Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally Updated On Tue, Sep 29th, 2020 by Saurenergy Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […] Read more
SECI Seeks RE Based Solutions for Energy Needs in Remote Himalayan Areas Updated On Mon, Sep 28th, 2020 by Saurenergy SECI has invited EOI for exploration of RE solutions which can be deployed in hostile climatic conditions for meeting energy needs in remote Himalayan areas The Solar Energy Corporation of India (SECI), has invited Expression of Interest (EOI) from IPP, OEM, Technology Provider, Technology Licenser for exploration/availability of systems/solutions based on Renewable Energy (RE) Sources […] Read more
Old King Coal is Dead – Long Live The King Updated On Sat, Sep 26th, 2020 by Saurenergy Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […] Read more
India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects Updated On Sat, Sep 26th, 2020 by Saurenergy India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […] Read more
Do Tesla’s Battery Day Announcements Signal Massive Acceleration for EV’s? Updated On Fri, Sep 25th, 2020 by Saurenergy On September 23, as Founder and CEO Elon Musk made a slew of announcements regarding the future prices of its models, fresh new battery technology, and even new manufacturing breakthroughs, he signaled a massive change for the EV category, yet again. Should he be taken at face value, or is this yet another way to […] Read more
“Govt. should do away with all financial subsidies for the solar biz”, Rahul Gupta, Rays Experts Updated On Fri, Sep 25th, 2020 by Saurenergy Rays Experts, an early entrant to the solar sector in 2011, has been a quite and dependable performer. Focused mainly on EPC and rooftop work till recently, the firm just inaugurated the first 10 MW of its solar park in Haryana, a first for the state too. We spoke to Rahul Gupta, MD &CEO, who […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Enel X Awarded Grants for Future Electrification of Bus Fleets Updated On Tue, Sep 22nd, 2020 by Saurenergy Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […] Read more
How World Record Low Solar Prices Moved Out of India Updated On Sat, Sep 19th, 2020 by Saurenergy Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […] Read more