MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
Fourth Wave Energy Inc. Reaches Agreement to Acquire Patented Solar Roofing Company Updated On Wed, Oct 7th, 2020 by Saurenergy (“Fourth Wave” or the “Company”), a San Jose-based climate solutions company, announces plans to acquire solar tile company DeSol Power. The company plans to manufacture, market and distribute throughout North America solar tile roofs designed by DeSol Power Tiles. The DeSol solar roof system integrates design and functionality. The patented system uses roof tiles, not solar panels, as […] Read more
RenewSys Expands Manufacturing Capacity at Facility in Bengaluru Updated On Wed, Oct 7th, 2020 by Saurenergy RenewSys India has increased the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW and Backsheet capacity to 4 GW. RenewSys India has announced an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 1.65 GW). Similarly, the Backsheet capacity is being expanded […] Read more
DESRI & Entergy Break Ground on Largest Solar Facility in Louisiana Updated On Wed, Oct 7th, 2020 by Saurenergy DESRI and Entergy have announced the groundbreaking of two projects which represent the largest solar facility currently under construction in Louisiana D. E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in North America, and Entergy New Orleans have announced the groundbreaking of two projects in Louisiana—the Iris Solar project in Washington Parish and St. James Solar project […] Read more
Eos Energy Storage Expands Battery Deployments in Nigeria Updated On Tue, Oct 6th, 2020 by Saurenergy Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […] Read more
The Discom Perspective on a Viable EV Network Updated On Mon, Oct 5th, 2020 by Saurenergy A new report from TERI highlights the way forward for establishing an EV charging network, with Discoms in mind. It is no secret that an EV charging network goes hand in hand with the spread of EV’s in every market. In fact, some will argue that it usually precedes a big jump in EV adoption, […] Read more
Need for Decreasing Energy Consumption Driving Demand for Smart Solar Solutions Updated On Mon, Oct 5th, 2020 by Saurenergy The focus on renewable energy resources has risen considerably over the years. With the condition of the environment worsening day by day due to the excessive utilization of fossil fuels for energy generation, governments of different countries are now paying attention to renewable energy resources. Moreover, the population across the globe has been increasing at […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
City Logistics is Best Suited for EV Fleets: Prasad Sreeram Updated On Thu, Oct 1st, 2020 by Saurenergy COGOS, calls itself India’s fastest growing intra-city logistics company, with plans to induct 1000 EV’s in its fleet this year and a target of having 30% of the total COGOS fleet as EV by 2025. Their e-commerce customers like Flipkart, Bigbasket, Amazon have shown interest in EV deliveries and have started their pilot projects across […] Read more