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 Global Shift to Electric Cars placing Indian Auto Sector at Risk Updated On Tue, Jun 11th, 2019 by Saurenergy Honda India knows the feeling. back in 2012, as oil prices shot up yet again, the firm had no diesel model in its portfolio, and it saw its sales slump to new lows every month. With Diesel subsidised much more than petrol, it was a dangerous abstinence for Honda. It was only in 2013, that […] Read more
SNEC Shanghai 2019. India is falling ‘Behind’ Updated On Mon, Jun 10th, 2019 by Saurenergy At the SNEC Shanghai Show, held in shanghai from June 4-6, and among the largest expos for the solar industry in the world, after three days of meetings with visitors and exhibitors from China and other countries, for their view of the Indian market, we saw an almost uniform perspective on the Indian market this […] Read more
Huawei Wins Top 10 Highest Award at SNEC 2019 Updated On Thu, Jun 6th, 2019 by Saurenergy At SNEC 2019, Huawei was announced as the winner of SNEC Top 10 Highest Award – Titanium Watt Diamond Award, for its Smart I-V Diagnosis 3.0. The Top 10 Highest Award recognises the best overall performance from a group competitors. Experts consider five factors as “advanced”, “initiative”, “professional”, “sociality” and “regional”, finally select “Top 10 Highest […] Read more
Iconic Sydney Opera House Chooses Solar, Wind Energy Updated On Thu, Jun 6th, 2019 by Saurenergy On of Australia’s most iconic heritage building, Sydney Opera House will procure solar and wind energy to power its activities for the next 7 years Australia’s most iconic building Sydney Opera house has inked contracts to source wind and solar power from major projects in the state of New South Wales. Based on a power […] Read more
Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019 Updated On Wed, Jun 5th, 2019 by Saurenergy Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […] Read more
Vestas Selected as EPC Service Provider For South African Wind Project Updated On Tue, Jun 4th, 2019 by Saurenergy Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […] Read more
Siemens Gamesa Bags Order For 640 MW Offshore Wind Project in Taiwan Updated On Mon, Jun 3rd, 2019 by Saurenergy Siemens Gamesa Renewable Energy has finally received the firm order for the 640 MW Yunlin offshore wind plant in Taiwan. Following its selection as the preferred supplier in May 2018, Siemens Gamesa Renewable Energy (SGRE) has received the firm order by wpd offshore to supply the 640 MW Yunlin offshore wind power plant in Taiwan. […] Read more
Power Finance Corp More Than Doubled Q4 Profits Updated On Thu, May 30th, 2019 by Saurenergy Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […] Read more