Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn Updated On Mon, Oct 21st, 2019 by Saurenergy Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […] Read more
RK Singh Confident That India Will Achieve 175 GW RE Target Updated On Wed, Oct 16th, 2019 by Saurenergy Union Minister RK Singh has said that he is confident that India will achieve its 175 GW generational capacity from renewable energy sources by 2022. Speaking at the India Energy Forum in Delhi, the Minister of Power and New and Renewable Energy, RK Singh said that “the target of having 175 GW of renewable energy […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
KUSUM Scheme Greatest Setback for Small Manufacturers: Vikas Jain Updated On Wed, Oct 9th, 2019 by Saurenergy KUSUM scheme will be the greatest setback for Indian solar manufacturers in the SME/MSME category. Small manufacturers are not eligible to meet the qualifying turnover condition for the scheme. KUSUM scheme was long awaited but we are highly disappointed to see the terms. We have already submitted our representation to the concerned authorities, says Vikas […] Read more
MNRE Nudges CPSEs to Give Priority to Renewable Energy Investments Updated On Wed, Oct 9th, 2019 by Saurenergy CPSEs have been asked by MNRE to prioritise renewable energy projects in their investment plans, as part of larger efforts to reduce carbon emission. All central public sector enterprises (CPSEs) have been asked by the Ministry of New and Renewable Energy (MNRE) to prioritise renewable energy projects in their investment plans, as part of larger efforts […] Read more
In the Race for Developing the Best EV Batteries, China Will Reign Supreme Updated On Tue, Oct 1st, 2019 by Saurenergy In the race to develop the most efficient and capable EV batteries first amongst corporates, the one confirmed winner in the segment will be China. As the governments around the world go bullish on electric vehicles (EV), automobile original equipment manufacturers (OEMs) are in a competition to develop long-lasting, durable battery technology to get hegemony […] Read more
Will be Happy to Collaborate with Indian Firms for EV Chargers: Rucas Wang Updated On Tue, Oct 1st, 2019 by Saurenergy Growatt has developed a variety of EV chargers. We have been actively expanding our business across the globe and our EV chargers are getting popular in Europe. I would be happy to discuss collaboration with Indian clients that are interested in developing business in this sector. Over the past years, we have been increasing investments […] Read more
India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal Updated On Fri, Sep 27th, 2019 by Saurenergy India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […] Read more
