Author: Saur News Bureau

‘Big Battery’ fuels revenue jump at French renewables group Neoen

French renewable power producer Neoen ‘s first-quarter revenue jumped by more than a third, helped by the commissioning of one of the world’s largest lithium-ion batteries in Australia, the company said on Tuesday. Neoen, which specialises in solar farms, onshore wind and energy storage, posted overall sales up 36 per cent at 109 million euros […]

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Magenta’s EVET Finds a Receptive Audience In Food Industry

EVET – the integrated electric mobility, charging and technology vertical of Magenta, has entered into a strategic partnerships with prominent companies in the food industry – Elior India, SPRINK Kinematic FoodTech, Kadambass hospitality, and Foodieverse, to use EVET electric fleet for food delivery. The collaboration also marks EVET’s debut into mid-mile deliveries, furthering the electrification of mobility […]

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Nitin Gadkari Is Sold On the Future of Storage

Union Minister for Road Transport and Highway (MoRTH) Nitin Gadkari gave a ringing endorsement for the future of storage in India, while inaugurating the 8th edition of the India Energy Storage Week (IESA) in New Delhi on May 3. The event formally started on May 2nd and is set to culminate on 6th  May at […]

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Hindustan Salts Ltd Seeks Bids for 1000MW solar projects in Gujarat

Hindustan Salts Limited (HSL) has invited online bids for the development of 1000 MW of solar PV projects at Kharaghoda in Surendranagar district, Gujarat. Key dates of the tender are as follows: Last date of bid submission: May 30, 2022 at 3 PM Date of bid opening: May 31, 2022 at 3 PM Time and […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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AGEL gets shareholders’ approval for Rs 3,850 cr invt by Abu-Dhabi firm

Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is Abu Dhabi-based IHC Capital Holding LLC. At the […]

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Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050

Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […]

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