Aug 21 CEA Report Points To Massive Problems in Solar Project Pipeline Updated On Sun, Aug 23rd, 2020 by Saurenergy A report released by India’s Central Electricity Authority (CEA) on August 21, indicates some huge issues for the ‘pipeline’ of solar (and wind) projects. Looking at the delays and reasons for these delays in many cases, and the evolving situation on the ground,it becomes amply clear that the 2022 target of 175 GW is at […] Read more
C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
Centre has Assured it Will Provide Subsidy for 1000 E-Buses in Delhi: Gahlot Updated On Fri, Aug 21st, 2020 by Saurenergy Delhi Transport Minister Kailash Gahlot has confirmed that the Centre has assured that subsidy will be provided for 1,000 e-buses in the city. Delhi Transport Minister Kailash Gahlot has confirmed that the Centre has assured that subsidy will be provided for 1,000 electric buses (e-buses) in the city. Gehlot confirmed the news after his meeting […] Read more
Tezpur University Generating 90,000 kW of Solar Electricity Every Month Updated On Fri, Aug 21st, 2020 by Saurenergy Tezpur University in Assam is generating on average – nearly 90,000 kW of electricity every month through its 1 MW on-campus rooftop solar power systems. The Tezpur University in Assam has said that it is generating on average – nearly 90,000 kilowatts (kW) of electricity every month through its 1 MW on-campus rooftop solar power […] Read more
SJVN Seeking Debt Financing of Rs 1000 Cr for Upcoming Solar Projects Updated On Thu, Aug 20th, 2020 by Saurenergy SJVN has issued an EoI inviting financing institutions to submit proposals for providing debt financing loans for its upcoming renewable projects (solar). SJVN Ltd – a mini Ratna CPSU under the Ministry of Power – has issued an Expression of Interest (EoI) inviting eligible financing institutions to submit proposals for providing debt financing loans to […] Read more
40% of All new Launches in China in Next 5 Years to be Electric: GM Updated On Thu, Aug 20th, 2020 by Saurenergy General Motors (GM) has highlighted that in electrification, more than 40 percent of its new launches in China in the next 5 years will be electric models. General Motors (GM) has recently announced its technology rollout plan for electrification, intelligent driving and connectivity in China, with an immersive display at the PATAC Design Dome in […] Read more
Hero Electric Partners up to Offer Leasing Options for Electric Scooters Updated On Thu, Aug 20th, 2020 by Saurenergy Hero Electric has announced its partnership with OTO Capital to provide consumers with affordable and flexible financing options to own electric scooters Hero Electric, a pioneer in the electric vehicle industry in India, has announced its partnership with OTO Capital, India’s first vehicle leasing startup to provide consumers with affordable and flexible financing options to […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
