PM Modi Brings 7.5 GW Ladakh Solar Project Back into Focus Updated On Mon, Aug 17th, 2020 by Saurenergy PM Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh Prime Minister Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh to set the union territory on […] Read more
Need To Make Development Financing Institutions for Infrastructure Development Updated On Mon, Aug 17th, 2020 by Saurenergy The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […] Read more
Each Degree Rise in Heat Index led to 187 MW Increase in Power Demand: CSE Updated On Fri, Aug 14th, 2020 by Saurenergy Every degree rise in heat index resulted in a 187-megawatt increase in electricity demand during COVID-19 lockdown, which was six percent higher than in 2019, according to a new analysis. The analysis by the Centre for Science and Environment (CSE) was on electricity demand and its correlation with weather data during the successive stages of lockdown […] Read more
Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW Updated On Fri, Aug 14th, 2020 by Saurenergy Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […] Read more
Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore Updated On Fri, Aug 14th, 2020 by Saurenergy Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […] Read more
Allowing Sale of EVs Without Batteries not Well Planned: Mahindra Electric Updated On Fri, Aug 14th, 2020 by Saurenergy Mahindra Electric has criticised the MoRTH’s move to allow sale and registration of electric vehicles (EVs) without pre-fitted batteries. Mahindra Electric, the EV business of the Mahindra Group, has criticised the Ministry of Road Transport and Highways’s (MoRTH) move to allow sale and registration of electric vehicles (EVs) without pre-fitted batteries, saying no country in […] Read more
Electric Bus Garage in London to Feed the Grid in Largest Ever Trial Updated On Fri, Aug 14th, 2020 by Saurenergy A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial to […] Read more
EV Chargers Mandatory for all Future Building Premises in Noida Updated On Fri, Aug 14th, 2020 by Saurenergy The UP Government has made it mandatory for all future big housing and commercial projects in Noida and Greater Noida to have EV chargers on their premises. In a bid to promote the adoption and usage of electric vehicles (EV) in the state, the Uttar Pradesh Government has made it mandatory for all future big […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more