EESL Trims EV Order by a Massive 70%, After Andhra Cancellation Updated On Wed, Nov 13th, 2019 by Saurenergy EESL has scaled down its EV order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis. Energy Efficiency Services Limited (EESL) has scaled down its electric vehicle (EV) order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more
Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta Updated On Fri, Nov 1st, 2019 by Saurenergy We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […] Read more
SunPower to Supply Clean Solar Energy to Chevron’s Lost Hills Oil Field for 20 Yrs Updated On Wed, Oct 30th, 2019 by Saurenergy Also, it is expected that the project will produce over 1.4 billion kilowatt hours of clean solar power during its tenure of 20 years. California-headquartered SunPower has entered into a 20 year power purchase agreement (PPA) to supply renewable energy to Chevron’s Lost Hills Oil Field. Moreover, the company has also started construction on the […] Read more
Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
Ingeteam Organises Supplier Event to Strengthen Supply Chain Updated On Thu, Oct 10th, 2019 by Saurenergy During the event a total of seventy-five key suppliers were gathered with an aim to tighten relationships, grew supply chain collaboration along with continuous improvement. With an aim to target triple objective through single move, Ingeteam, a global supplier of electrical conversion and turbine control equipment, had organised the supplier meet recently at its new […] Read more
There has Been Significant Uptick in Demand for Solar Products: Jatin Patel Updated On Mon, Oct 7th, 2019 by Saurenergy I believe that there has been a significant increase in demand for solar energy products. Particularly due to the increasing awareness of the benefits of solar-powered products, affordability and abundance of solar companies in India. The introduction of refined government policies has left a fundamental impact on India’s solar market, by increasing the affordability and […] Read more
Waaree Expands Module Manufacturing Capacity to 2 GW Updated On Tue, Sep 24th, 2019 by Saurenergy With this, it has now upgraded its module production capacity to 5.7 MW per day. With an aim to further expand its wings to achieve higher targets, country’s one of the leading PV module maker and EPC services provider, Waaree Energies has recently expanded its Gujarat based module manufacturing capacity to 2 GW from the […] Read more
Tata Power-DDL, IFC Collaborate to Assess Battery Storage Demand Updated On Sat, Aug 24th, 2019 by Saurenergy The motive behind the move is to ensure sustainable and reliable power distribution and to formulate a business model for storage deployment in distribution utilities. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of Tata Power, has entered into an agreement with International Finance Corporation (IFC), a member of the World Bank Group, […] Read more