Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more
TN, AP and Telangana Account for 71% Discom Dues to RE Generators Updated On Thu, Sep 17th, 2020 by Saurenergy Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector. Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […] Read more
The World can and Must Achieve Net-Zero Emissions by 2050: Report Updated On Thu, Sep 17th, 2020 by Saurenergy A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […] Read more
Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs Updated On Thu, Sep 17th, 2020 by Saurenergy Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […] Read more
Ministry of Power to set up Rs 2000 Cr JV to Ease Smart Meter Rollouts Updated On Wed, Sep 16th, 2020 by Saurenergy Ministry of Power has begun the process to set up a Rs 2,000 crore JV for providing a CBIF to power Discoms for faster roll-out of smart meters in the country The Ministry of Power has begun the process to set up a Rs 2,000 crore joint venture (JV) for providing a common backend infrastructure […] Read more
SunAlpha Energy Enabling job Opportunities Post Lockdown 4.0 Updated On Wed, Sep 16th, 2020 by Saurenergy Atmanirbhar Bharat Abhiyan’ inspires one of the leading solar energy conglomerates in India to create jobs for professionals & labour in the industry The Covid-19 pandemic has brought the world to a standstill and has impacted our lives deeply. All sectors have been hit by the challenges caused by the outbreak of the virus strongly and […] Read more
Over 27,000 EVs Supported Under FAME-II Scheme so far: Javadekar Updated On Wed, Sep 16th, 2020 by Saurenergy The central government has so far supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under FAME-II The central government has so far (until September 10, 2020) supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under the phase […] Read more
Visaka Industries Granted 20-year Patent Rights for ATUM Solar Roof Updated On Wed, Sep 16th, 2020 by Saurenergy Visaka Industries has been granted a 20-year patent for its ATUM Solar Roof, for the invention titled “Eco-Friendly Energy Generating Roof.” Visaka Industries Limited has been granted a 20-year patent for its ATUM Solar Roof. The patent has been granted for the invention titled “Eco-Friendly Energy Generating Roof.” ATUM is a roof that generates electricity. […] Read more
Manufacturing Boosted by Low Tariffs Will Help Atmanirbhar Bharat: RK Singh Updated On Wed, Sep 16th, 2020 by Saurenergy RK Singh believes Lower tariffs will boost local manufacturing in the country, which in turn will contribute to achieving the goal of Atmanirbhar Bharat. Union Minister for Power and New and Renewable Energy RK Singh has said that the competitiveness of the Indian solar industry which has seen tariff drops to a record low will […] Read more
