Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
UK Government Doubles Funding for on Street EV Charging Points Updated On Tue, Aug 13th, 2019 by Saurenergy The UK government is doublings its GBP 2.5 million funding for the installation of over 1,000 new electric vehicle (EV) chargepoints. Owning and charging an electric vehicle (EV) is set to become more convenient than ever in the United Kingdom thanks to an additional GBP 2.5 million for funding the installation of over 1,000 new […] Read more
As Farmers Switch to Solar Pumps, Experts Fear Groundwater Exploitation Updated On Mon, Aug 12th, 2019 by Saurenergy Though the off-grid solar pumps have made life easy for farmers in many villages across India, many fear they are likely to lead to over-exploitation of groundwater. In Maharashtra’s Jalgaon village, many farmers spend sleepless nights to irrigate their fields, as power for irrigation isn’t available during the daytime for 15 days a month, but Dattaji […] Read more
Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses Updated On Mon, Aug 12th, 2019 by Saurenergy Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […] Read more
Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea Updated On Thu, Aug 8th, 2019 by Saurenergy Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […] Read more
IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal Updated On Thu, Aug 1st, 2019 by Saurenergy Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […] Read more
JinkoSolar Hits New Milestones in July Updated On Tue, Jul 30th, 2019 by Saurenergy In a significant development, the Chinese module maker supplied its highest efficiency mono panels for the world’s largest solar project of 1,177 MWp in Abu Dhabi. Adding another feather in its cap, JinkoSolar Holding has touched new milestones in the month of July, winning the Frost & Sullivan award for 2019 and supplying its highest […] Read more
5,645 Electric Buses Sanctioned for 65 Cities: Amitabh Kant Updated On Tue, Jul 30th, 2019 by Saurenergy Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities Niti Aayog CEO Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities, a move seen towards environment-friendly mobility. Last week, the GST Council headed by finance minister Nirmala Sitharaman decided to cut the tax rates […] Read more
Will Tax Sops Help in Faster Adoption of Electric Vehicles? Updated On Mon, Jul 29th, 2019 by Saurenergy To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […] Read more
