Indus to use its Telecom Tower Network to Host EV Charging Stations Updated On Thu, Jul 18th, 2019 by Saurenergy Indus Towers has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. Indus Towers Ltd., India’s largest mobile tower company has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. The company plans […] Read more
Azure Power Appoints new CEO and President Updated On Thu, Jul 18th, 2019 by Saurenergy Azure Power has announced the appointment of Ranjit Gupta as CEO and a member of the Board, and Murali Subramanian as president. Azure Power, one of the leading solar power producers in India has announced the appointment of Ranjit Gupta as chief executive officer (CEO) and a member of the Board, and Murali Subramanian as […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
CRISIL Warns About Government Plan to Add 78K Fuel Pumps Updated On Fri, Jun 21st, 2019 by Saurenergy Ratings and advisory Firm CRISIL has released a report yesterday warning about the risks in the fresh wave of fuel pumps the government is planning. The warning comes at a time when the government’s own lead advisory, Niti Aayog, is pushing for a faster shift to EV’s. In a report titled ‘Outlet Overkill‘, CRISIL has […] Read more
Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction Updated On Fri, Jun 21st, 2019 by Saurenergy SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […] Read more
LONGi Ranked Most Financially Stable PV Manufacturer by BNEF Updated On Tue, Jun 18th, 2019 by Saurenergy LONGi Solar has topped the BNEF Altman-Z score chart for solar module manufacturers for the first time. Chinese solar PV major, LONGi Solar has topped the Bloomberg New Energy Finance (BNEF) Altman-Z score chart for solar module manufacturers for the first time – and with a highly increased score. The Altman-Z ratio measures a company’s […] Read more
R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector Updated On Tue, Jun 11th, 2019 by Saurenergy Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […] Read more
The Auto Industry Plays the Job card To Get A Greater Say in EV Roadmap Updated On Mon, Jun 10th, 2019 by Saurenergy India’s Auto Industry, stuck in a what seems to be a global slowdown for sales and growth in passenger vehicles, has fallen back on the risk of massive job losses and worse to push for a greater say in the government’s EV policy. At a time when the industry seems ill-equipped to adapt fast enough […] Read more
Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
