Prakash Chand Garg Joins NSEFI As Its New Principal Advisor Updated On Mon, Dec 16th, 2024 by Saurenergy The National Solar Energy Federation of India (NSEFI), an industry body representing India’s renewable energy sector, has appointed Prakash Chand Garg as NSEFI’s new Honorary Principal Advisor. PC Garg’s illustrious career spans over 37 years in the power sector, during which he has held diverse and impactful roles. In his long career, he has contributed […] Read more
Shakti Pumps Receives Empanelment Letter From MSEDCL For 25,000 Pumps Updated On Thu, Dec 12th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) today announced receiving a Letter of Empanelment from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 Standalone Off-Grid solar pumps. This was meant for Solar Photovoltaic Water Pumping Systems (SPWPS) pumps collectively worth Rs. 754.30 Crores (inclusive of GST) for the entire state of […] Read more
Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
Rajasthan Issues New Policy To Offer Incentives For RE Projects Updated On Thu, Dec 5th, 2024 by Saurenergy To use the untapped renewable energy potential in Rajasthan, the state government released an Integrated Clean Energy Policy. It targets the establishment of 125 GW of renewable power projects by 2029-30. To fulfill its mission, the plans to add 90 GW of solar, 25 GW MW of Wind & Hybrid, and 10 GW of Hydro, […] Read more
MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing Updated On Thu, Dec 5th, 2024 by Saurenergy The Madhya Pradesh Cabinet has now approved the expansion of the area of Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans. The Cabinet decided to add 442.04 acres of land in Industrial […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
Govt Issues Draft EV Guidelines To Unify Charging Infrastructure Updated On Mon, Dec 2nd, 2024 by Saurenergy The Ministry of Power (MoP) recently notified an amendment to the draft guideline for the installation and operation of Electric Vehicle (EV) charging Infrastructure. Earlier this year, MoP issued an alternate facility to power the electric vehicles in separate draft guidelines and laid down separate draft guidelines to install and operate battery swapping and charging […] Read more
81% Of PM-KUSUM (Comp B) Capacities Come From 5 States Updated On Fri, Nov 29th, 2024 by Saurenergy A latest data released by the Union government before the Parliament revealed that a lion’s share of the PM-KUSUM scheme (Component-B) comes from five states alone. The majority of these states are based in the western part of the country. Component B of the Union government schemes mandates the installation of decentralised off-grid solar pumps. […] Read more