Ratan Tata to Invest in Pune-Based EV Startup Tork Motors Updated On Tue, Oct 15th, 2019 by Saurenergy Ratan Tata will invest an undisclosed amount in Pune-based EV startup Tork Motors Ratan Tata, chairman emeritus Tata Sons and an active angel investor has decided to invest an undisclosed amount in Pune-based electric motorcycle startup Tork Motors, the startup announced through its channels recently. ev The firm has been readying for the launch of […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
EESL, BSNL to Install 100 Public EV Charging Stations in Punjab Updated On Fri, Oct 11th, 2019 by Saurenergy EESL has signed an MoU with BSNL (Punjab Telecom Circle) to install 100 public EV charging stations to boost e-mobility in Punjab. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with BSNL (Punjab Telecom […] Read more
SECI Extends Bid Deadline for 6 GW Manufacturing Linked Tender Updated On Thu, Oct 10th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up 6 GW solar projects linked with 2 GW solar manufacturing plant anywhere in India The Solar Energy Corporation of India (SECI) has announced the extension in the bid submission deadline for its tender for selection of solar power developers for setting up […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030 Updated On Wed, Oct 9th, 2019 by Saurenergy The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […] Read more
High Financing Cost Biggest Part of Renewable tariffs-CEEW Updated On Wed, Oct 9th, 2019 by Saurenergy New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW, a respected organisation in the space, serves to […] Read more
Hanergy Commences HanTile Production Line in China; World’s First Updated On Mon, Oct 7th, 2019 by Saurenergy Moreover, the company claimed that it’s eyeing HanTile market scale of trillions. Hanergy Mobile Energy Holding Group, a leader in clean energy technology, has recently commenced the operation of the world’s first automated HanTile production line in China. This automatic production line has been setup at Guiyang Mobile Energy Industrial Park in southwest China’s Guizhou Province. […] Read more