Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
MNRE Issues Notification for Quality Control Order on SPV Goods Updated On Mon, Jan 21st, 2019 by Saurenergy Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […] Read more
DERC Approves 100 MW Wind Power Agreements Updated On Mon, Jan 21st, 2019 by Saurenergy The tariff of the PSA will be Rs 3.53/kWh, which will comprise of the Rs 3.46/kWh tariff quoted by developer and PTC’s trading margin of Rs 0.07/kWh. The Delhi Electricity Regulatory Commission (DERC) has issued a notification with the approval of two power sale agreements between BSES Rajdhani Power Ltd (BRPL) and PTC India Ltd […] Read more
EBRD Devoted 36% to Green Financing in 2018 Updated On Sat, Jan 19th, 2019 by Saurenergy It is well on the way to meeting a target of dedicating 40 per cent share of investments to the green economy by 2020. The European Bank for Reconstruction and Development (EBRD) has devoted 36 per cent of its total investments to the green economy in 2018. The bank said in a statement that, it […] Read more
BHEL, Libcoin to Build India’s 1st Lithium Ion Battery Plant Updated On Sat, Jan 19th, 2019 by Saurenergy The government is further expecting that, this project will bring energy independence by replacing oil imports with abundant renewable. Public sector electric equipment maker Bharat Heavy Electricals Ltd (BHEL) and Libcoin are in talks to form a consortium to initially build 1GWh lithium ion battery plant in India, says government. The Ministry of Heavy Industries […] Read more
Foundation Stone for Sitamarhi Sub-Station Laid Updated On Fri, Jan 18th, 2019 by Saurenergy The Sub-station will supply power to Sitamarhi, Darbhanga, Madhubani, East Champaran, West Champaran and Sheohar districts of Bihar. The foundation stone for 400/220/132 kV Sitamarhi Sub-station at Parmanandpur village, Distt. Sitamarhi was laid. The programme was presided over by R. K. Singh, Minister of Power, New and Renewable Energy and Nitish Kumar, Chief Minister of […] Read more
Growatt Expands its Presence in Europe Updated On Fri, Jan 18th, 2019 by Saurenergy The inverter firm has developed a strong and close relationship with local partners and this move will further strengthen the partnership and provide faster and better support for the clients. Growatt, a global leader in inverter technology based out of China, has established a new office in Rotterdam Netherlands to strengthen its position in the […] Read more
SMEV Demands Rs 20,000 Cr for Promoting EVs in India Updated On Thu, Jan 17th, 2019 by Saurenergy SMEV expects the government to target at least one million EVs in top-10 most-polluted cities across India. Electric vehicle makers’ body Society of Manufacturers of Electric Vehicles (SMEV) has asked for an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a “notional green cess” […] Read more
