Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus Updated On Fri, Feb 4th, 2022 by Saurenergy Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […] Read more
Energy Vault Inks $100 M Deal to Deploy its Energy Storage Tech in China Updated On Wed, Feb 2nd, 2022 by Saurenergy Swiss energy storage firm Energy Vault has announced a License and Royalty agreement for renewable energy storage with Atlas Renewable and their majority investor China Tianying, an international environmental management and waste remediation corporation engaged in smart urban environmental services, resource recycling and recovery, and zero-carbon clean energy technologies. The agreement supports the deployment of […] Read more
Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry Updated On Wed, Feb 2nd, 2022 by Saurenergy The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
Servotech, Smart Power India to Create Solar Ecosystem in Rural India Updated On Mon, Jan 31st, 2022 by Saurenergy Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […] Read more
Power Minister Interaction With Stakeholders On Draft Policy For Energy Storage Systems Updated On Thu, Jan 27th, 2022 by Saurenergy In an important discussion on January 25, the Union Minister of Power and New and Renewable Energy, R.K. Singh interacted with Renewable Energy developers, industry and various government representatives to discuss the elements of the draft Policy on Energy Storage system. The policy aims at the creation of technology-agnostic large storage systems across the value […] Read more
Industry Welcomes Govt Move To Simplify Rooftop Solar Installation Updated On Tue, Jan 25th, 2022 by Saurenergy Last Friday’s (Jan 21) announcement by the Power ministry on rooftop solar guidelines and implementation have been welcomed by industry. While this is by no means unexpected, considering how the new guidelines seek to push more discretion in the hands of the buyer and pushes for faster response from operating and regulating agencies, it remains […] Read more
Junior Solar Design Engineer Updated On Mon, Jan 24th, 2022 by Saurenergy The Junior Solar Design Engineer is responsible for providing innovative and comprehensive solution in design engineering for commercial and utility scale solar projects. Solar Engineer work in collaborative, team-based environment. Incumbent will be responsible for:- Solar Resource assessment for the PV plant location. Energy Yield assessment using Yield simulation software. Study of technical tenders for […] Read more
