Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
Budget 2023 Offers No Surprises, Focus On Continuity Updated On Wed, Feb 1st, 2023 by Saurenergy Read more
Budget 2023 Offers No Surprises, Focus On Continuity Updated On Wed, Feb 1st, 2023 by Saurenergy With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia’s Port Augusta Updated On Mon, Jan 30th, 2023 by Saurenergy Australian cleantech company Vast Solar has revealed that the company along with the Solar Methanol Consortium have been selected to receive A$ 19.48 million and EUR 13.2 million from a collaboration between the Australian and German Governments for the development of a green methanol demonstration plant, SM1 in Port Augusta, South Australia. Vast Solar claims […] Read more
JV Forged Between Delhi’s Omega Seiki Mobility & USA’s Li-Ion Cell Manufacturer iM3NY Updated On Mon, Jan 30th, 2023 by Saurenergy Omega Seiki Mobility (OSM), a part of the Anglian Omega Group has announced a joint venture with iM3NY, a prominent battery technology player in the US. The JV will pave the way to bring battery cell technology in the Indian market- a first such from the subcontinent, the firms claim. OSM had previously signed a […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand Updated On Fri, Jan 27th, 2023 by Saurenergy Delhi-based Luminous Power Technologies has announced its new state-of-the-art solar panel manufacturing plant in the northern state of Uttarakhand. Located in the industrial region of Rudrapur, the state-of-the-art facility is equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. The new manufacturing […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Fri, Jan 27th, 2023 by Saurenergy Read more
