“There is no scheme for ore-refining, converting them into cathode materials” Rajat Verma, CEO & Founder, Lohum Updated On Wed, Mar 1st, 2023 by Saurenergy Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
Servotech Penetrates Middle-East & Africa Markets with EV Charging Solutions Projects Updated On Mon, Feb 20th, 2023 by Saurenergy EV charger manufacturer and solar solutions provider Servotech Power Systems has recently announced a partnership with Dubai’s Al Ansari Motors LLC, a firm in motor vehicles and accessories trading. Under the partnership, Servotech will offer EV charging solutions to Middle Eastern and African markets. The charging solutions will include AC and DC EV chargers. The […] Read more
In Double Delight For RE Developers, R.K. Singh Confirms ALMM Exemption, CERC Relaxes DSM Conditions Updated On Sun, Feb 12th, 2023 by Saurenergy The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference, Singh, while taking credit for introducing the idea of expanding […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
