Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared Updated On Tue, Aug 7th, 2018 by Saurenergy Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more
Rico Autos foresees Rs 2,000 crore turnover by 2020 Updated On Mon, Aug 6th, 2018 by Saurenergy Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […] Read more
5,500 Churches in UK Run on Renewable Energy Updated On Mon, Aug 6th, 2018 by Saurenergy The sudden shift to renewable energy by the churches in UK has hit the fossil fuel companies hard. London based religious charity ‘Christian Aid’ has proclaimed that 5,500 churches in UK have started depending completely on renewable energy sources for their operations. “Renewable energy is now a mainstream power source,” Emma Pinchbeck, the executive director […] Read more
Introduction to Floating PV Plant Updated On Mon, Aug 6th, 2018 by Saurenergy Renewable energy sources are of prime importance as they would power our future. Solar energy power plant which utilises the sun’s energy needs adequate space for installation. It is a well-known fact that out of the 510 million Km2 surface area of earth, a mere (appx.) 29% is covered with land. Additionally (at some locations) […] Read more
Talks to Sell 51% Stake of Hong Kong’s GCL to State Collapses Updated On Mon, Aug 6th, 2018 by Saurenergy The failed developments for the sale of stake of GCL to SEG also led shareholders to a negative intuition about the company’s future reliability thereby forcing a share-sell. World’s leading solar panels materials maker, GCL Poly Energy is expected to face high selling pressure on its share market on the back of the collapsed talks […] Read more
BMW Brilliance and CATL Signed Strategic Cooperation Agreement Updated On Sat, Aug 4th, 2018 by Saurenergy BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […] Read more
With High Debts of Rs 370 Cr, Su-Kam to Face Auctions Updated On Sat, Aug 4th, 2018 by Saurenergy In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
