EV Ride Hailing Platform BluSmart Raises $7 mn in Funding Updated On Tue, Sep 8th, 2020 by Saurenergy Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […] Read more
DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment Updated On Tue, Sep 8th, 2020 by Saurenergy In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […] Read more
Sungrow Supplies to Southeast Asia’s Largest Solar Installation in Vietnam Updated On Tue, Sep 8th, 2020 by Saurenergy Sungrow, a leading global inverter solution supplier for renewables, has announced that the Company has supplied its latest 1500V 6.25 MW medium-voltage turnkey solution to 350 MW solar PV project in Luning County, Pingfu Province of Vietnam. Upon completion, which is expected to be before December 31, 2020, the project will be the largest solar […] Read more
REC Arm ‘REC-PDCL’ Wins SECI Tender for 10 MW Solar Project in Jaipur Updated On Mon, Sep 7th, 2020 by Saurenergy REC Limited has announced that its arm REC-PDCL has emerged as the lowest bidder for a 10 MW solar project in Jaipur under an auction conducted by SECI. State-owned public Infrastructure Finance Company in the power sector REC Limited, formerly Rural Electrification Corporation, has announced that its arm REC Power Distribution Company (REC-PDCL) has emerged […] Read more
Sterling and Wilson Bags Two Solar Projects Worth 300 MW in Australia Updated On Mon, Sep 7th, 2020 by Saurenergy Sterling and Wilson Solar has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects worth 300 MW in Australia. Sterling and Wilson Solar has announced that it has bagged orders worth AUD 300 million or Rs 1600 crore for two large-scale solar power projects in Australia. The firm […] Read more
Overall Electricity Demand Nearly at pre-Covid Levels: ICRA Updated On Thu, Sep 3rd, 2020 by Saurenergy The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […] Read more
RattanIndia Sells Solar Assets Worth 306 MW to GIP for Rs 1670 Crore Updated On Thu, Sep 3rd, 2020 by Saurenergy The RattanIndia Group has sold its solar plants and assets with a combined capacity of 306 MW to GIP for around Rs 1,670 crore. The RattanIndia Group has announced that it has sold its solar plants and assets with a combined capacity of 306 MW to Global Infrastructure Partners (GIP) for around Rs 1,670 crore. The group has […] Read more
Sungrow Signs 900 MW Agreement for 1500V Inverter Solution to Dubai Updated On Thu, Sep 3rd, 2020 by Saurenergy Sungrow has partnered with Shanghai Electric to supply its latest 1500V turnkey inverter solution to the 900 MW 5th phase of the MbRAM Solar Park in Dubai. Sungrow, a leading global inverter solution supplier for renewables, has announced that it has partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to the […] Read more
CMERI Installs World’s Largest Solar Tree at Durgapur Updated On Wed, Sep 2nd, 2020 by Saurenergy CMERI, Durgapur has revealed a massive new solar tree structure at its residential colony, which it claims to be the world’s largest solar tree. The Central Mechanical Engineering Research Institute (CMERI), Durgapur has revealed a massive new solar tree structure at its residential colony, which it claims to be the world’s largest solar tree. The solar tree has been […] Read more