MNRE Forms PDC; Invites Stakeholders for Investment in India’s RE Sector Updated On Thu, Jun 25th, 2020 by Saurenergy With an aim to attract investment for the renewable energy (RE) sector in India, the Ministry of New and Renewable Energy (MNRE) has now formed the much-awaited Project Development Cell (PDC) in its Ministry. The move is in line with the Central Government’s earlier directive to set up an ‘Empowered group of Secretaries (EGoS) and […] Read more
AutoGrid’s Flex Platform Helps Sunrun to manage its Residential Batteries’ Fleet Updated On Thu, Jun 25th, 2020 by Saurenergy AutoGrid, a leading flexibility management software provider, has entered into a partnership with Sunrun to provide AutoGrid Flex™ Virtual Power Plant (VPP) software to help manage the latter’s growing fleet of residential batteries across the United States. Sunrun, founded in 2007, is one of the leading home solar, battery storage, and energy services company. Further, […] Read more
PFC Sanctions over Rs 1 Lakh Cr; Disburses Rs 68k Cr as Loan in FY20 Updated On Thu, Jun 25th, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has sanctioned loan amount of more than Rs 1 lakh crore during the financial year 2019-20. Further, it had disbursed about Rs 68,000 crore as loan, during FY20, including Rs 11,000 crore disbursed during the last week of March 2020, despite nationwide lockdown, said the non-banking financial […] Read more
World’s 1st Wireless Charging EV Taxi Fleet to Come up in Oslo Updated On Thu, Jun 25th, 2020 by Saurenergy Momentum Dynamics will provide its wireless charging system to Jaguar vehicles to support the City of Oslo with the world’s first wireless EV taxi fleet. Momentum Dynamics has announced that it will provide its wireless charging system to Jaguar Land Rover vehicles to support the City of Oslo with the world’s first high-powered wireless EV […] Read more
Govt Proposes Tariff, Non-Tariff Barriers to Restrict Imports in Power Sector Updated On Thu, Jun 25th, 2020 by Saurenergy The government is proposing tariff and non-tariff barriers to restrict imports in the power sector, to reduce large scale presence of overseas equipment The government is proposing various tariff and non-tariff barriers to restrict imports in the sensitive and strategically important power sector where there is a large scale presence of overseas equipment, particularly from […] Read more
Volvo Partners With Plugsurfing to Offer EV Charging Services Across Europe Updated On Thu, Jun 25th, 2020 by Saurenergy Volvo Cars has joined hands with Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. Volvo Cars has joined hands with charging firm Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. With this partnership, drivers of fully electric Volvo Recharge models in Europe […] Read more
Amazon’s Carbon Footprint grows 15% With Active Green Pledges Updated On Thu, Jun 25th, 2020 by Saurenergy Amazon has announced that its carbon footprint rose 15 percent even as it launched several initiatives to reduce its harm on the environment. Global e-commerce major Amazon has announced that its carbon footprint rose 15 percent even as the firm launched several initiatives to reduce its harm on the environment. The firm revealed that it […] Read more
CERC’s Order Lowering REC Forbearance, Floor Price Removal Positive for Obligated Entities Updated On Wed, Jun 24th, 2020 by Saurenergy With the significant reduction in wind and solar power tariffs during the last three years, the power sector regulator Central Electricity Regulatory Commission (CERC) has recently reduced the forbearance prices and also removed the floor price for the Renewable Energy Certificates (RECs). This move is expected to negatively impact the REC projects, even as it […] Read more
Vestas Wind 249 MW Wind Turbine Order in the US Updated On Wed, Jun 24th, 2020 by Saurenergy Vestas has received an order for 249 MW of V136-4.2 MW turbines and V136-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode for a project in the US. Vestas has received an order for 249 MW of V136-4.2 MW turbines and V136-3.45 MW turbines delivered in 3.6 MW Power Optimised Mode for a project […] Read more
