NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues Updated On Tue, Nov 10th, 2020 by Saurenergy Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […] Read more
Fortum Partners up to Boost EV Charging Infrastructure Growth in India Updated On Mon, Nov 9th, 2020 by Saurenergy To bolster EV charging infrastructure in India, Fortum signed an agreement whereby Finnfund will invest in a minority share of Fortum Charge and Drive India To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority […] Read more
NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Delhi CM Kejriwal Calls For Mass Movement for Solar, But Reality Stays Slow and Low Updated On Fri, Oct 16th, 2020 by Saurenergy When the Delhi government announced its first ever solar policy in 2015, the target was 1000 MW by 2020, and 2000 MW by 2025. Call it inexperience, lack of focus, or a rapidly changing policy environment, but the state is nowhere close to, or even on the path to, those ambitious numbers. The Delhi government […] Read more
MNRE Amends Bidding Guidelines for Procuring Power From Solar Projects Updated On Thu, Oct 8th, 2020 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based bidding process for the procurement of power from grid-tied solar projects. The Ministry of New and Renewable Energy (MNRE), in a gazette notification, has issued amendments to the guidelines for ‘Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power […] Read more
Groundbreaking Research Into Solar Tech Develops Through new EU Project Updated On Mon, Oct 5th, 2020 by Saurenergy An EU project led by Chalmers will develop prototypes of new solar technology for large scale applications, such as heating systems in residential houses. Over the last few years, a specially designed molecule and an energy system with unique abilities for capturing and storing solar power have been developed by a group of researchers from […] Read more
B’Luru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian Updated On Thu, Oct 1st, 2020 by Saurenergy GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact […] Read more
“Government Notifications Will Boost Hydrogen’s Advent As Fuel Of The Future” Updated On Wed, Sep 30th, 2020 by Saurenergy By Jay Cheema Recently, the Ministry of Road Transport and Highways (“MoRTH”) has notified amendments to the Central Motor Vehicles Rules, 2020 wherein it has issued standards for safety evaluation of the vehicles propelled by hydrogen fuel cells. The suppliers and manufacturers of such hydrogen fuel cells vehicles now have standards available to test the […] Read more
