Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved Updated On Thu, Sep 10th, 2020 by Saurenergy The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […] Read more
Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT Updated On Thu, Sep 10th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […] Read more
Exceeding Simulations, PV Plant In Kazakhstan Defies Weather extremes Updated On Wed, Sep 9th, 2020 by Saurenergy Kazakhstan gets 2200–3000 sun hours annually, bringing great potential for PV development. A 50 MW PV plant, backed by the Risen Energy as the developer is in the spotlight among 37 PV plants currently in Kazakhstan, thanks to its outstanding performance. Located in Chulakkurgan, Turkistan a desert environment with temperature extremes of a lowest of […] Read more
15 years On, Ginlong Solis Is A Solar Champion Updated On Wed, Sep 9th, 2020 by Saurenergy 2020 might be a year most firms would like to forget, but for Ginlong Solis, the global inverter manufacturer, the year remains a key milestone on the firm’s journey to an ever-growing role in the global solar market. This year marks the firm’s 15th year of operations, a journey every stakeholder can look back with […] Read more
3 GW of Rooftop Solar in 2020, And a Grid Headache for Australia Updated On Tue, Sep 8th, 2020 by Saurenergy Australia, after a reluctant embrace of renewable energy initially, has practically broken down the door for renewable energy now. The world’s largest coal exporter is racing to build solar, sometimes faster than the grids can keep up. The Clean Energy Regulator, the government entity tasked with tracking and administering renewable incentives, among other things, has […] Read more
EV Ride Hailing Platform BluSmart Raises $7 mn in Funding Updated On Tue, Sep 8th, 2020 by Saurenergy Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […] Read more
Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe Updated On Tue, Sep 8th, 2020 by Saurenergy PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […] Read more
Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI Updated On Tue, Sep 8th, 2020 by Saurenergy A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […] Read more
CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector Updated On Tue, Sep 8th, 2020 by Saurenergy CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […] Read more
