Ashok Leyland Planning two Green Mobility Subsidiaries in India Updated On Thu, Apr 8th, 2021 by Saurenergy Ashok Leyland through its subsidiary Switch Mobility has announced its global expansion plans into India and its plan to create 2 subsidiaries Ashok Leyland through its subsidiary Switch Mobility, the U.K.-based EV producer of Buses and Vans, has announced its global expansion plans into India and its plan to create two subsidiary companies. The first, […] Read more
ReNew Power Commissions 110 MW Solar Project in Jaisalmer Updated On Thu, Apr 8th, 2021 by Saurenergy ReNew Power has commissioned a 110 MW solar generation facility in Jaisalmer and signed a PPA with SECI at a tariff of Rs 2.49/kWh. ReNew Power has announced that it has successfully commissioned a 110 megawatt (MW) solar generation facility in Jaisalmer, Rajasthan. As part of the project, the firm has signed a power purchase agreement with Solar Energy Corporation […] Read more
MNRE Invites EOI for Installation of Innovative Solar Pumps Again Updated On Thu, Apr 8th, 2021 by Saurenergy MNRE has invited firms to submit EOI for the installation of innovative solar pumps across India under Scheme (KUSUM) operated by the ministry The Ministry of New and Renewable Energy (MNRE) had in June 2020, issued the guidelines for promoting innovative solar pumps, applicable for all Indian innovators/manufacturers/service providers, who wish to include innovative stand-alone […] Read more
At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21 Updated On Thu, Apr 8th, 2021 by Saurenergy In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […] Read more
Norway’s $1.3 Trillion Sovereign Fund Makes First Green Infra Investment Updated On Thu, Apr 8th, 2021 by Saurenergy Norway’s $1.3 trillion sovereign wealth fund, a pioneer and probably the largest in the world has announced its first investment into renewable energy infrastructure on April 7. The fund, which was in the news for its decision to stop and exit from all investments in fossil fuel-based firms, sold the last of its holdings in such […] Read more
Tata Power Solar Doubles PV Manufacturing Capacity to 1.1 GW Updated On Wed, Apr 7th, 2021 by Saurenergy Tata Power Solar has announced an expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1.1 GW Tata Power Solar Systems Limited, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced a significant expansion of its state-of-the-art manufacturing facility in […] Read more
Even As Solar Glass Prices Retreat, Price Pressures To Continue On Modules in 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The year 2020 was highly profitable for solar glass manufacturers everywhere. Not because they sold more, but because they could get much higher prices for their output. After being range bound for all of 2019 and right upto August 2020 between RMB 25-27 (1 RMB = Rs 11.3), solar glass prices shot up to a […] Read more
Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future Updated On Wed, Apr 7th, 2021 by Saurenergy Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […] Read more
Taiwan Cement Announces NT$10 Billion Investment for Super Battery Factory Updated On Wed, Apr 7th, 2021 by Saurenergy As one of the top ten cement companies in the world, Taiwan Cement (TCC) greatly emphasizes on the climate and environmental impacts the cement industry causes. TCC Chairman Nelson Chang states, “Everyone has only one nationality, Earth.” In 2020, TCC joined industry peers to support the Climate Ambition to deliver carbon neutral concrete products in 2050 announced […] Read more
