The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021 Updated On Tue, Mar 22nd, 2022 by Saurenergy UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […] Read more
Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025 Updated On Mon, Mar 21st, 2022 by Saurenergy Japan’s leading automaker and Indian market leader Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […] Read more
India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
E2S Power, IPCL Come Together for Energy Storage Solutions Updated On Thu, Mar 17th, 2022 by Saurenergy E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in India into thermal energy storage (TES) systems for renewable energy. E2S Power is a thermal energy storage solutions developer and IPCL is a power utility company. The twin objectives of […] Read more
The Top 5: Upcoming EVs of 2022 for India Updated On Thu, Mar 17th, 2022 by Saurenergy Recording a 168 percent increase in sales in 2021 over a year earlier, the Indian EV market is hyped up for a record 2022. As more and more Indian car manufacturers join the bandwagon for new battery-operated vehicles, it is also notable to see the ones that are still staying out, like market leader Maruti […] Read more
Reliance New Energy Ltd acquires assets of Lithium Werks BV Updated On Tue, Mar 15th, 2022 by Saurenergy Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […] Read more
