Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
Magenta Power Launches EV Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy This series of charging stations are best suited for community charging such as offices, malls and residential societies. In a bid to support government’s National eMobility program, solar power systems provider Magenta Power has launched its electric vehicle (EV) charging stations called ‘ChargeGrid’ series. The company said in a statement that this new series is […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
Uber, Sun Mobility to Deploy Electric Autos in India Updated On Thu, Jul 25th, 2019 by Saurenergy Global shared-mobility service provider Uber announced a partnership with Bangalore-based Sun Mobility to launch an electric auto service platform. The Ride-hailing giant Uber on Wednesday announced a partnership with SUN Mobility to deploy electric autos in India. As part of the agreement, SUN Mobility will offer its energy infrastructure platform, which includes swappable Li-Ion smart batteries […] Read more
Japan’s Mitsui Invests Rs 100 Crore in SmartE Updated On Thu, Jul 25th, 2019 by Saurenergy SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […] Read more
Siemens Gamesa Signs Supply Contract for 94 MW Wind Farm in Brazil Updated On Thu, Jul 25th, 2019 by Saurenergy Siemens Gamesa will supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farm in Brazil with an installed capacity of 94 MW. Siemens Gamesa has signed its first contract with Brennand Investimentos to supply 27 SG 3.4-132 wind turbines for the Arizona and Honorato wind farms in Sento Sé, Bahia, Brazil with […] Read more
