Magenta Launches EV Charging Solution for Residential Complexes Updated On Thu, Apr 1st, 2021 by Saurenergy A business unit of Magenta, which was set up solely to focus on the EV eco-system largely charging solutions Magenta ChargeGrid has come up with what it claims is a solution for large residential complexes under their product range – ‘ChargeGrid Prisma’. ChargeGrid Prisma is developed especially for solving the complex and multiple problems for […] Read more
Xiaomi to Enter EV Industry, to Invest $10 Billion Over 10 Years Updated On Thu, Apr 1st, 2021 by Saurenergy Xiaomi Corporation has officially announced its plan to enter into the electric vehicle (EV) industry. The company has announced an investment of USD 10 billion in smart EVs over 10 years, escorting in the new Xiaomi. According to the Founder, Chairman, and CEO of Xiaomi, Lei Jun, the new business will be operated under a […] Read more
DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules Updated On Thu, Apr 1st, 2021 by Saurenergy DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […] Read more
No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA Updated On Wed, Mar 31st, 2021 by Saurenergy India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […] Read more
KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore Updated On Wed, Mar 31st, 2021 by Saurenergy KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […] Read more
Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand Updated On Tue, Mar 30th, 2021 by Saurenergy The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […] Read more
Ørsted Commences Construction of its Largest Onshore Project Updated On Tue, Mar 30th, 2021 by Saurenergy Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […] Read more
Ministry of Power : Discoms Can Continue Or Leave PPA After Term Completion Updated On Thu, Mar 25th, 2021 by Saurenergy The Ministry of Power has issued a letter enabling the Discoms to either continue or exit from the PPA (Power Purchase agreement) after completion of the term of the PPA i.e. beyond 25 years or a period specified in the PPA and allow flexibility to the Generators to sell power in any mode after State/Discom […] Read more
JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India Updated On Thu, Mar 25th, 2021 by Saurenergy Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […] Read more
