U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Sungrow Supplies Turnkey Soln for 35 MW Malaysian Project Updated On Sat, Dec 29th, 2018 by Saurenergy The project is known for the country’s first utility-scale PV plant which is equipped with smart monitoring system and set to address issues of energy shortage, efficiency and sustainability of Malaysia. One of the global leading inverter supplier for renewable, Sungrow has recently supplied a 35 MW solar project with it’s turnkey solution including Power […] Read more
d.light Raises $41 million from Consortium Updated On Tue, Dec 18th, 2018 by Saurenergy The equity financing was raised by d.light from a Consortium led by Inspired Evolution, an Africa-focused investment advisory firm. d.light, a distributed solar provider has announced that it has secured a funding of $41 million to finance its solar and appliances business. The equity financing was raised from a Consortium led by Inspired Evolution, an […] Read more
Viz-A-Viz with Sushil Bansal, Founder & Managing Director, Novasys Greenergy Pvt Ltd Updated On Sat, Sep 29th, 2018 by Saurenergy Q. As initially, Novasys Greenergy was established for coal trading purpose. How the idea of diversifying into solar space came into existence? Our coal trading activity over past quarter of a century has been conducted under the aegis of Sangita group, which is operational in coal. Being engaged in Energy business as above, we realized […] Read more
Safeguarding & Uplifting Indian Sun – Industry Perspective Updated On Wed, Sep 26th, 2018 by Saurenergy As Indian Government has laid the ground work for safeguarding the ‘domestic solar photovoltaic module manufacturing industry’ – which seems to be in the back burner for some time. Despite of certain concerns such as safeguarding the interests of manufacturers in SEZs, everybody is waiting, by holding their breath, for the upcoming decision of the […] Read more
With High Debts of Rs 370 Cr, Su-Kam to Face Auctions Updated On Sat, Aug 4th, 2018 by Saurenergy In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […] Read more
Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten Updated On Sat, Jun 23rd, 2018 by Saurenergy Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […] Read more
Viz-A-Viz with Philippe Montarnal, Second Counsellor | French Embassy in India Head CEA office in India Updated On Wed, Apr 25th, 2018 by Saurenergy Q. What are the new trends which are shaping the Solar Energy market specifically to Indian scenario? The current Indian Govt. has a strong nudge towards Solar Energy. The Government has proposed many new initiatives to woo the tech corridors? What are your comments to it? India’s renewable energy sector is booming. After his election […] Read more
