UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles Updated On Thu, Jan 30th, 2020 by Saurenergy UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […] Read more
In India, Solar to Edge Ahead of Wind in 2020 Updated On Thu, Jan 30th, 2020 by Saurenergy Wind Energy, which had enjoyed a strong headstart in India, has been falling away, even as Solar catches up. 2020 will probably see total solar capacity overtake wind energy capacity in the country for the first time, ever. Wind Energy, which along with Solar Energy is expected to play a significant role for India to […] Read more
Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order Updated On Thu, Jan 30th, 2020 by Saurenergy In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […] Read more
Limited CERC Relief For Avaada, Canadian Solar in GST Dispute with SECI Updated On Wed, Jan 29th, 2020 by Saurenergy In a detailed order with far reaching implications for multiple cases related to the same issue, the Central Electricity Regulatory Comission (CERC) has provided limited relief to Avaada Power Private Limited and Canadian Solar Holdings on their GST related claims. The pricipal issue for both firms was that the enactment of the GST law was […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Sterlite Power Elevates Arun Sharma as Infra Biz COO Updated On Wed, Jan 29th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […] Read more
HPERC Sets Levelised Tariff for Solar Projects for Last 6 Months of FY19-20 Updated On Tue, Jan 28th, 2020 by Saurenergy HPERC has set the generic levelised tariff for solar PV projects for the last six months of the financial year FY 2019-20 between Rs 3.93 and 4.06/kWh The Himachal Pradesh Electricity Regulatory Commission (HPERC) has in its latest order set the generic levelised tariff for solar PV projects for the last six months of the […] Read more
UDAY Not Failure; New Version Likely in Budget: Power Minister Updated On Tue, Jan 28th, 2020 by Saurenergy Ahead of the upcoming Union Budget on Saturday, Power Minister R K Singh said that the UDAY (Ujwal DISCOM Assurance Yojana) scheme was not a failure, however, an improved version of the programme, meant for revival for Discoms and to ensure 24X7 power, maybe announced in Budget. During an event, the Minister said quoted PTI […] Read more
Solar Plants Soon to be Installed in Haryana Colleges Updated On Mon, Jan 27th, 2020 by Saurenergy Installation of solar panels at educational institutions in Haryana will be started soon, deputy CM Dushyant Chautala has informed Installation of solar panels at educational institutions in Haryana will be started soon, said deputy CM Dushyant Chautala while inaugurating a 30 kW solar plant, six new rooms of PG block and new Vigyan Bhawan at […] Read more
