Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared Updated On Tue, Aug 7th, 2018 by Saurenergy Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more
Rico Autos foresees Rs 2,000 crore turnover by 2020 Updated On Mon, Aug 6th, 2018 by Saurenergy Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […] Read more
SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders Updated On Mon, Aug 6th, 2018 by Saurenergy SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […] Read more
Atlanta’s Georgia Power Plans to add 100MW of Solar Power Production Updated On Mon, Aug 6th, 2018 by Saurenergy The plan to increase the renewable energy capacity falls under Georgia Power Renewable Energy Development Initiative. Atlanta’s Georgia Power is aiming to add to its renewable energy portfolio another production capacity of 100 MW solar power. The Atlanta’s Journal Constitution stated that the company is looking for the solar energy facilities interested to sell stakes […] Read more
Introduction to Floating PV Plant Updated On Mon, Aug 6th, 2018 by Saurenergy Renewable energy sources are of prime importance as they would power our future. Solar energy power plant which utilises the sun’s energy needs adequate space for installation. It is a well-known fact that out of the 510 million Km2 surface area of earth, a mere (appx.) 29% is covered with land. Additionally (at some locations) […] Read more
Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant Updated On Mon, Aug 6th, 2018 by Saurenergy The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […] Read more
MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
BMW Brilliance and CATL Signed Strategic Cooperation Agreement Updated On Sat, Aug 4th, 2018 by Saurenergy BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […] Read more
