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
REIL Tenders for Installation and O&M of Rooftop Solar Plants in Bihar Updated On Wed, Jul 29th, 2020 by Saurenergy REIL has once again issued a tender for the commissioning and maintenance of residential rooftop solar systems across various locations in Bihar. Rajasthan Electronics & Instruments Limited (REIL) has once again issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar PV power systems across various locations in Bihar. The […] Read more
PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
Haryana Tenders for Installation of Rooftop Solar With Net Metering Updated On Tue, Jul 28th, 2020 by Saurenergy Haryana has tendered for the installation of grid-tied rooftop solar plants (with/without battery banks) with net metering facility in the state. The state government of Haryana has issued a tender for the installation of grid-tied rooftop solar plants (with/without battery banks) with net metering facilities in the state. The projects will be offered on an annual rate […] Read more
EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore Updated On Mon, Jul 27th, 2020 by Saurenergy Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […] Read more
EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus Updated On Fri, Jul 24th, 2020 by Saurenergy In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […] Read more
Hexagon Peak and Inpos to Build Largest Rooftop Solar System in Vietnam Updated On Thu, Jul 23rd, 2020 by Saurenergy Hexagon Peak has entered into a PPA with NWIT for the largest rooftop solar system in Vietnam with a nominal power output of 6 MWp to be built by Inpos. Hexagon Peak, the project development arm of Hexagon Holdings Singapore, has announced that the company has entered into a long term Power Purchase Agreement (PPA) […] Read more
MNRE Slashes Benchmark Costs for Rooftop Solar Installations Updated On Thu, Jul 23rd, 2020 by Saurenergy MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […] 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
