Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
BHEL to Supply Electric Buses With Charging Infrastructure in UP Updated On Tue, Mar 17th, 2020 by Saurenergy BHEL has won an order for the supply of electric buses along with the charging infrastructure of these buses for Gorakhpur City in Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has announced it has won an order for the supply of electric buses along with charging infrastructure of these […] Read more
Solar Tech Startup Zunroof Raises $3 Mn in Second Round of Funding from Godrej Updated On Mon, Mar 16th, 2020 by Saurenergy After USD 1.2 million investment from Godrej family office in a pre-series A round in April last year, Gurgaon-based startup ZunRoof Tech Private Limited (Zunroof) on Monday now received a follow on Series A funding of about USD 3 million in the second round of investment by the family office. The company aims to use […] Read more
MNRE to set up Renewable Energy Standardisation Cell Updated On Mon, Mar 16th, 2020 by Saurenergy MNRE will set up “Renewable Energy Standardisation Cell (RESC)” to coordinate the development and adoption of standards for quality assurance in the renewables sector The Ministry of New and Renewable Energy (MNRE) on February 18, 2020, notified setting up of “Renewable Energy Standardisation Cell (RESC)” to coordinate the development, updation, and adoption of standards for […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
EV Makers, Utilities Joining Hands for Charging Infra in India Updated On Fri, Mar 13th, 2020 by Saurenergy In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […] Read more
Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica Updated On Fri, Mar 13th, 2020 by Saurenergy Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […] Read more
Total to Develop 25 MWh Battery Energy Storage Project in France Updated On Fri, Mar 13th, 2020 by Saurenergy Total has announced that it has launched a battery energy storage project with a storage capacity of 25 MWh, which will be the largest in France. Total has announced that it has launched a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25-megawatt hours (MWh) […] Read more
2043 MW new Wind Capacity Added in India This Fiscal: RK Singh Updated On Fri, Mar 13th, 2020 by Saurenergy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country […] Read more
