Shell Acquires 20% Stake in Bengaluru-Based Orb Energy Updated On Fri, Oct 4th, 2019 by Saurenergy Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […] Read more
Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha Updated On Fri, Oct 4th, 2019 by Saurenergy Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […] Read more
NTPC Awards 769 MW Capacity won in SECI Auction to 4 Developers Updated On Mon, Sep 30th, 2019 by Saurenergy NTPC had won 769 MW capacity in SECI’s 2 GW solar auction, and the power utility has since awarded the EPC contract for the project to 4 developers. The Solar Energy Corporation of India (SECI) had recently auctioned off 922.4 MW capacity from its 2 GW CPSU solar tender. NTPC Ltd. had emerged as the […] Read more
PFS and MDI Gurgaon to Collaborate in RE Sector Updated On Mon, Sep 30th, 2019 by Saurenergy PFS and MDI Gurgaon have signed an agreement to collaborate in developing capacities in the areas of sustainable infrastructure financing. PTC India Financial Services Ltd (PFS) and premiere business school MDI Gurgaon have signed an agreement to collaborate by leveraging their combined strengths in developing capacities in the areas of infrastructure and especially sustainable infrastructure […] Read more
India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal Updated On Fri, Sep 27th, 2019 by Saurenergy India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […] Read more
SECI Successful in Awarding 922 MW in 2 GW CPSU Tender Updated On Thu, Sep 26th, 2019 by Saurenergy SECI has successfully awarded projects worth 922 MW under its tender seeking SPDs for setting up of 2 GW solar power projects (Tranche-1) under CPSU-II The Solar Energy Corporation of India (SECI) has successfully awarded projects worth 922.4 MW under its tender seeking solar power developers for setting up of 2 GW solar power projects […] Read more
Waaree Expands Module Manufacturing Capacity to 2 GW Updated On Tue, Sep 24th, 2019 by Saurenergy With this, it has now upgraded its module production capacity to 5.7 MW per day. With an aim to further expand its wings to achieve higher targets, country’s one of the leading PV module maker and EPC services provider, Waaree Energies has recently expanded its Gujarat based module manufacturing capacity to 2 GW from the […] Read more
India Making Fantastic Efforts in Renewable Energy: UN Chief Updated On Mon, Sep 23rd, 2019 by Saurenergy India is a key to international efforts on climate action and is making a fantastic effort to grow its renewable energy basket, UN Chief Antonio Guterres has said. India is a very important actor and “fundamental partner” in international efforts on climate action and is making a “fantastic effort” to grow its renewable energy basket, UN chief […] Read more
After a Slow 2018, IEA Expects 200 GW of RE Additions in 2019 Updated On Sat, Sep 21st, 2019 by Saurenergy After stalling last year, capacity additions of renewable power are set to bounce back with a 12 percent growth rate in 2019 to reach nearly 200 GW, according to the IEA. After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, to reach nearly 200 […] Read more