India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum Updated On Tue, Nov 30th, 2021 by Saurenergy Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […] Read more
Recycling Co Plans EV Charging Pts, Battery Swapping Stns in Delhi-NCR Updated On Tue, Nov 30th, 2021 by Saurenergy Marking its foray into the domestic electric vehicle (EV) space, Nupur Recyclers on Monday said it plans to set up 200 EV charging points and several battery swapping stations in association with EVI Technologies. The installation of these ubiquitous charging points has already commenced from Dwarka in South West Delhi and will shortly be expanded […] Read more
Darwin Platform Group Launches Three New E-scooters Updated On Wed, Nov 24th, 2021 by Saurenergy Darwin Platform Group of Companies (DPGC) on Monday announced its foray into the electric mobility space with plans to invest nearly Rs 450 crore on product development, as per media reports. As part of the initiative, the group’s EV venture Darwin EVAT launched three electric scooters — D-5, D- 7 and D-14 — priced at […] Read more
Canadian Firm Closes $10M Series A to Expand Lithium Refining Capacity Updated On Tue, Nov 23rd, 2021 by Saurenergy Mangrove Lithium, a Vancouver based company, has closed a USD $10 million Series A investment round led by Breakthrough Energy Ventures (BEV) with participation from existing investor BDC Capital’s Cleantech Practice (BDC). The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western […] Read more
IEX Announces Resumption of REC Trading From Nov 24 Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […] Read more
Meridian to Sell Aussie Biz to Shell & ICG Consortium for $5278 M Updated On Mon, Nov 22nd, 2021 by Saurenergy New Zealand electricity generator and retailer Meridian Energy is selling its Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell and Infrastructure Capital Group (ICG) for A$729 million ($527.80 million), subject to possible adjustment depending on the timing of completion. On completion, Shell will become the owner of […] Read more
US Firm BILITI Electric Unveils New EV with Battery Swapping Tech Updated On Thu, Nov 18th, 2021 by Saurenergy US-based BILITI Electric, a manufacturer of compact electric vehicles, has introduced the GMW Taskman, its electric vehicle with SmartSwapp battery technology, to North America at the AutoMobility event in Los Angeles. The vehicle has a certified range of 110 miles and is designed for commercial last-mile deliveries. The SmartSwapp technology enables the user to simply […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
