Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
UK’s Osprey Charging Collaborates with British Garden Centres for EV Charging Updated On Fri, Sep 9th, 2022 by Saurenergy British Garden Centers has partnered with Osprey Charging, a UK-based provider of quick electric vehicle (EV) charging, to offer EV charging at its UK locations. Osprey’s rapid chargers can extend an EV’s range by 100 miles in just 20 to 30 minutes, perfectly complementing the dwell time at garden centers and enabling consumers to recharge […] Read more
World EV Day: EV Market Closing Gap With ICE Vehicle Market Updated On Fri, Sep 9th, 2022 by Saurenergy It is that time – September 9, World EV Day. The day is marked as a significant event for the world that looks towards a future of clean transport. World EV Day is a global movement, a day of celebration of e-mobility, and a day to shift the transition to sustainable transport with consumer, business […] Read more
Steel Maker Viraj Profiles Goes With TPREL For 100 MW Captive Solar Plant Updated On Thu, Sep 8th, 2022 by Saurenergy Tata Power Renewable Energy Limited (TPREL), one of India’s largest integrated renewable energy companies and a subsidiary of Tata Power, has collaborated with Indian Stainless Steel manufacturer – Viraj Profile Private Limited, to set up a 100 MW captive solar plant. The plant will be developed by Tata Power at Nandgaon at its Nasik site […] Read more
Amplus Solar Adds Mahindra’s Three-Wheeler EV Zor Grand To Mobility Fleet Updated On Thu, Sep 8th, 2022 by Saurenergy The electric mobility vertical of Amplus Solar has signed an MoU with Mahindra Electric to procure Zor Grand, which Mahindra claims to be its brand-new breakthrough three-wheeled electric vehicle. Amplus Solar is a member of the Malaysia-based Petroliam Nasional Berhad (PETRONAS) group and is headquartered in Gurugram, India. Amplus Solar held that with this addition, […] Read more
WAAREE Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […] Read more
KMF Invites Proposals for 100 MW Solar Project in Open Access Group Captive Mode Updated On Thu, Sep 8th, 2022 by Saurenergy Karnataka Cooperative Milk Producer’s Limited (KMF) has invited proposals to provide project management consultancy services to assist the federation in setting up an approximately 100 MW group captive open access solar power project. The last date for submitting the online bid is October 4, 2022, and the bids will be opened on October 7, 2022. […] Read more
Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy Updated On Thu, Sep 8th, 2022 by Saurenergy State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […] Read more
