PM Stresses on Attracting Private Investments for Power Sector Updated On Fri, May 1st, 2020 by Saurenergy Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […] Read more
SECI’s 2GW ISTS-Connected Wind Projects Tender to Close on May 06 Updated On Fri, May 1st, 2020 by Saurenergy State-owned Solar Energy Corporation of India Ltd’s (SECI’s) tender for 2 GW (or 2,000 MW) inter-state transmission system (ISTS) connected wind power projects in India under tariff-based competitive bidding (Tranche-IX) will be closed on May 06, 2020. Thus, interested bidders can submit their bids on or before May 06, 2020, by 6:00 p.m. Also, SECI […] Read more
Solar91 Commissions 3MW PV Plant at Modern Insulators Premises in Rajasthan Updated On Fri, May 1st, 2020 by Saurenergy Rajasthan-based EPC services provider Solar91 Cleantech Pvt Ltd has successfully commissioned solar photovoltaic (PV) power project having 3 MW of capacity at the premises of Modern Insulators Ltd, a leading porcelain insulator manufacturer. Modern Insulators is an arm of the Modern group of Industries and was set up in 1985 in collaboration with Siemens, Germany. […] Read more
OEMs Diversification Plan from China Intensifies; Eyes New Markets in SE Asia: Report Updated On Fri, May 1st, 2020 by Saurenergy China remained the largest manufacturing hub for power equipment suppliers worldwide. However, coronavirus pandemic has posed a threat to its ambitions to continue to remain as global hotspot for manufacturing, because companies are now evaluating the efficiency and responsiveness of their supply chains to deal with the challenges arisen from the virus outbreak. Thus, diversification […] Read more
Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
SK Innovation Increases Investment in US EV Battery Business to $2.5 Bn Updated On Fri, May 1st, 2020 by Saurenergy SK Innovation has announced that it plans for additional investment in its US battery business, to fund the start of construction of a 2nd EV battery plant. South Korea-based SK Innovation has announced that it plans for additional investment in its US battery business, following approval by its Board of Directors to fund the start of construction of a […] Read more
KEC International Resumes Work at All 5 Factories; Stock Surges 4.5% Updated On Thu, Apr 30th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC) has resumed operations at all its 5 factories across the country in a phased manner after receiving necessary approvals from the relevant government authority. Most of the companies across the country had earlier in March shut down their operations post the government order for a lockdown amidst the spread […] Read more
MNRE Extends Deadline for Comments on Draft Standards for Utility Grid Inverters till May 7 Updated On Thu, Apr 30th, 2020 by Saurenergy In continuation of providing time extension for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the deadline for submission of comments and suggestions by the industry stakeholders on the draft standards for utility grid inverters till May 07, 2020. MNRE has written to all experts and related industry stakeholders informing […] Read more
Govt Needs to Extend Incentives for Domestic Manufacturing, Exploit Skilled Manpower: Jaideep N. Malaviya Updated On Thu, Apr 30th, 2020 by Saurenergy The glass components like vacuum tubes or curved mirrors are largely imported being specialised. India’s solar thermal market is steady hence gives confidence for “Make in India”. However, government needs to extend incentives for manufacturing and exploit the domestic skilled human resources. In short “Opportunities Infinite but Challenges Many Ahead”, believes Jaideep N. Malaviya, Secretary […] Read more
