Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
Hyundai Mulls to Roll Out EVs from its Chennai Plant Updated On Fri, Jun 29th, 2018 by Saurenergy Further, Hyundai Motor India Ltd (HMIL) is also targeting to cross the 10 million milestone in the first quarter of 2021. South Korean multinational auto maker Hyundai is mulling to roll out electric vehicles (EVs) from its plant in India, which is set to become one of its global regional headquarters with more responsibility for local […] Read more
CleanMax Founder Kuldeep Jain Gets Young Alumni Achiever’s Award from IIM Ahmedabad Updated On Thu, Jun 28th, 2018 by Saurenergy Jain has received the award from Prof. Errol D’Souza – Director and Prof. Rakesh Basant – Dean, Alumni and External Relations at the college campus. IIM Ahmedabad has honoured Kuldeep Jain Founder and Managing Director of CleanMax Solar with Young Alumni Achiever’s Award 2017-18 under the entrepreneurship category. Further, Jain has received the award from Prof. Errol D’Souza […] Read more
ISMA Demands 95% Safeguard Duty on Solar Cells Import Updated On Wed, Jun 27th, 2018 by Saurenergy Indian Solar Manufacturers Association (ISMA), during a public hearing called by the Directorate General of Trade Remedies (DGTR), has demanded imposition of 95 percent safeguard duty on imported solar cells and modules, aiming to protect the domestic players from cheap inbound shipments. During hearing, the directorate heard different sections of solar energy sector on safeguard […] Read more
Nautilus Solar Energy Inaugurates 13.3 MW Community Solar Projects in Minnesota Updated On Wed, Jun 27th, 2018 by Saurenergy As part of Xcel Energy’s solar rewards community program, these solar projects are 100 percent subscribed by a diverse set of regional customers including 5 municipalities, 2 leading research/ medical facilities and a local university. New Jersey-based Nautilus Solar Energy has inaugurated the portfolio of 13.3 MW of community solar projects in Minnesota. As part of […] Read more
JinkoSolar Concludes PV Tech Seminar in Mumbai, Introduces New Product Updated On Tue, Jun 26th, 2018 by Saurenergy The company partnered with DuPont to host the PV Tech seminar in Mumbai. It was co-marked with Du-Pont. China-based JinkoSolar Trading recently announced the success of its PV Tech seminar at JW Marriott Sahar in Mumbai which was aimed to raise discussion on upcoming module technologies and solar manufacturing excellence for enhanced efficiency and generation. […] Read more
CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] Read more
