News Flash. No Disruptions in Renewables Ministry, as R.K. Singh Retains Portfolio Updated On Fri, May 31st, 2019 by Saurenergy With the final list of ministers and their allocations finally out, the Indian renewable energy industry would have heaved a sigh of relief to see that no major faces are being changed. Shri R.K. Singh, who was handling the MNRE Ministry and Power Ministry earlier too, comes back as the Minister of State (Independent Charge) […] Read more
Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr Updated On Fri, May 31st, 2019 by Saurenergy Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […] Read more
Jakson Launches Lithium Powered Hybrid Energy Storage System Updated On Thu, May 30th, 2019 by Saurenergy Jakson today announced the launch of a compact Hybrid Energy Storage System (HESS) for residential and commercial users to harness the benefits of solar energy more effectively and efficiently. The launch event was held in Chandigarh and attended by senior industry professionals and members of Jakson Senior Leadership team. Jakson HESS is a new age […] Read more
Ather Energy Raises $51 Million in Latest Round of Funding Updated On Thu, May 30th, 2019 by Saurenergy Bengaluru-based e-mobility startup, Ather Energy recently announced that it has raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal’s investment of $32 Mn. Ather Energy was one of the earliest start-up funding of Sachin Bansal when he invested $0.5 Mn in the firm as an Angel investor in […] Read more
Vestas Launches New Turbine Targeting Cheaper US Wind Farms Updated On Wed, May 22nd, 2019 by Saurenergy Danish wind energy major, Vestas has launched a new wind turbine with aims to meet the market constraints and reduced LCoE demands of the US wind power sector. Following the launch of the EnVentus platform in January, including the V162-5.6 MW and V150-5.6 MW turbines, the company introduced the V138-3.0 MW turbine. Based on the […] Read more
Only Two Bidders For SECI’s 1200 MW Hybrid Tender Updated On Tue, May 21st, 2019 by Saurenergy Adani Green Energy won the tender with the L1 bid of Rs 2.69/kWh for developing 600 MW capacity. The Solar Energy Corporation of India’s (SECI) latest tranche of 1200 MW wind-solar hybrid tender was left undersubscribed by 300 MW after only two bidders submitted bids for the project. Adani Green Energy and ReNew Power were […] Read more
Growatt Unveils its PV Solns in Europe; Eyes Substantial Sales Growth Updated On Mon, May 20th, 2019 by Saurenergy Buoyed by the significant growth of solar in the European markets, the company has been engaged in surging investments in the region; appointing more workforce and establishing a branch office in Rotterdam recently. With an aim to grow sales substantially in coming years, China-based PV-solar inverters maker Growatt has displayed its next-generation photovoltaic (PV) solutions […] Read more
Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue Updated On Mon, May 20th, 2019 by Saurenergy If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] Read more
