PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
North-West Europe has Potential to Lead Hydrogen Adoption: IEA & CIEP Updated On Tue, May 4th, 2021 by Saurenergy Joint IEA-CIEP study shows the region is well placed to lead hydrogen adoption for clean energy transitions, but greater cooperation and policy implementation is required to accelerate deployment. North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas […] Read more
South Korean Trio Sweep 31% of Global EV Battery Market Updated On Tue, May 4th, 2021 by Saurenergy The global electric vehicle (EV) battery market has recorded a 2.5 times growth in Jan-Mar 2021 of which, 31 percent was captured by three South Korean EV battery producers, according to a release by SNE Research. This trio consists of LG Energy Solution which came in 2nd, while Samsung SDI and SK Innovation ranked 5th […] Read more
First Solar Records $803 Million in Net Sales in Q1 2021 Updated On Tue, May 4th, 2021 by Saurenergy American solar technology company, First Solar has released its first-quarter (Q1) 2021 financial results, showing that the company has recorded net sales of USD 803 million with an increase of USD 194 million from the prior quarter. First Solar says that this has resulted primarily due to an increase in systems revenue driven by U.S. […] Read more
Swedish Solar Installer SunRoof Raises €4.5 Million Updated On Mon, May 3rd, 2021 by Saurenergy Sweden based residential solar rooftops installer, SunRoof closed a Euro 4.5 million funding round led by Inovo Venture Partners, a Poland based investor which backs early-stage and post-traction startups. It was the second round of investment of the seed extension round in under six months, taking total funding to Euro 6.5 million. The funding was […] Read more
Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021 Updated On Mon, May 3rd, 2021 by Saurenergy At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […] Read more
REIL Tenders For Solar Plants At Training, Educational Institutions in Rajasthan Updated On Mon, May 3rd, 2021 by Saurenergy The Rajasthan Electronics and Instruments Limited (REIL) has come out with a tender for the “Survey, Design, Supply of BOS, Installation – Commissioning and 5 years maintenance of various capacity Grid Connected SPV Power Plant(s) at various Training Institutions / Educational Institutions in various districts in the state of Rajasthan” . A pre-bid meeting will […] Read more
Guidelines Issued for PLI Scheme for Solar Modules; IREDA to be Implementing Agency Updated On Mon, May 3rd, 2021 by Saurenergy MNRE has issued the guidelines for the implementation of the PLI scheme for high-efficiency solar PV modules. The Ministry of New and Renewable Energy (MNRE) in a ministry wide notification has announced the sanction of the President for implementation of the Production Linked Incentive (PLI) scheme ‘National Programme on High-Efficiency Solar PV Modules’ for achieving […] Read more
Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA Updated On Fri, Apr 30th, 2021 by Saurenergy The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […] Read more
