Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more
TN, AP and Telangana Account for 71% Discom Dues to RE Generators Updated On Thu, Sep 17th, 2020 by Saurenergy Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector. Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […] Read more
Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs Updated On Thu, Sep 17th, 2020 by Saurenergy Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […] Read more
Ministry of Power to set up Rs 2000 Cr JV to Ease Smart Meter Rollouts Updated On Wed, Sep 16th, 2020 by Saurenergy Ministry of Power has begun the process to set up a Rs 2,000 crore JV for providing a CBIF to power Discoms for faster roll-out of smart meters in the country The Ministry of Power has begun the process to set up a Rs 2,000 crore joint venture (JV) for providing a common backend infrastructure […] Read more
bp & Microsoft Partner to Drive Digital Energy Innovation & Net Zero Goals Updated On Wed, Sep 16th, 2020 by Saurenergy bp and Microsoft will collaborate as strategic partners to further digital transformation in energy systems and advance their net-zero carbon goals. bp and Microsoft Corporation have announced that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net-zero carbon goals of both companies. This includes a […] Read more
SunAlpha Energy Enabling job Opportunities Post Lockdown 4.0 Updated On Wed, Sep 16th, 2020 by Saurenergy Atmanirbhar Bharat Abhiyan’ inspires one of the leading solar energy conglomerates in India to create jobs for professionals & labour in the industry The Covid-19 pandemic has brought the world to a standstill and has impacted our lives deeply. All sectors have been hit by the challenges caused by the outbreak of the virus strongly and […] Read more
5 Emerging Clean Startups Making India Self Reliant Updated On Wed, Sep 16th, 2020 by Saurenergy India undoubtedly represents a huge, lucrative market for the cleantech industry with a lot of investments being pumped into the sector. That said, cleantech in India can still be referred to as an emerging concept and the focus to date has been mostly sector-specific. India is a big step as it calls for being ‘vocal […] Read more
Over 27,000 EVs Supported Under FAME-II Scheme so far: Javadekar Updated On Wed, Sep 16th, 2020 by Saurenergy The central government has so far supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under FAME-II The central government has so far (until September 10, 2020) supported over 27,000 electric vehicles (EVs) by way of demand incentive amounting to about Rs 95 crore under the phase […] Read more
Power Ministry Drafts Rights of Electricity Consumers for the First Time Updated On Wed, Sep 16th, 2020 by Saurenergy The Ministry of Power has announced that it has drafted rules providing for the Rights of Electricity Consumers for the very first time. The Ministry of Power has announced that it has drafted rules providing for the Rights of Electricity Consumers for the very first time. In its notification, the ministry claims the electricity consumers […] Read more
