Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
Will Module Price Skyrocket in 2021? Updated On Thu, Mar 18th, 2021 by Saurenergy 80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […] Read more
MG Motors India Partners With IIT Delhi for Research in EVs & Automotives Updated On Wed, Mar 17th, 2021 by Saurenergy The Indian subsidiary of Chinese automotive manufacturer, MG Motors India has announced its extended partnership with IIT Delhi. The partnership will facilitate the research at the Centre for Automotive Research and Tribology (CART) for ground-breaking research in the field of electric and autonomous vehicles. The partnership through Foundation for Innovation and Technology Transfer (FITT), IIT […] Read more
419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW Updated On Wed, Mar 17th, 2021 by Saurenergy MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […] Read more
Storm Motors Claims $1M+ Orders in the First Four Days Updated On Tue, Mar 16th, 2021 by Saurenergy Storm Motors, a startup company in fast emerging electric vehicles space has announced its flagship product, Storm – R3 a personal mobility solution, opening with a limited number of units to be produce this year has already hit big by gaining $1M + orders in just first four days. Storm Motors, founded in 2016 by […] Read more
Sunseap Signs Long-Term Agreement with Amazon for Clean Solar Energy to be Tapped from JTC’s solar farms Updated On Mon, Mar 15th, 2021 by Saurenergy Sunseap Group, Singapore’s leading solar energy provider, has signed a long-term agreement with Amazon to export 62 megawatts (MWp) of clean energy to the national grid, that will help Amazon meet its sustainability goals. Sunseap was awarded one of the two contracts under JTC’s SolarLand Phase 3 tender last year, part of JTC’s efforts to […] Read more
GOGLA, Solar Energy Association Marks 2020 With USD 316 Million Investment Updated On Mon, Mar 15th, 2021 by Saurenergy GOGLA, the global association for off-grid solar energy, which delivers off-grid electricity products and services, has announced that the total investment into the off-grid solar sector in 2020 accounted for USD 316 million, four million higher than 2019. GOGLA reasons out the seven key elements for their achievements. It has released an Investment Database which […] Read more
Waaree Supplies 2.47 MW Solar Modules to Vibgyor Energy Updated On Fri, Mar 12th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer with an installed capacity of 2 GW, has announced supplying 330wp & 335wp Solar modules for a 2.47 MW project Developed by the Sunil Gadhoke led Vibgyor Energy, of Sunbeam Real Ventures Pvt Ltd. The solar project of Vibgyor Energy is located at Hardoi, Uttar Pradesh and Waaree […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
