There’s a dire need of stability in policies, commitment and political will: Sushil Bansal Updated On Fri, Jul 31st, 2020 by Saurenergy With the date for imposition of a fresh Basic Customs Duty on cell and module import drawing nearer, manufacturers in India are look to the future with guarded optimism. We spoke to Sushil Bansal, the Founder and Managing Director at Novasys Greenergy, an established firm with a 100MW capacity. Sushil has been responsible for the […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA Updated On Fri, Jul 24th, 2020 by Saurenergy While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […] Read more
Vestas Secures Turbine Orders Worth 191 MW in Vietnam and Japan Updated On Thu, Jul 23rd, 2020 by Saurenergy Vestas has announced that it has secured three turbine orders worth a combined 191 MW capacity for three projects in Vietnam and Japan. The leading wind turbine manufacturer and supplier in the world – Vestas has announced that it has won three orders worth a combined 191 MW for projects in Vietnam and Japan. The […] Read more
LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020 Updated On Mon, Jul 20th, 2020 by Saurenergy 2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […] Read more
Freyr Energy Seeks A Growth Surge With App Launch Updated On Thu, Jul 16th, 2020 by Saurenergy Hyderabad based Freyr Energy, which is focused in the rooftop solar sector with a strong presence in the commercial and residential rooftop segments, has set its sights on a larger national presence. To achieve this, the firm has launched a mobile app- SunPro+ exclusively for solar users, that it claims will help potential customers through […] Read more
12 States and Union Territories Against Electricity Amendment Bill: AIPEF Updated On Fri, Jul 10th, 2020 by Saurenergy AIPEF has claimed that as many as 11 states and 1 union territory have opposed many provisions in the proposed draft of the Electricity Amendment Bill 2020. The All India Power Engineers Federation (AIPEF) has claimed that as many as 11 states and one union territory have opposed many provisions in the proposed draft of […] Read more
CleanMax Receives Financing From GCPF for Southeast Asia Expansion Updated On Wed, Jul 8th, 2020 by Saurenergy GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […] Read more
