PFC Appoints PK Singh as Director-Commercial Updated On Tue, Aug 14th, 2018 by Saurenergy Praveen had been placed as Executive Director- Projects and has worked in multiple units of the Projects division of the firm for over 24 years. State-run power sector lender, Power Finance Corporation (PFC) has appointed Praveen Kumar Singh as Director-Commercial of the company with effect from August 10. Before the director-commercial, Praveen had been placed […] Read more
EVs and Self-driving Cars Soon to Ply on Dubai Streets Updated On Tue, Aug 14th, 2018 by Saurenergy The strategy involves both short-term plans and ‘urgent steps’ to be taken over the next 12 months, as well as long-term plans that look forward up to the year 2040. Dubai’s Roads and Transport Authority (RTA) has approved new testing standards for electric, hybrid and self-driving vehicles in order to contribute in the development of […] Read more
Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project Updated On Thu, Aug 9th, 2018 by Saurenergy Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […] Read more
Apple Partners with Swiss Re, Akamai and Etsy to develop Renewable Energy Updated On Tue, Aug 7th, 2018 by Saurenergy The plant collectively is expected to produce 290 MW of addition power in the Pennsylvania, Jersey, Maryland (PJM) Power Pool grid catering major parts of Eastern U.S. As part of its environmental efforts, Apple has partnered with e-commerce player- Etsy, reinsurance company- Swiss Re and Cambridge’s cloud service provider- Akamai Technologies to develop two new wind […] Read more
5,500 Churches in UK Run on Renewable Energy Updated On Mon, Aug 6th, 2018 by Saurenergy The sudden shift to renewable energy by the churches in UK has hit the fossil fuel companies hard. London based religious charity ‘Christian Aid’ has proclaimed that 5,500 churches in UK have started depending completely on renewable energy sources for their operations. “Renewable energy is now a mainstream power source,” Emma Pinchbeck, the executive director […] Read more
Talks to Sell 51% Stake of Hong Kong’s GCL to State Collapses Updated On Mon, Aug 6th, 2018 by Saurenergy The failed developments for the sale of stake of GCL to SEG also led shareholders to a negative intuition about the company’s future reliability thereby forcing a share-sell. World’s leading solar panels materials maker, GCL Poly Energy is expected to face high selling pressure on its share market on the back of the collapsed talks […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more