Author: Saur News Bureau

Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn

An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […]

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German Solar Focused Startup 1KOMMA5° Turns Unicorn With €430M Funding Round

1KOMMA5° a Hamburg, Germany-based startup that has 1.5°C greenhouse emissions limit integrated in its name has become one of the fastest climate unicorns in Europe.  It follows another German startup that raised significant funding recently namely Enpal which completed a round where it secured €430 million commitments.The German startup has raised €430M in a Series […]

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Satyajit Ganguly Joins PXIL as CEO & MD

Satyajit Ganguly has joined Power Exchange India Ltd (PXIL) as its Managing Director and Chief Executive Officer (CEO). Satyajit’s professional experience spanning 35 years entails working with NTPC, Central Electricity Authority in Western Regional Electricity Board (WREB), Power Grid, Lanco Power Ltd, Vedanta Group, OTPC. Before he joined PXIL, Satyajit was Managing Director with North […]

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Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities

With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […]

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Ethiopia & China Establish Joint Research Centre to Spur RE Development in Ethiopia

China and Ethiopia have launched a joint research and extension centre supported by the United Nations Development Programme (UNDP) to fast-track renewable energy development in Ethiopia, a country situated in the Horn of Africa. The Joint Research and Extension Center is expected to serve as a research, training and demonstration platform to enhance the capacity […]

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Magenta Mobility, Altigreen & Exponent Partner for 15-Minute Rapid Charging EV Fleet

Magenta Mobility, an electric mobility and charging solutions provider, has joined forces with Exponent Energy, an energy-tech startup, and Altigreen Propulsion Labs, an electric commercial vehicle manufacturer. The partnership will see Altigreen’s neEV Tez powered by Exponent, that fully charges in fifteen minutes. This, along with Exponent’s e^pump network will empower Magenta to unlock higher […]

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Statkraft Secures German Contract for Solar & Battery Storage

Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […]

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Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US

Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […]

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