Author: Saur News Bureau

News In Brief Dec 19: RWE’s 10 GW Milestone, Exide Picks Honeywell, Envision’s Storage Win

RWE Owned, Operated Clean Generation Assets Reaches 10 GW In US RWE, a leading global energy company, has reached significant growth in the U.S. after hitting 10 gigawatts (GW) of installed generation capacity of onshore wind, solar, and energy storage facilities in operation from coast to coast. The company owns and operates a diverse portfolio of more than […]

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Indian Renewable Energy Lending Up By 60%, Says CFA Report

The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […]

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The Impact of EVs on Auto Insurance and Risk Management

With rapidly growing footprints, electric vehicles (EVs) are fast becoming a preferred choice of customers across the globe. Consequently, their wider adoption is resulting in critical implications for the auto industry. Especially for insurance and risk management professionals, the popularity of EVs warrants a comprehensive makeover of their existing policies. So, what are key areas […]

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APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations

Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects Limited (in short “DSPL”) and M/s. KVK Energy Venture Private […]

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Green Stocks Dec 18: Indian Green Firms’ Stocks Witness Jolt

On a day when the stock market indices indicated sluggish growth, listed Indian green companies were no different. Most of the Indian green stocks today reported negative growth with only two exceptions-Borosil Renewables and Gensol Engineering. Whole Borosil Renewables are enjoying the brighter days owing to the better-expected avenues to the imposition of anti-dumping duties […]

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Coal India Issues EPC Tender For 1 GW Solar Project in Rajasthan

Coal India Limited (CIL) has now issued an EPC tender to develop a 1 GW (AC) solar project in the Bikaner district of Rajasthan. This project is planned to be set up in the Pugal tehsil of Bikaner. It will be developed either by Coal India or through its proposed Joint Venture with Rajasthan Rajya […]

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Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing

Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […]

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Maxvolt Energy Launches Eco Series Li Battery For E-Scooters

Lithium battery pack supplier Maxvolt Energy announced launching Eco Series Lithium Battery for electric scooters. The firm said that Eco Series is designed to provide an accessible, high-performance, and hassle-free upgrade option for customers currently using lead-acid batteries. The Maxvolt Eco Series offers numerous benefits, including being lightweight, providing rapid charging, and ensuring 4-5 years […]

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