Panasonic Launches Smart EV Charging Service ‘Nymbus’ in India Updated On Mon, May 20th, 2019 by Saurenergy Japanese electronic major, Panasonic has launched the first of its kind smart EV charging service in India – Nymbus. A futuristic charging service combines physical components such as charging stations, swap stations, onboard charges, telematics systems and the virtual components like cloud service, analytics, intuitive dashboard, and artificial intelligence to deliver a one-stop solution. It […] Read more
Amplus Solar to Invest Rs 750 Cr on 150MW Govt Projects in Haryana Updated On Mon, May 20th, 2019 by Saurenergy “These projects also provide steady flow of income to the local populations during construction and operation of the plant. We essentially are creating a clean technology based ecosystem to support the local population for a better livelihood for current as well as future generation,” Aggarwal added. As part of its Rs 1,000 crore investment plan, Gurgaon-based […] Read more
JSW Energy Bounces Back in Black in Q4; Drops EV Biz Plan; to Focus on Power Biz Updated On Fri, May 17th, 2019 by Saurenergy The power generation arm of JSW Group has reported its consolidated net profit after tax (PAT) at Rs 5.79 crore in the January-March quarter of FY 19, against a net loss of Rs 480.05 crore during the same period previous year, led by higher revenues. On the back of prevailing higher uncertainties in the electric […] Read more
China, US & France Top 3 Markets for RE, India Slips to 4th: Report Updated On Fri, May 17th, 2019 by Saurenergy China and US held the top 2 attractive markets’ status for Renewable energy according to EY index while India drops its third position. China and the US remained the most attractive markets for renewable energy in Ernst & Young’s 53rd edition of the Renewable Energy Country Attractiveness Index (RECAI). The next spot was held by France which ranked third […] Read more
Renewables Under Modi. A Success Story Validated by Industry Stakeholders. Updated On Mon, May 13th, 2019 by Saurenergy Despite policy reversals and various other operational challenges faced by the industry, a bulk of the respondents are optimistic about its growth prospects. The Indian renewable industry has given a pass certificate to the five years under Modi government rule with 78 percent of the respondents in a survey of CEOs of the industry feel […] Read more
Vestas Bags 420 MW Order in For Wind Project in US Updated On Fri, May 10th, 2019 by Saurenergy The project deliveries have been scheduled for the second quarter of 2020, and the wind farm is expected to begin commercial operation in the fourth quarter of 2020. Denmark-based, Vestas has bagged an order in the United States for the development of a 420 MW wind power project. The turbine manufacturer has been selected for supplying […] Read more
Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US Updated On Thu, May 9th, 2019 by Saurenergy C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for […] Read more
Govt Organises ‘Chintan Baithak’ with RE Industry Stakeholders Updated On Wed, May 8th, 2019 by Saurenergy In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as ‘Chintan Baithak’, with the industry stakeholders. The government’s motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various […] Read more
Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
