India Relegates in Global Renewable Market Index, Ranks at Spot 4 Updated On Sat, May 5th, 2018 by Saurenergy A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […] Read more
India-Japan to Work Together for Energy Security, Energy Access and Climate Change Issues Updated On Wed, May 2nd, 2018 by Saurenergy During the meeting, both the countries agreed to initiate the discussion towards development of Electric Vehicles (EVs) by collaborating with “Policy dialogue on next generation/ zero emission vehicles”. India and Japan have agreed on further strengthening of bilateral energy cooperation for energy development of both countries, and also contributing to worldwide energy security, energy access […] Read more
Imagining Application of Water to Store Renewable Power is a Step-Away! Updated On Tue, May 1st, 2018 by Saurenergy This revolutionary yet cheap technology can store Solar and Wind energy subsequently and then easily can be fed to the grid and later redistributed when the demand is high. Imagining water to store electricity can surely make your drink one more glass right-away as scientist have discovered a battery that is known to operate through […] Read more
Grundfos Eyes on Solar, Smart Pumps to Double India Revenue Updated On Fri, Apr 27th, 2018 by Saurenergy Grundfos is using energy efficient, IT-enabled offerings from its Danish parent’s portfolio. That is apart from the locally-developed solar pumps that are available in Indian market. In a bid to double its revenue to Rs 1,000 Crore, Grundfos India Ltd is expanding its network by betting big on ‘Make in India’ solar pump for rural […] Read more
EU, Japan Criticized India for Safeguard Duty on Solar Cells Updated On Wed, Apr 25th, 2018 by Saurenergy The EU, at the meeting of WTO’s Safeguards Committee, recalled that safeguard measures should only be imposed under exceptional circumstances, particularly if the imports that are causing problems come from predominantly one source. The decision by India to impose safeguard duty on imported solar cells drew flak from Japan and the European Union at World […] Read more
Viz-A-Viz with Philippe Montarnal, Second Counsellor | French Embassy in India Head CEA office in India Updated On Wed, Apr 25th, 2018 by Saurenergy Q. What are the new trends which are shaping the Solar Energy market specifically to Indian scenario? The current Indian Govt. has a strong nudge towards Solar Energy. The Government has proposed many new initiatives to woo the tech corridors? What are your comments to it? India’s renewable energy sector is booming. After his election […] Read more
SBI to Save Rs 30cr Via Investing in Green Energy Updated On Mon, Apr 23rd, 2018 by Saurenergy The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […] Read more
India Invites Azerbaijan to Join International Solar Alliance Updated On Fri, Apr 20th, 2018 by Saurenergy Although Azerbaijan is not located between the two tropics but the country has large amount of sunlight for major part of the year. India has invited Azerbaijan to join International Solar Alliance (ISA) as a partner company, a common platform for cooperation among sun-rich countries lying fully or partially between the Tropics of Cancer and […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more