UK Commits $208 mn for Electric, Hybrid Vehicles Updated On Wed, Sep 12th, 2018 by Saurenergy The fund is to be used for the research and development of electric and hydrogen fuel cell vehicles as well as battery technology in UK. Speaking at the Zero Emission Vehicle (ZEV) Summit in Birmingham, PM Theresa May has granted a package of USD 208 million for the research and development of electric and hydrogen fuel […] Read more
Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment Updated On Wed, Sep 12th, 2018 by Saurenergy J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […] Read more
Hanergy Bags $130mn Solar Tile Contract from Forest Group Updated On Tue, Sep 11th, 2018 by Saurenergy Hanergy contract intends to bring to use and put together the expertise and the rich sectorial experiences of both companies to optimize Japan’s photovoltaic market. Chinese leading thin film power solution providing MNC, Hanergy has won a USD 130 million contract to build solar roof tiles for Japanese infrastructure conglomerate, Forest Group. The association between […] Read more
Chandigarh Struggles to Meet India’s Solar Target Updated On Tue, Sep 11th, 2018 by Saurenergy It is mandatory for Chandigarh to install 1 KW and 2 KW solar power systems on buildings measuring 500-999 square yards and 1000-2999 square yards respectively. Chandigarh’s Chandigarh Renewable Energy, Science and Technology Promotion Society (CREST) have been unable to meet the solar power installation target set by the Union Government till date. As per […] Read more
Non-Payment of Subsidy Backs Punjab’s Solar Rooftop Fall Updated On Tue, Sep 11th, 2018 by Saurenergy Around 300 applications of subsidy totaling to Rs 6 crore are pending for more than six months as per the incentive of Rs 17,000 per KW power. The delay in disbursements to the residents by the government has led to slow development of Punjab’s solar rooftop power systems. Around 300 applications of subsidy totaling to […] Read more
JinkoSolar Receives CMIIT’s ‘Intelligent Manufacturing’ Award Updated On Tue, Sep 11th, 2018 by Saurenergy The smart manufacturing platform in JinkoSolar’s newly operated GW scale Smart Factory is compatible with multiple process-control and data-management systems. In another achievement in technology advancement, JinkoSolar has received an award for “Demonstration Enterprise for 2017 Intelligent Manufacturing Pilot Project” of China Ministry of Industry and Information Technology (MIIT). Moreover, the scope of JinkoSolar on […] Read more
SC Upholds Safeguard Duty on Solar Imports Updated On Tue, Sep 11th, 2018 by Saurenergy If the petition by ACME Solar Holdings is upheld in Supreme Court, the safeguard duty collected from the importers will be refunded. Adding to the joy of Indian solar manufacturers and woes of solar developers, Supreme Court (SC), on being approached by Government of India, has stayed the Orissa High Court’s interim order restricting safeguard […] Read more
Andhra Pradesh to Generate 10,000MW Solar Power by 2022 Updated On Mon, Sep 10th, 2018 by Saurenergy The state has in its present pipeline a total of 4,000 MW ultra-solar power projects to be developed in Kurnool, Anantapur and Kadapa. In order to make the state power surplus, the Andhra Pradesh state government has planned to develop another 10,000 MW of solar power by the year 2022. Moreover, the state has in […] Read more
US Energy Storage Market Jumps 42% QoQ: Report Updated On Mon, Sep 10th, 2018 by Saurenergy The energy storage market in US has tremendously increased from 43.6 MW in Q1 2018 to 61.8 MW in Q2 2018 whereas the market grew 60 percent year-on-year. A leading clean energy data and information aggregator suggests US’s energy storage market to have jumped 42 percent from the previous quarter. The energy storage market in […] Read more
