Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
Govt. Launches Phased Manufacturing Programme to Aid the Domestic EV Market Updated On Tue, May 7th, 2019 by Saurenergy The Government of India has launched the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of electric vehicles, its assemblies/sub-assemblies and parts/subparts/inputs of the sub-assemblies thereof. The Government approved the National Mission on Electric Mobility in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013 by the then Prime Minister. […] Read more
Solar Project Investor PFS Reports 12.7% Growth in 2018-19 Updated On Tue, May 7th, 2019 by Saurenergy Indian power projects investor. PTC Financial Services (PFS) has issued its results for the financial year 2018-19. For PFS the total revenue for the year stood at Rs 1,336.51 crore, which was Rs 151.36 crore more than the company reported in the previous year (FY 2017-18) at Rs 1,185.15 crore. From 2017-18 to 2018-19 the […] Read more
Munzer Bharat. How an Austrian Firm Picked India for Its First Global Plant Updated On Mon, May 6th, 2019 by Saurenergy Munzer BioIndustrie, a family-owned firm from the little known town of Sinabelkirchen, near Vienna in Austria, finally got going in India this year, with its first BioDiesel plant starting pilot tests. Here is how, why and what the company expects to achieve with its Indian venture. The start of Munzer Bharat Private Limited itself has […] Read more
Carbon Taxes are the Best Way to Cut GHG Emissions: Report Updated On Mon, May 6th, 2019 by Saurenergy An IMF Executive Board review of the fiscal policies for Paris climate strategies and discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper […] Read more
Signify Innovations Predicts Growth in Solar Lights Segment Updated On Mon, May 6th, 2019 by Saurenergy Signify Innovations India is expecting a good opportunity in the solar lights segment going forward, not only from the rural market but also from the urban market. Signify Innovations India (earlier Philips Lighting India), with 29 million connected light points worldwide is expecting good opportunity in the solar lights segment going forward, not only from the […] Read more
FAME Alone Not Enough to Boost EV Adoption Updated On Mon, May 6th, 2019 by Saurenergy FAME alone is not enough to reach the 2030 target, various measures as prerequisites are needed in this transition. Policies like FAME need to be supplemented with measures such as domestic manufacturing of vehicles, batteries, and components to boost mass adoption of electric vehicles by 2030, industry body Confederation of Indian Industry (CII) has said. […] Read more
HC Asks Panel To Relook Into GST on Solar Sector Updated On Mon, May 6th, 2019 by Saurenergy The Delhi High Court has directed the Goods and Services Tax Council to review the tax structure for solar power projects. The decision was in response to a writ filed by the Solar Power Development Association, which had challenged the latest tax formulation for solar power generating systems unveiled on January 1. The court has […] Read more
Naval Institution in Kochi Commissions Solar Plant Updated On Mon, May 6th, 2019 by Saurenergy The solar plant is expected to generate close to 14,400 units of energy every year. The Naval Armament Inspectorate (NAI) in Kochi has taken a big step on the green route by harnessing solar power to meet its supplemental energy requirements. Director General of Naval Armament Inspection (DGNAI) Rear Admiral Sanjay Misra inaugurated the rooftop solar power plant at […] Read more
