Magenta and BSES Sign MoU to Deploy EV Charging Solutions in Delhi Updated On Thu, Oct 7th, 2021 by Saurenergy Magenta, an Indian charge point operator (CPO) company, will be deploying innovative EV charging solutions in collaboration with BSES Rajdhani Power Limited and BSES Yamuna Power Limited, prominent power distribution companies in Delhi. BSES has been forging partnerships to promote e-mobility in the national capital in line with the state and central government objectives to […] Read more
KKR Backed Virescent Infra InvIT Raises Rs 460 Crores Updated On Wed, Sep 29th, 2021 by Saurenergy Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […] Read more
AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition Updated On Wed, Sep 22nd, 2021 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […] Read more
Supply Chain Issues Likely To Linger All Through 2021 And Beyond For Manufacturers Updated On Mon, Sep 13th, 2021 by Saurenergy The news from inverter manufacturer SMA Solar Technology of a miss on its guidance for 2021 on the back of undersupply of electronic components has not surprised anyone. The news is especially worrying for an industry that has otherwise been remarkably resilient in the wake of disruptions ever since Covid hit in early 2020. SMA’s […] Read more
CRH Study Makes The Case For India To Drop 27 GW of Planned Coal Fired Generation Updated On Wed, Sep 8th, 2021 by Saurenergy Yet another study, this time by Ember and Climate Research Horizons (CRH) has laid down a stark warning for India’s thermal power plans. The report released by the organisation states that based on analysis by Climate Research Horizons (CRH), 27 GW of pre-permit and permitted new coal power plant proposals are now “superfluous to requirements […] Read more
Hungarian Village Gets Mobile Energy Storage Unit Updated On Mon, Sep 6th, 2021 by Saurenergy German electric utility E.ON has been developing large-scale mobile and flexible battery storage systems (BESS) in Hungary to facilitate the integration of new green power plants into existing grids at short notice. Last week the company connected the third such mobile storage system to the local distribution grid in Dúzs. The move was part of the EU-funded […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
Mumbai’s Dadar West EV Charging Station Serves 20 Vehicles in Week 1 Updated On Mon, Aug 30th, 2021 by Saurenergy In Mumbai, so far 20 vehicles have used the EV charging station at the Kohinoor Building parking lot in Dadar West in a week since its inauguration on August 18, 2021 by State Environment Minister Aaditya Thackeray. “Environment-friendly electric vehicles are the need of the hour and charging facilities should be made available at various […] Read more
Ready For High Tide At Jakson Group Updated On Mon, Aug 30th, 2021 by Saurenergy At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […] Read more
