5 Best Lithium Battery Recycling Firms for the New EV World Updated On Tue, Feb 22nd, 2022 by Saurenergy The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […] Read more
REC Power Development Seeks Consultant for Floating Solar Park in Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited online bids for the selection of technical consultant who would provide consultancy services for a floating solar project located in New Delhi. The last date for the submission of e-bids is February 25, 2022, till 3 PM. REC Limited, formerly Rural […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Israeli RE Investor Econergy Secures €200 M for JVs in Poland, Romania Updated On Tue, Feb 22nd, 2022 by Saurenergy Renewables investor Econergy Renewable Energy has announced that it has secured two joint ventures to support the development of renewable energy projects in Poland and Romania. The joint ventures are with Israel’s Phoenix Insurance and French asset manager RGreen Invest, totalling more than 200 million euros ($227 million), Econergy said in a statement. Phoenix Insurance […] Read more
Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power Updated On Tue, Feb 22nd, 2022 by Saurenergy The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […] Read more
Azure picks Ecoppia for hybrid project of 400MW Updated On Tue, Feb 22nd, 2022 by Saurenergy Israeli based Ecoppia, a world leader in robotic cleaning solutions for photovoltaic solar, has announced a significant milestone in India, with the firm signing a ‘first ever’ hybrid project of 400MW with renewable developer Azure Power. This complex project, combined of two types of installations – fixed tilt and Single Axis Trackers (SAT), along with […] Read more
RWE, Tata Power to Jointly Explore Offshore Wind Potential in India Updated On Mon, Feb 21st, 2022 by Saurenergy RWE and Tata Power have agreed on a partnership to explore the potential for the joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, which is one of India’s largest integrated power companies, and […] Read more
Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
