NSEFI Writes To Fin Min For GST Concessions On Green Technologies Updated On Mon, May 2nd, 2022 by Saurenergy Leading solar body NSEFI (National Solar Energy Federation of India) has pitched to Finance Minister Nirmala Sitharaman, asking for concessional GST and custom duties on emerging technologies and goods essential to encouraging the green transition. “As emerging technologies require time and scale to reach price parity with existing carbon-based energy systems, concessional GST & Custom […] Read more
5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Maharashtra Postpones EV Policy Due to Inadequate Charging Ecosystem Updated On Mon, Apr 18th, 2022 by Saurenergy An underdeveloped ecosystem is certain to prove to be an impediment in faster adoption of electric vehicles. In the present case, a resolution has been issued by the Environment Department of the Maharashtra Government aimed at implementing state’s Electric Vehicle Policy from April 2023 instead of April this year. The postponement of the EV Policy […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
Enphase Energy Expands Manufacturing Capacity with Flex in Romania Updated On Tue, Apr 5th, 2022 by Saurenergy California-headquartered Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems, has announced the expansion of its nearly 15-year relationship with global diversified manufacturer Flex®. Starting in the first quarter of 2023, Flex’s factory in Timisoara, Romania, will begin manufacturing Enphase® microinverters for the European market, addressing the region’s rapid growth […] Read more
Statiq Collaborates with HPCL to Add 200+ EV Chargers in UP-Bihar-Uttarakhand Updated On Wed, Mar 30th, 2022 by Saurenergy Electric vehicle (EV) charging network Statiq has collaborated with state-owned refining and marketing company Hindustan Petroleum Corporation Ltd (HPCL) to increase the number of Statiq chargers open to the public to more than 200 in the states of Uttar Pradesh, Bihar and Uttarakhand. Statiq says that 10,000 such chargers will be established by the end […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
