Chinese firms look for New Models for Overseas Sales amidst Covid-19 Challenges Updated On Mon, May 25th, 2020 by Saurenergy Amidst the coronavirus crisis, these days Chinese firms are actively searching for new ways in order to increase the sale of their products in the overseas markets. In line with this, two Chinese companies, CECEP Solar Energy Technology (ZhenJiang) Co., Ltd and Zhongshi Solar Energy Saving & Resources (Jiangsu) Co., Ltd, entered into a partnership […] Read more
500W Modules and Higher Efficiency, India Falling Behind Updated On Mon, May 25th, 2020 by Saurenergy Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
After Lockdown 4.O: GoI Extends Bid Submission Date for CEL Stake Sale Updated On Mon, May 18th, 2020 by Saurenergy With the beginning of lockdown 4.O across the country amidst coronavirus outbreak, the Government of India (GoI) has extended the deadline for submitting Expression of Interest (EoI) for 100 percent divestment of Central Electronics Ltd (CEL) up to June 15, 2020. This is the third time when the government has to extend the bid submission […] Read more
Grid (In) Stability in Focus At Accenture’s Digitally Able Grid Survey Updated On Mon, May 18th, 2020 by Saurenergy More than nine in 10 executives (95%) believe that climate change due to greenhouse gas emissions has been a contributing factor to increased extreme weather events that their electricity networks have experienced over the past 10 years, according to new research from Accenture. In addition, 90% believe an expected rise in severe weather poses an […] Read more
Smart Prepaid Meters Enable Discoms Generate 95% Billing Efficiency amid Lockdown Updated On Tue, May 12th, 2020 by Saurenergy Despite lockdown imposed across the country due to coronavirus crisis, the use of smart prepaid meters is helping power distribution companies (Discoms) in generating around 95 percent of billing efficiency, along with an average 15-20 percent increase in monthly revenue per consumer. This is significant as most of the Discoms amidst lockdown in the country […] Read more
GoI Extends CEL Divestment Bid Deadline for Second Time up to May 16 Updated On Fri, May 8th, 2020 by Saurenergy For the second time in a row, the Government of India (GoI) has extended the last date for submitting bids for its solar products manufacturing unit Central Electronics Ltd (CEL) by a month. Now, the extended last date and time of expression of interest (EoI) submission is May 16, 2020, at 11:00 hours, from its […] Read more
Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime Updated On Fri, May 8th, 2020 by Saurenergy Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, […] Read more
MNRE Extends EoI Submission Date for Evaluating Components of PM KUSUM Scheme till May 20 Updated On Wed, May 6th, 2020 by Saurenergy Amidst the series of extensions of deadlines for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the time for submission of Expression of Interest (EOI) for evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme till May 20, 2020. The Ministry […] Read more