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
1 GW Tender from NTPC Under Phase-II of CPSU Program Out Updated On Tue, Jun 11th, 2019 by Saurenergy National Thermal Power Corporation Limited (NTPC) has finally released another tender for 1 GW of solar power under the CPSU program. This comes barely a week after the rfs request for 1 GW a week ago. The program was designed specifically to encourage domestic manufacturing, hence, all the supplies will need to be sourced domestically […] Read more
The Auto Industry Plays the Job card To Get A Greater Say in EV Roadmap Updated On Mon, Jun 10th, 2019 by Saurenergy India’s Auto Industry, stuck in a what seems to be a global slowdown for sales and growth in passenger vehicles, has fallen back on the risk of massive job losses and worse to push for a greater say in the government’s EV policy. At a time when the industry seems ill-equipped to adapt fast enough […] Read more
Market Consolidation will Promote R&D and Growth of Solar: Heraeus Updated On Fri, Jun 7th, 2019 by Saurenergy Heraeus Photovoltaics has stated that there is strong evidence that the PV market continues to outperform forecasts. Additionally, current industry consolidation will actually set the stage for a period of high-impact, uncapped innovation. Those insights were some of the major themes of an industry briefing by Heraeus Photovoltaics President Martin Ackermann at the 2019 SNEC […] Read more
Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report Updated On Wed, Jun 5th, 2019 by Saurenergy Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […] Read more
MNRE Invites Project Proposals For Solar-Driven Seawater Hydrogen Production Updated On Mon, Jun 3rd, 2019 by Saurenergy MNRE has invited preliminary project proposals on “Solar-driven seawater hydrogen production and producing methane by sequestering CO2” The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of the production of hydrogen from renewable energy sources, its safe and efficient storage, and its various applications. In the above […] Read more
Lendlease and Sacramento County Finalise PPA For 160 MW Solar Facility Updated On Fri, May 31st, 2019 by Saurenergy Rancho Seco Solar II is scheduled to begin construction later in 2019 and is scheduled for completion by the end of 2020. Lendlease, a leading international property and infrastructure group and the Sacramento County Municipal Utility District (SMUD) have jointly announced the execution of a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, their new […] Read more
Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report Updated On Tue, May 28th, 2019 by Saurenergy According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […] Read more
Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL Updated On Mon, May 27th, 2019 by Saurenergy The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […] Read more
