Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
NoBroker, ElectricPe to Install 1 Lakh EV Charging Stations This Year Updated On Tue, Mar 22nd, 2022 by Saurenergy NoBroker has partnered with ElectricPe to install 100,000 electric charging points this year in residential communities across India. The duo will deploy the NoBrokerHood App, through which electric vehicle owners can pay their bills on the spot and also have the option of getting the payable amount added to their electricity bills. NoBroker is a […] Read more
Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot Updated On Tue, Mar 22nd, 2022 by Saurenergy Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […] Read more
Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025 Updated On Mon, Mar 21st, 2022 by Saurenergy Japan’s leading automaker and Indian market leader Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […] Read more
India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
Rooftop Solar Can Fulfill Half of Mumbai’s Power Demand, says MCAP Updated On Mon, Mar 21st, 2022 by Saurenergy The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document, the BMC says that Mumbai can produce 1,724 MW of solar power. This, BMC says, can meet half of the city’s peak energy demand which currently stands at 3600 […] Read more
AISIA Warns of Stockpiling of Solar Equipment, Seeks Safeguards Updated On Mon, Mar 21st, 2022 by Saurenergy Industry body AISIA, or the All India Solar Manufacturers Association, has warned yet again of the dangers facing India’s domestic manufacturers. In a letter to the MNRE minister, the AISIA states that domestic manufacturers have been operating at 30% capacity, and the situation places at risk thousands of jobs in India. Almost 125 manufacturing units […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat Updated On Sat, Mar 19th, 2022 by Saurenergy Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also received another order to build 35 MW (AC) photovoltaic capacity with 57MWh battery energy storage system in Gujarat. The project will be based in the Kutch district. Larsen & […] Read more
