NLC India, CIL Form JV to Co-Develop 5 GW Solar & Thermal Assets Updated On Sat, Jul 4th, 2020 by Saurenergy NLC India has signed a pact with state-owned CIL to form a JV to develop 5,000 megawatts (5 GW) of solar and thermal power assets across the country. Navratna mining and thermal power genco NLC India has announced that it has signed a pact with state-owned Coal India Limited (CIL) to form a joint venture (JV) to develop 5,000 megawatts (5 […] Read more
Vestas Secures Multiple Orders in Australia, France, Italy and Netherlands Updated On Fri, Jul 3rd, 2020 by Saurenergy Vestas has signed multiple agreements for projects in Australia, France, Italy, and the Netherlands with a combined capacity of 369 MW. Global wind energy major Vestas has announced the signing of multiple agreements for the supply of wind energy turbines for projects in Australia, France, Italy, and the Netherlands with a combined capacity of 369 […] Read more
India to add Only 60 GW RE Capacity by 2025: BTI Survey Updated On Fri, Jul 3rd, 2020 by Saurenergy India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by BTI. India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by […] Read more
Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis Updated On Fri, Jul 3rd, 2020 by Saurenergy Mercedes-Benz has formed a strategic partnership with the Chinese battery cell manufacturer Farasis and is also taking an equity stake in the company. Mercedes-Benz has announced it is taking another important step on its journey towards CO2-neutral mobility. The Stuttgart-based luxury car manufacturer has launched a far-reaching strategic partnership with the Chinese battery cell manufacturer […] Read more
FICCI Makes the Case for Extending FAME-II by 2 Years Updated On Fri, Jul 3rd, 2020 by Saurenergy FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […] Read more
Vikram Solar Commissions Rooftop Solar System on Tallest Building in Kolkata Updated On Fri, Jul 3rd, 2020 by Saurenergy Vikram Solar has commissioned a rooftop solar plant on top of the tallest skyscraper in Kolkata – ‘The 42’ residential building. Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solutions & rooftop solar provider, has announced that it has commissioned a rooftop solar project on top of the tallest skyscraper in Kolkata […] Read more
Future of Residential Solar: Post Covid Period Updated On Thu, Jul 2nd, 2020 by Saurenergy Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […] Read more
TPG Forms RE Firm With Acquisition of 1 GW Portfolio From Trina Solar Updated On Wed, Jul 1st, 2020 by Saurenergy The Rise Fund, managed by alternative asset firm TPG, has announced the acquisition of approximately 1 GW of solar PV projects from Trina Solar. The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has announced the acquisition of approximately 1 gigawatt (GW) of solar PV projects from Changzhou, China-based Trina […] Read more
Understanding The Record Rs 2.36 Bid at SECI’s 2 GW auction. Just Covid 19? Updated On Wed, Jul 1st, 2020 by Saurenergy Shortly after we received news of the record low prices or SECI’s 2 GW ISTS tender, we checked with our sources at SECI on the reasons for the low bid. The short answer? ” We are equally surprised”. Solarpack corporacion of Spain was the surprise winner, with its bid at Rs 2.36 for 300 MW. […] Read more