CERC Notice To Power Trading Firms For Failing to Maintain Net Worth Updated On Fri, Jul 9th, 2021 by Saurenergy For National Energy Trading Services Limited, and Atria Energy Services Private Limited, a weak balance sheet submitted to the Central Electricity Regulatory Commission (CERC) for downgrading their energy trading licenses has landed both in a hot soup. In both cases, the Central Regulator, after going though the documents on record, has seen a fit case […] Read more
Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India Updated On Thu, Jul 8th, 2021 by Saurenergy Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […] Read more
Except Two, All Union Territories and Goa Fail to Meet RPO Targets FY21, Shows JERC’s Analysis Updated On Thu, Jul 8th, 2021 by Saurenergy Except Chandigarh and Andaman & Nicobar Islands, all other union territories and Goa have failed to achieve their solar renewable purchase obligation (RPO) targets, shows the Joint Electricity Regulatory Commission (JERC)’s analysis of RPO targets for 2020-21 based on the data received from the regions under its jurisdiction. The full analysis can be accessed here. […] Read more
With Elevation To Cabinet Rank, Performance Rewarded For R.K. Singh Updated On Thu, Jul 8th, 2021 by Saurenergy For R.K Singh, the former IAS (Indian Administrative Service) officer who was first inducted as the Minister of State For Power in PM Modi’s cabinet back in September 2017, the rise to cabinet rank in under 48 months has been marked with some huge milestones. The latest jump makes him a key ‘doer’ in the […] Read more
Local Firm to Set Up 100 MW Solar Plant in Botswana Updated On Thu, Jul 8th, 2021 by Saurenergy The Botswana energy regulator has granted a generation licence for a 100 MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large scale solar plant in the country, according to media reports. This landlocked country in Southern Africa does not currently have large scale solar […] Read more
ARCI Sets up Solar Thermal Components Testing Facility in Hyderabad Updated On Thu, Jul 8th, 2021 by Saurenergy The Union Ministry of Science & Technology has set up a concentrated solar thermal (CST) based test rig facility in Hyderabad to solar industry test capability and performance of solar thermal components like solar receiver tubes, heat transfer fluids, concentrating mirrors. The facility was set up by the International Advanced Research Centre for Powder Metallurgy and […] Read more
CESL Invites Bids from OEMs to get Empaneled for Supply of E-rickshaws Updated On Thu, Jul 8th, 2021 by Saurenergy Convergence Energy Services Limited (CESL) has issued an expression of interest (EoI) to empanel original equipment manufacturers (OEMs) to supply electric three-wheelers (e-rickshaws) in India. While the pre bid meeting will be held on July 13, the deadline for bid submission is July 26, 2021, on which bid opening is also scheduled. CESL, a wholly-owned […] Read more
Egypt Gets Sterling & Wilson’s First Data Centre Project Updated On Thu, Jul 8th, 2021 by Saurenergy Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji group company and one of India’s leading engineering, procurement, and construction (EPC) company and also the promoters of Sterling and Wilson Solar, today announced that it has successfully delivered its first prefabricated data centre project in Egypt. Project The project was executed for Faisal Islamic Bank […] Read more
Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
