Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
SAR Group Re-Enters Inverter, Solar Segment Updated On Thu, Oct 25th, 2018 by Saurenergy Besides, the company, which is currently present in the automotive battery and E-rickshaw batteries segment, is also aiming to have net sales of Rs 2,000 crore this fiscal. SAR Group, promoter of Livpure brand, is re-entering into the inverter and inverter batteries segment after 7 years and aims to corner around 15% market share in […] Read more
With High Debts of Rs 370 Cr, Su-Kam to Face Auctions Updated On Sat, Aug 4th, 2018 by Saurenergy In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […] Read more
Frost & Sullivan and TERI Deliberate Global Sustainability Requirements and Inclusive Development across Industries at the India Sustainability Leadership Summit 2018 Updated On Tue, Jun 5th, 2018 by Saurenergy The Summit was followed by the “Sustainability 4.0 Awards”, which recognized 18 winners showcasing transformational growth focusing on environment, sustainability and safety excellence Frost & Sullivan and The Energy and Resources Institute (TERI) co-hosted the “India Sustainability Leadership Summit 2018” and the 9th edition of “Sustainability 4.0 Awards 2018” on June 01, 2018 in Mumbai. […] Read more
India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
Discover Battery Appoints David Norman as New Director – Product & Business Development (AES) Updated On Thu, Oct 5th, 2017 by Saurenergy David comes to Discover with a wealth of experience within the solar industry, having spent the last 17 years at Schneider Electric and Xantrex Technology in global roles leading Product Management and Commercial organizations Discover Battery has announced that David Norman has joined the team to further develop the company’s growing solar storage business, […] Read more
Luminous Aims at 35 Percent Business from Solar Power in Next 5 Years Updated On Wed, Jul 12th, 2017 by Saurenergy Luminous Power Technologies will be entering the business of solar power-based solutions for residential homes in next six months and is in talks with several lending companies to provide financing options of its solar-based solutions to customers. Luminous Power Technologies is expecting solar power business to contribute up to 35 per cent to its overall […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
Hope for Micro Grids Updated On Tue, Apr 18th, 2017 by Saurenergy While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […] Read more
