Bharat Forge Invests 90 Crore in EV company Tevva Motors Updated On Wed, Jun 13th, 2018 by Saurenergy The investment by Bharat Forge would mean the company has acquired a license for commercialization of the Tevva technology within India. It would also mean the company can strengthen the research and development (R&D) activities in the e-mobility space. In a major strategic development, an Indian multinational company, Bharat Forges invested around Rs 90 crore […] Read more
Prysmian Completes Acquisition of General Cable Updated On Thu, Jun 7th, 2018 by Saurenergy Prysmian Group (BIT: PRY) and General Cable Corporation (NYSE: BGC) announced that Prysmian has completed its acquisition of General Cable. Pursuant to the terms of the merger agreement entered into among the parties on December 3, 2017, Prysmian has acquired all the outstanding shares of General Cable common stock for $30.00 per share in cash. […] Read more
Sumitomo SHI FW Has Successfully Completed CFB Boiler Modernization Project in Estonia Updated On Wed, Jun 6th, 2018 by Saurenergy State-of-the-art EPC project utilizing retort gas from oil shale; Upgrade of CFB boiler to increase environmental benefits Sumitomo SHI FW announces that it has successfully completed the delivery of a CFB boiler technology upgrade project to increase the oil shale retort gas combustion in an existing circulating fluidized-bed (CFB) boiler at the Enefit’s Narva Power […] Read more
MNRE Issued Revised Schedule of Quality Control Order of Solar Photo Voltaic Systems, Devices and Components Goods 2017 Updated On Mon, Jun 4th, 2018 by Saurenergy The issues relating to products at Sl. No. 4 and 5 in the Schedule have been discussed with the stakeholders for the smooth implementation of this order, further amendments to the Schedule are hereby notified with an addition of item No 6 as per the principal order dated 5th September 2017, and para 2 of […] Read more
Divergent Rulings Put Solar Companies in Dilemma Updated On Mon, May 28th, 2018 by Saurenergy To seek clarity on the matter the industry has knocked the doors of government. On the one hand, Maharashtra AAR in his two rulings have favored a GST rate of 18% which threats installations as a whole works contract. The solar industry has been thrown into confusion after divergent decisions form two separate Authority for […] Read more
MNRE Announces RPO Compliance Unit Updated On Sat, May 26th, 2018 by Saurenergy The RPO Compliance Cell will coordinate with states, Central Electricity Regulatory Commission (CERC) and SERCs on all things related to the RPO. It will oversee monthly reports on RPO compliance, coordinate periodic reporting, and act on non-compliance with the appropriate authorities. To improve enforcement of key policies for clean energy deployment in the country, Ministry […] Read more
O2 EMC, URE Complete Construction of Bedford Solar Farm Updated On Thu, May 24th, 2018 by Saurenergy The project was a 3MW AC (3.3MW DC) solar power system located on approximately 16 acres of land in Bedford, Virginia. Solar projects developer O2 EMC and EPC firm United Renewable Energy (URE) have completed the construction of the Bedford Solar Farm in Virginia. The project was a 3MW AC (3.3MW DC) solar power system located […] Read more
Trina Solar Completes Acquisition of Spanish Tracker Firm Nclave Updated On Mon, May 21st, 2018 by Saurenergy This is the first time that any Chinese solar firm has acquired a solar tracker producer outside of its home market. Chinese solar giant Trina Solar has successfully closed the acquisition transaction of the Spanish solar tracker system maker Nclave Renewable S.L. The transaction will strategically transform Trina Solar from a leading PV product supplier to a […] Read more
India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister Updated On Wed, May 16th, 2018 by Saurenergy “We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […] Read more
