Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA Updated On Mon, Nov 18th, 2024 by Saurenergy The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […] Read more
Govt Removes Dual Consent For Wind, Solar & Other RE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy The Ministry of Environment, Forest and Climate Change (MoEFCC) has now come up with a new gazette notification to reduce the need for multiple clearances from the government for the commissioning of several clean energy projects ranging from solar, wind, compressed biogas (CBG) and others. The move was aimed at expediting the growth of such […] Read more
Telangana Govt Announces Tax Break To Electric Vehicles Till 2026 Updated On Mon, Nov 18th, 2024 by Saurenergy In order to make Hyderabad pollution-free, effective from today, the Telangana government gave 100 percent exemption on road tax and registration fees for electric vehicles (EVs) for purchased and registered vehicles for the next two years, until December 31, 2026. In its latest order, the government granted exemption to electric two-wheelers, four-wheelers, and commercial passenger […] Read more
ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […] Read more
EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
Financial Result: Alpex Solar Reports 265 Crore Revenue In H1 Updated On Thu, Nov 14th, 2024 by Saurenergy Greater Noida-based solar module manufacturer Alpex Solar has reported a total revenue of Rs 265. 66 crore for the half-year (H1) in FY25 ended on September 2024. The company reported a total revenue of Rs 213.07 crore in the H1 of FY24. Thus on a Year-on-Year (YoY) basis, the firm witnessed a rise in its […] Read more
Equinix, CleanMax Ink 33 MW Captive Project Deal in Maharashtra Updated On Thu, Nov 14th, 2024 by Saurenergy Equinix, Inc., a digital infrastructure company today signed a Power Purchase Agreement (PPA) with CleanMax, a renewable energy provider in the Commercial and Industrial (C&I) sector and a Brookfield-backed company. Under the agreement, the parties plan to collaborate to build a 33 MW Captive Power Plant in Maharashtra. This partnership intends to provide renewable energy […] Read more
Jinko Solar To Solarise Manchester City Football Club With Tiger Neo Updated On Thu, Nov 14th, 2024 by Saurenergy Earlier this year, in June 2024, Jinko announced a multi-year global partnership with Manchester City Football Club. Under this partnership, Jinko, a global PV and energy storage systems supplier, is expected to provide over 10,500 advanced Tiger Neo PV modules to power Manchester City’s training ground – City Football Academy. This collaboration envisions enhancing Manchester […] Read more
BII, Norfund & IndiGrid Enter 300 Mn Partnership To Expand BESS Project In India Updated On Wed, Nov 13th, 2024 by Saurenergy IndiGrid, a power sector infrastructure investment trust (InvIT), formed a new platform, EnerGrid in partnership with British International Investment (BII), UK’s development finance institution and impact investor, along with the Norwegian Climate Investment Fund, managed by Norfund. This platform focuses on developing greenfield transmission and standalone Battery Energy Storage System (BESS) projects in India. The […] Read more
