PLI scheme to account for 13-15% capex in key industrial sectors over 3-4 years: Crisil Updated On Thu, Mar 24th, 2022 by Saurenergy Production Linked Incentive (PLI) scheme will account for 13-15 per cent of the average annual investment spending in key industrial sectors over the next three-four years, according to a report by Crisil. Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune of Rs 1.93 lakh […] Read more
‘Grandfathering’ Of Solar Projects Bid Out Before March 9, 2021 Back on Agenda Updated On Thu, Mar 24th, 2022 by Saurenergy The thorny issue of protecting projects that were bid out before March 9, 2021 subsequent to which the Power and MNRE Minister R.K. Singh announced plans to impose high customs duties on Solar module and cell imports, moved a step closer to a resolution it seems. Mr Singh has confirmed that the MNRE ministry has […] Read more
MNRE to Give Three Months’ Relief in SCD of Wind Energy Projects Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has decided to give an extra three months relief to wind power developers whose projects could not be commissioned in time due to the second wave of Covid-19 and also the onset of monsoon. Earlier, the MNRE allowed the period of disruption from April 1, 2021 to […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Project Engineer – Std Engineering (Legislation and certification) Updated On Tue, Mar 22nd, 2022 by Saurenergy To drive the activities of product development in the Engineering Department at Dapodi Plant (Pune), we are looking for the Project Engineer Std Engineering who will report to Engineering Manager OFA. Project Engineer is responsible for designing, implementing, monitoring and closing the projects. Achievements of project objectives agreed upon in advance within framework of time and budget […] Read more
Lead Engineer-DfMA Updated On Tue, Mar 22nd, 2022 by Saurenergy If you desire to be part of something special, to be part of a winning team, to be part of a fun team – winning is fun. We are looking forward to a Lead Engineer-DfMA based in Pune, India. In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model of inclusion & diversity are […] Read more
Swedish firm raises €9.6 M for sustainable cathode material for Na+ batteries Updated On Tue, Mar 22nd, 2022 by Saurenergy Swedish sodium-ion battery company Altris AB has raised €9.6 Million (100 MSEK) in a Series A funding round. The funding secures Altris’ production scale-up of the company’s innovative battery cathode material, Fennac, to 2,000 tonnes, enabling 1 GWh of sustainable batteries and further research and development of sodium-ion batteries to take place, said the firm. […] Read more
India, Japan Partner for Electric Vehicles, battery storage, Biofuels, Green Hydrogen Updated On Tue, Mar 22nd, 2022 by Saurenergy Taking cooperation for net zero carbon emissions to the next level, India and Japan have instituted a ‘Clean Energy Partnership’ (CEP) by incorporating electric vehicles, EV charging infrastructure, solar sector development, biofuels, green hydrogen and battery storages. Japanese Prime Minister Kishida Fumio, was in India for the 14th India-Japan Annual Summit earlier this week. After […] Read more
Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot Updated On Tue, Mar 22nd, 2022 by Saurenergy Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […] Read more