IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh Updated On Fri, Jun 26th, 2020 by Saurenergy Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […] Read more
Sterlite Power Buys SPV from PFC to Execute Large ISTS Project Updated On Fri, Jun 26th, 2020 by Saurenergy Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […] Read more
Vestas Bags 48 MW Wind Turbine Order in Vietnam Updated On Fri, Jun 26th, 2020 by Saurenergy Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. This […] Read more
Enphase and Q CELLS Announce AC Module Partnership Updated On Fri, Jun 26th, 2020 by Saurenergy Enphase Energy and Q CELLS have announced a strategic partnership to develop AC Modules (ACMs) based on seventh-generation Enphase IQ microinverters Enphase Energy, a global energy technology company and a leading supplier of solar microinverters, and Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and […] Read more
EESL Tenders for Supply of 250 Electric Vehicles Under ADB Financing Updated On Fri, Jun 26th, 2020 by Saurenergy The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The vehicles will be procured in two categories the first lot […] Read more
Inadequate Policy Support for RE Startups and SMEs in India: WWF India Updated On Fri, Jun 26th, 2020 by Saurenergy There are only a handful of policies that help accelerate the growth of RE startups and SMEs to meet India’s clean energy demands, finds a new report. While India’s move towards clean energy transition has led to the emergence of various startups and Small and Medium Enterprises (SMEs), there are only a handful of policies that help […] Read more
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