India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] Read more
No Additional Surcharge For Open Access Consumers in Gujarat Updated On Mon, May 6th, 2019 by Saurenergy The commission analysed the data submitted by GUVNL and its Discoms, and based on the formula decided, the additional surcharge worked out to Rs NIL/kWh. The Gujarat Electricity Regulatory Commission (GERC) has in its latest order issued that consumers of four of the state’s discoms will have zero applicable additional surcharge for making use of […] Read more
Risen Energy Forms Strategic Partnership to Expand Business in Australia Updated On Fri, May 3rd, 2019 by Saurenergy Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […] Read more
Using Sunlight to Harness Hydrogen From Wastewater Updated On Thu, May 2nd, 2019 by Saurenergy A research team has devised an inexpensive way of harnessing sunlight to isolate hydrogen from industrial wastewater. Hydrogen, which is a critical component in the manufacture of thousands of common products from plastic to fertilizers, is expensive and energy intensive to produce. But now, a team led by Zhiyong Jason Ren from Princeton University has […] Read more
Partners in Progress: India Calls Out For Energy Security in Asia Updated On Thu, May 2nd, 2019 by Saurenergy India’s Minister of State for External Affairs V K Singh has called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, the minister urged the Member States […] Read more
SECI Reissues NIT For 14 MW Solar Plant with BESS at Leh and Kargil Updated On Wed, May 1st, 2019 by Saurenergy The MNRE has put a timeline between 2019-20 and 2020-21 for the completion of the project. The Solar Energy Corporation of India (SECI) has issued a new Notice Inviting Tenders (NIT) seeking online bids for the development of 14 MW of solar PV power plant with linked 42 MWh of Battery Energy Storage System (BESS) […] Read more
Sterlite Power Signs Concession Agreement for the Pampa Project in Rio Grande do Sul Updated On Fri, Apr 12th, 2019 by Saurenergy Sterlite Power announced the signing of the Concession Agreement for batch 13, won in auction No. 04/2018. The Director General, ANEEL and authorities representing the Brazilian Government were present for the signing. The agreement was finalized during the first technical management meeting with ANEEL’s Superintendence of Concessions, Permissions and Authorizations for Transmission and Distribution (SCT). […] Read more
Success of FAME II, Other Measures Help in Realizing High EV Penetration by 2030: Niti Report Updated On Sat, Apr 6th, 2019 by Saurenergy Niti Aayog in its report said that, “According to the analysis, if FAME II and other measures – in public and private space – are successful, India could realize EV sales penetration of 30% of private cars, 70% of commercial cars, 40% of buses and 80% of two and three-wheelers by 2030.” On the back […] Read more
World Bank Grants $148Mn to Finance Access to Electricity in Mozambique Updated On Thu, Apr 4th, 2019 by Saurenergy The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […] Read more
