REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
WAAREE Commissions 16 MW Solar Project in Maharashtra Under Agri-feeder Scheme Updated On Sat, Feb 20th, 2021 by Saurenergy Indian solar module manufacturer WAAREE has announced the commissioning of a 16 MW ground-mounted solar project in Gavhankund, Maharashtra. The project was executed for Waacox Energy Pvt. Ltd. under the Agri feeder scheme of Maharashtra Govt for Maharashtra State Power Generation Co. Ltd. (MAHAGENCO). The new plant has developed under the support of the Chief Minister’s […] Read more
EV Startup PiBeam Electric Launches First Utility Electric Two-Wheeler, ‘PiMo’ Updated On Thu, Feb 11th, 2021 by Saurenergy PiBeam Electric, an IIT Madras incubated electric vehicle (EV) startup has yesterday launched its first sustainable, uniquely designed, and affordably-priced electric two-wheeler (E2W) ‘PiMo’. This e-bike can be used for both personal and commercial needs. The company claims that PiMo is India’s first urban utility EV, with a 50 Km Range at a speed of […] Read more
Will Solar Powered Refrigeration Come Of Age In Vaccination Push? Updated On Thu, Jan 28th, 2021 by Saurenergy The Covid pandemic, and now finally, the vaccination push across the world against the disease has put the spotlight firmly on the role distributed solar products, particularly Solar refrigeration could play. In the African continent, with almost 600 million people off the grid and many more without access to the kind of exacting cooling requirements […] Read more
MP set up Highest Number of Solar Pumps Under GKRA Scheme Updated On Thu, Jan 21st, 2021 by Saurenergy Madhya Pradesh set up the highest number of solar pumps under the PM Garib Kalyan Rojgar Abhiyan, per state Renewable Energy Minister Madhya Pradesh has set up the highest number of solar pumps in the country under the PM Garib Kalyan Rojgar Abhiyan, state New and Renewable Energy Minister Hardeep Singh Dang has said. “A total of 3,224 solar […] Read more
Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1% Updated On Thu, Jan 21st, 2021 by Saurenergy On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
134 Govt Schools in Rajasthan to get Hybrid Solar Plus Battery Systems Updated On Wed, Dec 23rd, 2020 by Saurenergy A new Rs 25 crore project has been sanctioned for all 134 govt models schools in Rajasthan to get hybrid solar plus battery bank systems. Rajasthan Council of School Education (RCScE) has notified that there are currently 134 model schools in Rajasthan and almost all of them are situated in rural areas where the electricity […] Read more
