KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
CERC Allows Petition Of Karur Transmission Ltd Updated On Thu, May 19th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) allowed on May 17 the petition of Karur Transmission Ltd that the transmission charges for the project should be adopted because it was selected through a competitive bidding process. Karur Transmission Ltd had moved the CERC to examine whether the process as per provisions of the guidelines has been […] Read more
Skoda Auto Begins Production of MEB Battery Systems Updated On Thu, May 19th, 2022 by Saurenergy Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
EVRE Installs First residential EV Charging Station in Delhi Updated On Wed, May 18th, 2022 by Saurenergy EVRE has installed its first dedicated charging station for the electric vehicles in a residential society in East Delhi. EVRE claims itself to be one of India’s leading EV charging Infratech companies. The maiden charging station of EVRE at the Nagarjuna Apartments in Mayur Vihar area is fitted with EVRE Infinity EV Charger. The EVRE […] Read more
Germany’s Third Rooftop PV Tender Earns Price Of Rs 6.96/kWh Updated On Wed, May 18th, 2022 by Saurenergy Germany’s solar procurement exercise has come to its end with the final prices hitting €0.07/Rs 5.71 ($0.073)/kWh to €0.0891/kWh. Results of third tender for rooftop PV projects ranging in size from 300 kW to 750 kW are out. Reviewing 171 bids with a total capacity of 212 MW, Germany’s Federal Network Agency (Bundesnetzagentur) selected 163 […] Read more
Danfoss India Launches First Privately Owned Grid Scale Energy Storage System Updated On Wed, May 18th, 2022 by Saurenergy Danish owned Danfoss India recently opened India’s first privately owned and operated grid-scale battery-based Energy Storage System (ESS) at its Oragadam campus in Chennai to store the excess energy generated by renewables (solar power plant) installed inside the campus. The ESS has been engineered using Danfoss’ sustainable Drives technology, according to a statement. Jurgen Fischer, […] Read more
ACEN, Puri Usaha Group partner to develop RE in Indonesia Updated On Wed, May 18th, 2022 by Saurenergy Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […] Read more
Saint-Gobain and Sembcorp Collaborate for Green Power Capacity Building Updated On Wed, May 18th, 2022 by Saurenergy Saint-Gobain India and Green Infra Wind Energy Ltd (GIWEL) have signed a long-term wind-solar hybrid energy supply agreement. GIWEL is a subsidiary of Sembcorp Green Infra’s (SGIL) which itself is a wholly owned subsidiary of Sembcorp Industries. Supporting the commitment of Saint-Gobain to achieve carbon neutrality by 2050, Sembcorp will supply 33MW of locally sourced […] Read more
