Author: Saur News Bureau

With formal approval, 20 GW of RE capacity on its way for green corridor

The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […]

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Neoen sees bigger appetite for RE as Europe shuns Russian power

French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […]

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California-based Enphase Energy acquires SolarLeadFactory

Enphase Energy, an energy technology company and a supplier of microinverter-based solar and battery systems, has announced the acquisition of SolarLeadFactory LLC. Founded in 2012, SolarLeadFactory provides high quality leads to solar installers. The company has joined Enphase with the objective of substantially increasing lead volumes and conversion rates to help drive down the customer […]

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Four Solar Power Projects Worth 6.5 MW Floating Up in Chandigarh Soon

Chandigarh Renewable Energy and Science and Technology Promotion (CREST) will develop four solar power projects totaling 6.5 MW capacity in different locations of Chandigarh. The cost of this solar expansion will be Rs 43 crore. As far as the projects are concerned, two will be first of their kind. These solar power projects will be […]

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Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan

Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […]

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Vestas Joins 9GW Floating Wind Farm Development in South Korea

According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […]

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Reliance New Energy Ltd acquires assets of Lithium Werks BV

Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […]

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Natural Battery Technologies Develops Long Range Batteries

The evolving EV opportunity continues to throw up more and more startups with ambitious plans. The latest is Jaipur based Natural Battery Technologies, a Lithium-Ion Battery manufacturers in India, is actively developing high performance batteries with increased safety parameters. The firm claims that its battery packs are weather proof and made of strong external closures. […]

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