Vattenfall Takes FID, Begins Construction on 1.5 GW Offshore Wind Farm Updated On Fri, Jun 5th, 2020 by Saurenergy Vattenfall has taken the FID for the Hollandse Kust Zuid 1-4 offshore wind farm and is proceeding with the construction at the 1.5 GW wind farm. Swedish state-owned multinational power company, Vattenfall has announced that it has taken the Final Investment Decision (FID) for the Hollandse Kust Zuid 1-4 offshore wind farm and that it […] Read more
Electric Two-Wheeler Market to Cross 2 Mn Units in India by 2025: CXO Survey Updated On Fri, Jun 5th, 2020 by Saurenergy The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research. The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research & Analytics. As […] Read more
Railways provides a 3 GW Boost for Solar targets Updated On Fri, Jun 5th, 2020 by Saurenergy The Engineering and Consultancy firm RITES Ltd, which executes key projects specifically for the Indian Railways, announced yesterday that its subsidiary Railway Energy Management Company Ltd (REMCL) has secured its largest mandate from Indian Railways for tendering, installation, supervision and managing power supply for three GW solar energy installations. These plant will be set up […] Read more
ZunRoof Launches Rs 660/Month Plan for Solar Rooftop in Delhi Updated On Sat, May 30th, 2020 by Saurenergy Home-tech startup ZunRoof has unveiled its monthly payment scheme of Rs 660 per month for the installation of new residential solar rooftops. With this plan, the firm will hope to overcome its cost disadvantage with an easy financing option. Under the scheme, rooftop solar installers can save on their electricity bills from day one by […] Read more
Electric Two Wheeler Sales To Grow at 87 Percent to 3.4 Million In 2025 in India Updated On Fri, May 29th, 2020 by Saurenergy JMK Research and Analytics has predicted a CAGR of 87 percent for the electric two wheeler market in India to 2025. Surprisingly, for once such aggressive growth numbers seem to have every chance of succeeding The electric mobility revolution in India will arrive on two wheels. That seems to be the basic message of a […] Read more
R.K. Singh: The 5 Point Checklist for 2020 Updated On Wed, May 27th, 2020 by Saurenergy Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […] Read more
EV Startup ‘Ather Energy’ Inks Pact with Scooter Sharing Platform ‘Bounce’ Updated On Tue, May 26th, 2020 by Saurenergy Bengaluru-based e-mobility startup Ather Energy has entered into a partnership with dockless mobility solution provider Bounce for a scooter selling and sharing initiative ‘Peer to Peer’ (P2P) with the pilot programme taking off from Bengaluru. As per the deal, Hero MotoCorp-backed company will sell its ‘Ather 450’ e-scooter through Bounce’s website and customers can book this scooter […] Read more
Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra Updated On Tue, May 26th, 2020 by Saurenergy The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […] Read more
MNRE Releases Draft Guidelines for Off-Grid Solar Plants; Seeks Stakeholders Comments Updated On Tue, May 19th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released the draft guidelines for implementation of off-grid solar power packs under RESCO mode and model PPA. Also, the notice calls upon industry stakeholders to provide their suggestions and comments on the draft guidelines and draft PPA latest by May 25, 2020. This is in line […] Read more
