Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16 Updated On Tue, Feb 11th, 2020 by Saurenergy After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […] Read more
India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI Updated On Tue, Feb 11th, 2020 by Saurenergy India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […] Read more
JinkoSolar Retains top Spot in Global Solar PV Module Shipments for 2019: GlobalData Updated On Mon, Feb 10th, 2020 by Saurenergy JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, GlobalData has revealed Chinese solar module manufacturer JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, securing the top position in GlobalData’s 2018 ranking produced last year. The […] Read more
Govt Modifies Provision; Cuts Application Fees for Small Solar Module Manufacturers Updated On Fri, Feb 7th, 2020 by Saurenergy In a significant step towards providing further relief to small solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has modified its existing provisions related to application fees. As per the new provisions, for small photovoltaic (PV) module manufacturers having total installed manufacturing capacity less than or equal to 50 MW, the application […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Tata Motors Nexon EV Debuts in India; Starting Price at Rs 13.99 Lakhs Updated On Tue, Jan 28th, 2020 by Saurenergy Redefining the evolution of electric vehicles (EVs) in India, Tata Motors on Tuesday launched the country’s own electric SUV ‘Nexon EV’ at an introductory price starting from Rs 13.99 lakhs (ex-showroom price at all India). Backed by Tata uniEVerse, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata […] Read more
GM Invests $2.2 Bn in its First 100% Plant Devoted to Electric Vehicles Updated On Tue, Jan 28th, 2020 by Saurenergy General Motors’ (GM) is investing USD 2.2 billion in its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles General Motors’ (GM) vision of an all-electric future is coming into clearer focus and gaining momentum with a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles including […] Read more
