Yulu Secures Rs 30 Crore Funding Led by VC Firm Rocketship Updated On Wed, Jul 1st, 2020 by Saurenergy EV micro-mobility service provider Yulu has secured a fresh infusion of Rs 30 crores in equity funding led by US-based Rocketship and existing investors. Electric micro-mobility service provider Yulu recently announced that it has secured a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment received during the COVID-19 crisis, […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
SECI’s 2 GW ISTS Tender Sees Pricing Records Broken. L1 at Rs 2.36 per unit Updated On Tue, Jun 30th, 2020 by Saurenergy Spanish Developer Solarpack Corporacion Technologica announced itself with a big splash in India with the lowest bid of Rs 2.36 per unit, in the SECI 2 GW ISTS auction (Tranche IX). The auction stood out for the sheer global spread of the bidders, with the lowest 9 bidders coming from Spain, Canada, Italy, UK, and […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
Leading Wind Turbine Suppliers in India in 2019 Updated On Tue, Jun 30th, 2020 by Saurenergy Here in this article, we list the top wind turbine suppliers in India for the year 2019, which saw a total of 2.4 GW in installations. India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019, and has the potential for more than 695 GW at 120 […] Read more
Can India become self-reliant in solar equipment, especially modules and cells, in 5 years? Updated On Mon, Jun 29th, 2020 by Saurenergy During the current scenario where a wave of ‘AatmaNirbhar’ and ‘Vocal for Local’ is gaining traction amid global economic turmoil on the back of coronavirus pandemic, there is also a need to check that how far we have reached till now, what will be the challenges and how far will be the road ahead in […] Read more
Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’ Updated On Mon, Jun 29th, 2020 by Saurenergy Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […] Read more
With Phased Duties on Solar Imports, Government Hopes for Orderly Transition Updated On Thu, Jun 25th, 2020 by Saurenergy At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […] Read more
India Short Circuits Power Sector Imports, As China Shadow Looms Updated On Tue, Jun 23rd, 2020 by Saurenergy With material from China practically stuck at ports, ever since last week, when a border skirmish went out of control leading to fatalities on a hitherto ‘peaceful’ border, Power Minister R.K. Singh formally outlined a series of steps today, to combat the ‘risks’ of imports in the ‘strategic’ power sector. The measures, while stopping short […] Read more