Electric Scooter Firm Okinawa Planning to Expand Dealership Network Updated On Tue, Jul 21st, 2020 by Saurenergy Electric scooter manufacturer Okinawa has announced that it is planning to aggressively expand its dealership network in the current and next fiscal years. Electric scooter manufacturer Okinawa has announced that it is planning to aggressively expand its dealership network in the current and next fiscal years. The company is working towards the goal of reaching […] Read more
MERC Provides Relief To Renew Power On Project Delay Plea Updated On Fri, Jul 17th, 2020 by Saurenergy In a ruling that follows a well trodden path for multiple wind energy developers in Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC), has provided relief to Renew Power SPV (Special Purpose vehicle) Renew Vayu Urja Private Limited (Renew) in a case against the MSEDCL (Maharashtra State Electricity Distribution Company Ltd). Maharashtra Energy Development Agency (MEDA) […] Read more
Tata Power Receives LoA for 225 MW Hybrid Renewable Energy Project Updated On Thu, Jul 16th, 2020 by Saurenergy Tata Power has announced that its wholly-owned subsidiary – Tata Power Green Energy has received an LoA to develop a 225 MW hybrid renewable project. Tata Power, one of India’s largest integrated power companies has announced that its wholly-owned subsidiary – Tata Power Green Energy Limited (TPGEL) has received a Letter of Award (LoA) from […] Read more
MERC Rules In MSEDCL Favour In Case Involving Greenko Subsidiary Updated On Mon, Jul 13th, 2020 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has gone with the MSEDCL view in a case involving Orange Maha Wind Energy Private Limited (Orange Wind), a subsidiary of Orange Renewables, now owned by the Hyderabad based Greenko group. The judgement was uploaded on July 11, on the MERC site. The case in question,involved the contention of […] Read more
12 States and Union Territories Against Electricity Amendment Bill: AIPEF Updated On Fri, Jul 10th, 2020 by Saurenergy AIPEF has claimed that as many as 11 states and 1 union territory have opposed many provisions in the proposed draft of the Electricity Amendment Bill 2020. The All India Power Engineers Federation (AIPEF) has claimed that as many as 11 states and one union territory have opposed many provisions in the proposed draft of […] Read more
Funding Boost for Electric Vehicle Startup Earth Energy EV Updated On Fri, Jul 10th, 2020 by Saurenergy Earth Energy EV, an electric vehicle startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. Maharashtra-based Earth Energy EV, an Electric Vehicle (EV) startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. That was led by LR Joshi, […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Future of Residential Solar: Post Covid Period Updated On Thu, Jul 2nd, 2020 by Saurenergy Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […] Read more
Average Power Price in RTM Lowers to Rs 2.22 per Unit in June Updated On Thu, Jul 2nd, 2020 by Saurenergy The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […] Read more
