MNRE Extends ALMM Deadline to 6 Months amid Disruptions from COVID-19 Updated On Wed, Apr 8th, 2020 by Saurenergy In a series of providing relief to the renewable energy firms which are facing a new range of challenges presented by coronavirus pandemic, the Ministry of New and Renewable Energy (MNRE) has extended the deadlines for the approved list of models and manufacturers (ALMM) i.e. both List-I for solar photovoltaic (PV) modules and List-II for […] Read more
mPower Raises Addl $1.85 Mn in Series A Funding Updated On Wed, Mar 25th, 2020 by Saurenergy New Mexico headquartered innovative solar technology solutions provider, mPower Technology has raised an additional USD 1.85 million in Series A funding. Now, the company has an aggregate investment of USD 4.35 million in Series A round of funding. The company said that this extension round included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors. On investing in mPower, […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI Updated On Fri, Mar 20th, 2020 by Saurenergy FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […] Read more
No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh Updated On Wed, Mar 4th, 2020 by Saurenergy India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […] Read more
Policy Certainty Will Increase Renewable Investment in India: IEEFA Updated On Fri, Feb 14th, 2020 by Saurenergy Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […] Read more
Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16 Updated On Tue, Feb 11th, 2020 by Saurenergy After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Green Tech Revolutions And India’s Chance to Shine: Study Updated On Tue, Jan 14th, 2020 by Saurenergy Green technology comes at a price and India can help break the “green curse” by persuading South Asian countries to adopt sustainable practices Green technology comes at a price and India can play a pivotal role in breaking the “green curse” by persuading South Asian countries to adopt sustainable practices in mining critical minerals needed […] Read more
