Government Plans New Subsidy Policy to Foster Electric Vehicles Updated On Thu, Aug 2nd, 2018 by Saurenergy The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […] Read more
Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more
SMEV Seeks Efficiency Based Subsidy for EVs Updated On Mon, Jul 30th, 2018 by Saurenergy SMEV opposes the current proposal of linking subsidy to the battery capacity as it does not include the efficiency of the electric vehicles as a factor. Society of Manufacturers of Electric Vehicles (SMEV), association of electric vehicle makers in India, has sought to link government electric vehicles subsidy to certified efficiency parameters of speed and […] Read more
New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
ISRO Satellites Soon to Run on Indigenous Solar Cells Updated On Mon, Jul 23rd, 2018 by Saurenergy Critical for a satellite’s lifespan in the space, these solar cells were till now being procured from some of private space solar cell manufacturers in the U.S. In another push to the Indian solar industry, Government of India’s Indian Space Research Organization (ISRO) has finally bought the technology to build space solar cells in India. […] Read more
MIDHANI Sets up 4 MW Solar Power Plant Updated On Mon, Jul 23rd, 2018 by Saurenergy The solar power plant is spread over 20 acres of land and is expected to generate 7,000 MW hr/year of electricity with a projected saving of Rs 5 crore per year and reduction of 5,600 tonnes of carbon dioxide (CO2) per year. State-owned Mishra Dhatu Nigam (MIDHANI) has set up a 4 MW solar power plant with […] Read more
Magenta Power Launches ‘Grow Green’ Initiative for Sapling Plantation Updated On Fri, Jul 20th, 2018 by Saurenergy Through this program, Magenta Power aims to create greater awareness among people towards use of clean energy in urban areas, reiterating brand’s commitment to early adoption of green solutions. Renewable energy solutions provider Magenta Power has launched its ‘Grow Green’ initiative at pan India level for the sapling plantation. As a part of the initiative, for every […] Read more
JA Solar Vietnam Gets $68.4 Mn Loan for 1.5 GW Wafer Mfg Plant Updated On Wed, Jul 18th, 2018 by Saurenergy Further, the move will help JA Solar arm to fund the procurement of equipment at it’s 1.5 GW of wafer manufacturing facility in Vietnam. JA Solar Vietnam Company, a wholly-owned subsidiary of JA Solar Holdings Co, had entered into a long-term buyer credit loan pact with China Minsheng Bank Corporation Ltd Shijiazhuang Branch. Further, the […] Read more
Madhya Pradesh CM Inaugurated NTPC’s Rs 1,500 Crore Solar Power Plant Updated On Thu, Jul 12th, 2018 by Saurenergy The solar power project was commissioned in June 2017 and generated electricity is being supplied for consumption in Madhya Pradesh, the sole beneficiary. In the area of Suwasra in district Mandsaur of Madhya Pradesh, Chief Minister Shivraj Singh Chauhan inaugurated NTPC’s 250 MW solar plant for the state consumers. The total investment for setting up the […] Read more
