Azelio Signs MoU With Atria Power for 65 MW Storage in India Updated On Fri, Sep 4th, 2020 by Saurenergy Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […] Read more
Overall Electricity Demand Nearly at pre-Covid Levels: ICRA Updated On Thu, Sep 3rd, 2020 by Saurenergy The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
Total, Macquarie to Work on 2 GW Floating Offshore Wind Portfolio in S Korea Updated On Wed, Sep 2nd, 2020 by Saurenergy Total and Macquarie GIG have concluded a 50/50 partnership to develop a portfolio of 5 large floating offshore wind projects (2 GW) in South Korea Total and Macquarie Green Investment Group (GIG) have concluded a 50/50 partnership to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated […] Read more
Amp Energy India Appoints Surendra Gupta as Director and CFO Updated On Wed, Sep 2nd, 2020 by Saurenergy Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […] Read more
Amazon Adds 1800 EVs From Mercedes-Benz to its Delivery Fleet in Europe Updated On Tue, Sep 1st, 2020 by Saurenergy Amazon has announced that it is adding more than 1800 electric vehicles (EVs) from Mercedes-Benz Vans to its delivery fleet in Europe this year. Global e-commerce major Amazon has announced that it is adding more than 1800 electric vehicles (EVs) from Mercedes-Benz Vans to its delivery fleet in Europe this year. Both the firms have […] Read more
After Gurugram, E-bike Startup Yulu Starts Operations in Mumbai Updated On Tue, Sep 1st, 2020 by Saurenergy Yulu as part of its MoU with MMRDA on January 31, 2020, is providing a total of 500 e-bikes at 25 different locations across Mumbai. Bengaluru-based electric bike-sharing platform Yulu has started its services in and around BKC, and Bandra East and Kurla stations in Mumbai. Backed by Bajaj Auto, the two-year-old startup had entered […] Read more
Schneider Electric Acquires Electrical & Automation Business of L&T Updated On Tue, Sep 1st, 2020 by Saurenergy Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […] Read more
Suzlon Reports net Loss of Rs 399 Crore, Firm Still Positive Updated On Mon, Aug 31st, 2020 by Saurenergy Suzlon has reported that its net loss has widened to Rs 399 crore, but the Group and its key executives are positive the firm will bounce book soon. Suzlon Group, one of India’s largest renewable energy solutions providers has announced its first-quarter results for the financial year 2020-21 (Q1 FY21). The firm has reported that […] Read more