Japan’s Mitsui Invests Rs 100 Crore in SmartE Updated On Thu, Jul 25th, 2019 by Saurenergy SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […] Read more
No Slowdown in Solar Power Generation Post Safeguard Duty: RK Singh Updated On Thu, Jul 25th, 2019 by Saurenergy India generated over 81 thousand million units (MU) of solar power in the last three financial years, minister RK Singh informed the Rajya Sabha. India generated over 81 thousand million units (MU) of solar power in the last three financial years (2016-17 to 2018-19), Minister of State for Power and New and Renewable Energy, RK […] Read more
Siemens Gamesa Signs Supply Contract for 94 MW Wind Farm in Brazil Updated On Thu, Jul 25th, 2019 by Saurenergy Siemens Gamesa will supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farm in Brazil with an installed capacity of 94 MW. Siemens Gamesa has signed its first contract with Brennand Investimentos to supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farms in Sento Sé, Bahia, Brazil with […] Read more
Secretary Shuffle: SC Garg Moves From Finance to Power Updated On Thu, Jul 25th, 2019 by Saurenergy In the first major bureaucratic shuffle of its second term, the government has transferred Finance Secretary SC Garg to the power ministry. In the first major bureaucratic shuffle of its second term, the Narendra Modi government on July 24, 2019, transferred Finance Secretary Subhash Chandra Garg to the power ministry while appointing Atanu Chakraborty as the […] Read more
Government Eases Norms for Grid Connected Wind Projects Updated On Wed, Jul 24th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has made amendments to the tariff bidding process for wind energy projects, in a move to reduce investment risk and incentivise faster project completion in the sector. The guidelines, which were last notified on 8th December, 2017, are meant exclusively for grid connected projects. The following changes […] Read more
Gujarat Leads Rooftop Solar Segment in India Updated On Wed, Jul 24th, 2019 by Saurenergy Gujarat has emerged as the state with the maximum installed rooftop solar capacity in India with 261.97 MW installed last year. Gujarat has emerged as the state with the maximum installed rooftop solar capacity in India, with 261.97 MW installed in the state as per the latest data that was tabled in Rajya Sabha on […] Read more
Solarpack Closes Financing on 3 Solar Plants in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Solarpack has closed the financing of 3 solar plants in Spain for a total of EUR 59 million, with a cumulative module capacity of 112 MW Solarpack has closed the financing of 3 solar photovoltaic plants in Spain for a total of 59 million euros, divided into a VAT financing tranche and a senior Project […] Read more
Shakti Pumps Buoyant on Govt’s Scheme for Solar Irrigation Pumps Updated On Wed, Jul 24th, 2019 by Saurenergy As per the government sources, the project envisages implementation of overall 2.75 lakh agricultural pumps for FY 2019-20, the company added. One of the leading water pumps and motors makers Shakti Pumps India Ltd is quiet optimistic about the government’s mega scheme called Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM), for boosting use of solar-powered […] Read more
Cobalt and Nickel Supply Woes to Hurt EV Makers – Woodmac Updated On Wed, Jul 24th, 2019 by Saurenergy The rising popularity of EVs globally and the rush to adopt cleaner mobility options has led to a surge in demand for Cobalt and Nickel. Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grow, panic around a steady […] Read more
