Haryana CM Starts off EVs and Exicom Chargers; Assigns them to GMDA Updated On Sat, Aug 4th, 2018 by Saurenergy Gurugram Metropolitan Development Authority (GMDA) has been assigned the governance of the launched EV segment and the Exicom chargers hereby. Haryana CM, Manohar Lal Khattar inaugurated the Electric Vehicles (EV) and Exicom Tele-Systems Limited AC and DC Fast Chargers in order to encourage the use of green energy driven vehicles and convenient charging points in […] Read more
EDF Renewables and PGGM Enter Sale and Purchase Agreements Updated On Sat, Aug 4th, 2018 by Saurenergy EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services. EDF Renewables has signed two sale and purchase agreements which will authorize PGGM Infrastructure Fund to acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar. The transaction for the acquisition […] Read more
ISRO Develops Green Propellant for Rocket Motors Updated On Fri, Aug 3rd, 2018 by Saurenergy The successful implementation of the propellant by ISRO will eliminate the emission of chlorinated exhaust products from rocket motors. Taking another step towards green propulsion system, Indian Space Research Organization (ISRO) has developed an eco-friendly solid propellant based on Glycidyl Azide Polymer (GAP) as fuel and Ammonium Di-Nitramide (ADN) as oxidizer at the laboratory level. […] Read more
Mahindra Asserts Launch of Electric KUV100 in 2019 Updated On Thu, Aug 2nd, 2018 by Saurenergy Electric KUV100 would be first electric SUV to be sold commercially in India which was also showcased in the 2018 Auto Expo. Mahindra and Mahindra (M&M), India’s leading car manufacturing MNC has announced the launch of an all-electric Mahindra KUV100 in 2019. Electric KUV100 would be first electric SUV to be sold commercially in India […] Read more
Tata Power’s Q1 Generation Up 5.5% to 13,113 Mus Updated On Wed, Aug 1st, 2018 by Saurenergy In line with its commitment to generate 30 percent to 40 percent power from non-fossil fuel sources by 2025, Tata Power is progressively increasing its renewable energy installations in India. Country’s one of the leading integrated power company, Tata Power’s generation capacity has increased by 5.5 percent to 13,113 MUs in Q1 FY19 as compared […] Read more
Safeguard Duty: Manufacturers Back Govt Move; Raise Concerns on Clarity Updated On Wed, Aug 1st, 2018 by Saurenergy If SEZ units are not exempted from SGD, it will lead to further job losses and harm the manufacturing ecosystem in India, which is already bleeding: Gyanesh Chaudhary Despite solar manufacturers’ welcomed the government’s move on safeguard duty imposition on solar imports from China and Malaysia, they have raised their concerns as well and want […] Read more
Beach Resort ‘Outrigger’ First on the Island to Harness Sunlight Updated On Mon, Jul 30th, 2018 by Saurenergy The resort is first of its kind on Mariana Island where using solar energy to generate electricity was just a dream prior to the installation. Off the western pacific coast of the U.S., Outrigger Guam Beach Resort has collaborated with O3 Energy of Mariana to install rooftop solar panels to generate some of the required […] Read more
IESA Welcomes GST Rate Cut on Li-Ion Batteries Updated On Thu, Jul 26th, 2018 by Saurenergy The GST Council’s move came after the recognition of the need to enhance the energy storage industry and its related segments. India Energy Storage Alliance (IESA) has welcomed the GST council’s reduction of goods and services tax (GST) for Lithium-Ion Batteries from 28 percent to 18 percent. The GST Council’s move came after the recognition […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
