DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations Updated On Tue, Dec 15th, 2020 by Saurenergy DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […] Read more
Haryana’s JC Bose University To Have Solar Energy Plant By April 2021 Updated On Mon, Dec 14th, 2020 by Saurenergy The campus of JC Bose University, Faridabad, Haryana would be operating completely on solar energy by mid-2021, as the institute has signed an agreement with a solar company for the installation of a grid-connected rooftop solar power plant. As a result, the university will completely work on solar energy from April 2021. At SaurEnergy we […] Read more
Fitch Ratings Bumps Up IREDA Credit Ratings Updated On Mon, Dec 14th, 2020 by Saurenergy Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […] Read more
763.47 MW Added in November, India’s Total RE Capacity Surpasses 90 GW Updated On Fri, Dec 11th, 2020 by Saurenergy India’s renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place […] Read more
Tender Issued for Solar Home Lighting Systems for SC Beneficiaries in Assam Updated On Thu, Dec 10th, 2020 by Saurenergy A tender has been issued for fixation of rates for a period of 1 year for solar PV home lighting systems for the SC beneficiaries of Assam. The Directorate of Welfare of Scheduled Castes, Government of Assam, has issued a tender, inviting bids from eligible manufacturers/ distributors /dealers on a rate contract basis for fixation […] Read more
IIT Kanpur Establishes Department of Sustainable Energy Engineering Updated On Wed, Dec 9th, 2020 by Saurenergy IIT Kanpur has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and renewable energy sector IIT Kanpur has announced that it has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and […] Read more
Aptera Reveals First Never Charge Solar Electric Vehicle Updated On Mon, Dec 7th, 2020 by Saurenergy Aptera Motors has introduced the first solar electric vehicle that requires no charging for most daily use and boasts a range of 1000 miles per charge. Aptera Motors has announced it has introduced the first solar electric vehicle (sEV) that requires no charging for most daily use and boasts a range of up to 1,000 […] Read more
Govt Role, Hydrogen In Focus At Plenary On Future Of RE At REINVEST Updated On Thu, Dec 3rd, 2020 by Saurenergy At a plenary session of ReInvest 2020, called the Future of RE, the focus shifted to all that needed to be done to ensure the future arrives on time. Where renewable power forms the basis of the economy without causing the sort of upheavals and disruptions that many skeptics continue to warn of. Picking up […] Read more
SECI Extends Deadline for its Tender for 7.5 GW Solar Projects in Leh & Kargil Updated On Wed, Dec 2nd, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for the selection of SPDs for setting up of 7.5 GW solar projects in Leh & Kargil The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the selection of Solar Power Developers (SPDs) for setting up of […] Read more