Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms Updated On Thu, May 14th, 2020 by Saurenergy The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […] Read more
EV, Battery Storage to Lead Non-Power Generation Technology Investments by G20 Countries Updated On Wed, May 13th, 2020 by Saurenergy Electric vehicles (EVs) and battery storage lead in the current and planned non-power generation technology in which senior business leaders from G20 countries have invested in or are committed to investing in, as said by an international law firm. The law firm Ashurst in its new research report – Powering Change – Energy in Transition, […] Read more
For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus Updated On Wed, May 13th, 2020 by Saurenergy Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […] Read more
Indu Shekhar Chaturvedi Assumes Charge as Secretary MNRE Updated On Tue, May 12th, 2020 by Saurenergy The Ministry of New & Renewable Energy has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, MNRE from May 11, 2020. The Ministry of New and Renewable Energy (MNRE) has announced that Indu Shekhar Chaturvedi (IAS) has assumed charge as the new Secretary, Ministry of New & Renewable Energy from […] Read more
Bangladesh Module Manufacturers Need Stimulus to Maintain Operations: GlobalData Updated On Tue, May 12th, 2020 by Saurenergy The Solar Module Manufacturers Association Bangladesh have requested for government support after operations took a hit due to the COVID-19 industrial lockdown; Somik Das of GlobalData has commented on the situation. Following the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
Electric Scooter Firm Okinawa Resumes Operations With 1/4th Workforce Updated On Mon, May 11th, 2020 by Saurenergy Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi, and corporate office in Gurugram with 25% workforce. Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi (Rajasthan), and corporate office in Gurugram (Haryana), with 25 percent workforce. The company said it […] Read more
Inox Wind Begins Work on Phase-I of Gujarat Wind Projects Updated On Mon, May 11th, 2020 by Saurenergy Inox Wind has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. Inox Wind has announced that it has started work on the 126 MW phase-I of its 250-megawatt wind power projects in Gujarat following the receipt of certain advances. The first phase of the […] Read more
GoI Extends CEL Divestment Bid Deadline for Second Time up to May 16 Updated On Fri, May 8th, 2020 by Saurenergy For the second time in a row, the Government of India (GoI) has extended the last date for submitting bids for its solar products manufacturing unit Central Electronics Ltd (CEL) by a month. Now, the extended last date and time of expression of interest (EoI) submission is May 16, 2020, at 11:00 hours, from its […] Read more
