CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19 Updated On Tue, May 26th, 2020 by Saurenergy Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […] Read more
Chinese firms look for New Models for Overseas Sales amidst Covid-19 Challenges Updated On Mon, May 25th, 2020 by Saurenergy Amidst the coronavirus crisis, these days Chinese firms are actively searching for new ways in order to increase the sale of their products in the overseas markets. In line with this, two Chinese companies, CECEP Solar Energy Technology (ZhenJiang) Co., Ltd and Zhongshi Solar Energy Saving & Resources (Jiangsu) Co., Ltd, entered into a partnership […] Read more
500W Modules and Higher Efficiency, India Falling Behind Updated On Mon, May 25th, 2020 by Saurenergy Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […] Read more
World’s Largest Green Hydrogen Project to Launch in California Updated On Fri, May 22nd, 2020 by Saurenergy Global energy company SGH2 has announced that it is bringing the world’s biggest green hydrogen production facility to the City of Lancaster in California. Global energy company SGH2 has announced that it is bringing the world’s biggest green hydrogen production facility to the City of Lancaster in California. The plant will feature SGH2’s pioneering technology, which uses […] Read more
KYB and REE Partner to Develop Next-Gen Modular EV Platforms Updated On Fri, May 22nd, 2020 by Saurenergy KYB and REE Automotive have announced a strategic partnership to develop suspension capabilities for future EV platforms. KYB Corporation (KYB) and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms. According to the joint statement issued by the firms, automotive Tier 1 supplier KYB’s unparalleled semi-active […] Read more
Discoms in Bihar Enjoying Perks of Installing EESL’s Prepaid Smart Meters amid Lockdown Updated On Thu, May 21st, 2020 by Saurenergy Amidst nationwide lockdown where most of the Discoms are dealing with outstanding dues mainly on account of long-pending bill payments from their customers, some of the power distribution companies (Discoms) in Bihar are earning Rs 5 lakh per day prepaid revenue through EESL-led smart metering programme. Bihar became the first state in India which has […] 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
Govt to Offer Rebate to Discoms for Covid-19 Lockdown Period Updated On Sat, May 16th, 2020 by Saurenergy With an aim to provide relief to cash strapped power distribution companies (Discoms), the government has taken a slew of measures to help them, including providing a rebate for the lockdown period amidst the coronavirus pandemic. The power ministry’s move is in line with the Finance Minister Nirmala Sitharaman’s announcement on May 13, 2020, under […] Read more
Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more