27th, 2019 by Saurenergy The last date of bid submission is June 4, 2019. The Airports Authority of India (AAI) has issued a tender, seeking bids from eligible bidders for performing the operation and maintenance services for its 300 kW solar PV power plant at CATC Allahabad. The scope of work for the selected agency will include the operation […] Read more
Canadian Solar Modules Light-up Medical Center in a Country with 5% Electrification Updated On Sat, May 25th, 2019 by Saurenergy This is how the use of solar can provide greatly needed electricity in a country like Sierra Leone which is having just 1 per cent electrification rate in rural areas. With an aim to support in a social cause for the society, solar PV modules maker Canadian Solar has donated its MaxPower CS6U-P 330W solar modules […] Read more
Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
Enel, Enertag and Leclanche Commission 22 MW Storage System in Germany Updated On Fri, May 24th, 2019 by Saurenergy The system, which involved a total investment of approximately 17 million euros, is supporting the stability of the German electricity network by providing frequency regulation services to the country’s Primary Control Reserve (PCR) market. Enel Green Power Germany (EGP Germany), Germany-based renewable energy company Enertag and Swiss energy storage solutions company Leclanché recently inaugurated the […] Read more
