Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
Poor Air Quality Affecting Solar Power Generation In India, Finds Study Updated On Tue, Apr 23rd, 2024 by Saurenergy New data by Solargis, a solar data and software solutions company, has revealed that solar irradiance witnesses a downfall during winter months in India. The data by the company says that India’s solar power generation is being significantly impacted by poor air quality during winter months. Avik Mitra, business account manager, at Solargis, said, “January […] Read more
US Announces $7 Billion Solar For All Program For Rooftop Solar Updated On Tue, Apr 23rd, 2024 by Saurenergy In an announcement on Earth Day (April 22nd) that will remind many of India’s very own almost $8 billion PM Suryaghar Yojana, the Biden Administration has announced a massive push for rooftop solar in the US. The program was kicked off with the U.S. Environmental Protection Agency announcing that 60 selectees will receive $7 billion […] Read more
Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US Updated On Tue, Apr 23rd, 2024 by Saurenergy The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […] Read more
Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition Updated On Tue, Apr 23rd, 2024 by Saurenergy Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […] Read more
NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka Updated On Mon, Apr 22nd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) released a tender inviting online bids for Inter State Transmission System (ISTS) connected wind energy project with a nominal capacity of 1110 MW in Bijapur region, Karnataka, Tranche – II The tender invited shared details for detailed design, engineering, micro-siting, manufacturing, supply, erection, testing, commissioning, and proving the guaranteed […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
JinkoSolar Enters BNEF Energy Storage Tier 1 List Updated On Mon, Apr 22nd, 2024 by Saurenergy Continuing the trend of leading solar equipment manufacturers making a mark into energy storage as well, leading globak module maker JinkoSolar makes an entry into Bloomberg NEF’s “BNEF Energy Storage Tier 1 List 2Q 2024”. The admission acknowledges Jinko’s quality as well as ambition to continue to be an integral part of the evolving solar […] Read more
Tata Power Delhi Distribution Ltd. Appoints Gajanan S. Kale As New CEO Updated On Mon, Apr 22nd, 2024 by Saurenergy Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, today announced the appointment of Gajanan Sampatrao Kale as the company’s new Chief Executive Officer (CEO), with effect from 19th April 2024. Kale joins after his predecessor, Ganesh Srinivasan moved to KEC International […] Read more
