The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
Energy Storage to Accelerate Global Energy Transition: WoodMac Updated On Tue, Feb 25th, 2020 by Saurenergy The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
Coronavirus Halts Progress for Aurangabad Firms’ Dependent on Chinese Imports Updated On Wed, Feb 19th, 2020 by Saurenergy The coronavirus outbreak has hit Aurangabad, a prominent manufacturing hub, with companies finding difficult to procure substitutes for Chinese parts The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without […] Read more
Sungrow- Breaking Stereotypes Updated On Wed, Feb 19th, 2020 by Saurenergy Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more
BMTC Tenders for 90 Electric Buses for Bangalore Metro Feeder Service Updated On Tue, Feb 18th, 2020 by Saurenergy BMTC has issued a tender for 90 feeder service electric buses to the Bangalore Metro on GCC model. The Bangalore Metropolitan Transport Corporation (BMTC) has issued a tender, inviting bids from qualified bidders for 90 feeder service electric buses to the Namma Metro on Gross Cost Contract (GCC) model. The scope of work for the […] Read more
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
