Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Ashwani Kumar Appointed Group CEO of Suzlon Group Updated On Mon, Oct 19th, 2020 by Saurenergy Suzlon Group, one of India’s largest renewable energy solutions provider, has announced that it has appointed Ashwani Kumar as its Group CEO. Tulsi Tanti, Chairman and Managing Director, Suzlon Group said, “I am delighted that Ashwani Kumar is joining the Suzlon family. He brings with him a rich experience in the power and infrastructure sectors […] Read more
Solar-led Renewables Sector Will Be A Top draw For Global Investors Updated On Sat, Oct 17th, 2020 by Saurenergy India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more
India can Become the Global hub for PV Manufacturing: NITI Aayog CEO Updated On Thu, Oct 8th, 2020 by Saurenergy Solar PV manufacturing is one of the strategic sectors announced by the government and India has the opportunity to be the global hub for this, NITI Aayog CEO Amitabh Kant has said. Solar photovoltaic (PV) manufacturing is one of the strategic sectors announced by the government and India has the opportunity to be the global hub […] Read more
RenewSys Expands Manufacturing Capacity at Facility in Bengaluru Updated On Wed, Oct 7th, 2020 by Saurenergy RenewSys India has increased the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW and Backsheet capacity to 4 GW. RenewSys India has announced an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 1.65 GW). Similarly, the Backsheet capacity is being expanded […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry Updated On Wed, Oct 7th, 2020 by Saurenergy Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […] Read more
