While Waaree Continues Gravity Defying Climb, Other Renewable Stocks Dragged Down April 15 Updated On Mon, Apr 15th, 2024 by Saurenergy 10 out of the 11 renewable stocks in our basket dropped today, usually falling more than the market, thanks to the sharp run up the category has seen in prices. The outlier as usual was Waaree Renewable technologies, which recovered smartly from the morning volatility to be back at the 5% upper circuit. The fall […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […] Read more
Sany India Launches Electric Truck To Be Used For Open-Cast Mining Updated On Mon, Apr 15th, 2024 by Saurenergy Manufacturer of construction and mining equipment, Sany India, has unveiled the SKT105E Electric Dump Truck, to be locally manufactured in India. The SKT105E Electric Dump Truck represents a new era in mining technology, combining local expertise with global innovation. Designed to meet the rigorous demands of open-cast mining operations, this fully electric off-highway dump truck […] Read more
Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe Updated On Mon, Apr 15th, 2024 by Saurenergy European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […] Read more
JSW Acquires 45 MW Wind Project From Reliance In Maharashtra Updated On Mon, Apr 15th, 2024 by Saurenergy JSW Renewable Energy (Coated) Limited, a wholly owned subsidiary of JSW Neo Energy Limited (or JSW Neo) and subsidiary of JSW Energy acquired 45 MW of Wind based Renewable Energy Project from Reliance Power Limited. This project is located at Jath, Sangli District, Maharashtra. In accordance with our prior announcement on March 22, 2024, they […] Read more
Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA Updated On Mon, Apr 15th, 2024 by Saurenergy The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […] Read more
Sineng Electric Receives TÜV Rheinland Certification for Central PCS Updated On Mon, Apr 15th, 2024 by Saurenergy Sineng Electric recently received certification from TÜV Rheinland for its central PCS during ESIE 2024. This endorsement signifies compliance with EN IEC 61000-6-2:2019 and EN IEC 61000-6-4:2019 standards, further validating the quality of Sineng’s products. The certified central PCS models include EH-2000-HA-UD, EH-1725-HA-UD, EH-1600-HA-UD, EH-1575-HA-UD, EH-1375-HA-UD, and EH-1250-HA-UD, which can cater to the diverse application requirements. These products feature compatibility […] Read more
