Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan Updated On Thu, May 21st, 2020 by Saurenergy Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […] Read more
Tender Issued for Rooftop Solar Systems at Hubballi Dharwad Smart City Updated On Thu, May 21st, 2020 by Saurenergy Hubballi Dharwad Smart City Limited has issued a tender for rooftop solar PV systems worth approximately 340 kWp at government buildings under HDMC area The Hubballi Dharwad Smart City Limited (HDSCL), Karnataka has issued a tender for the commissioning of rooftop solar PV systems worth approximately 340 kWP on discount over retail tariff basis on […] Read more
Tata Power Posts Financial Results; Boosted by Renewable Business Updated On Thu, May 21st, 2020 by Saurenergy Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
Govt to Solarize Konark Surya Mandir, Town in Odisha with 100% Financial Assistance Updated On Wed, May 20th, 2020 by Saurenergy After aiming for the complete solarization of sun-temple town in Gujarat’s Modhera, the Ministry of New and Renewable Energy (MNRE) has now issued fresh guidelines for 100 percent solarization of Konark sun temple, which is popularly known as Surya Mandir, along with the Konark town in Odisha. Through this scheme, the government aimed to meet […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL Updated On Wed, May 20th, 2020 by Saurenergy Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […] Read more
ArcVera Renewables Now Offering Technical Service for Energy Storage Projects Updated On Wed, May 20th, 2020 by Saurenergy ArcVera Renewables, a leading provider of consulting and technical services for renewable energy projects, has now unveiled its technical know-how for the standalone energy storage or hybrid projects. For the standalone renewable energy projects, the company will be providing expert technical, financial, and independent engineering services. The company, which is having over 40 years of […] Read more
Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers Updated On Wed, May 20th, 2020 by Saurenergy The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […] Read more
