Startup Feature – RACEnergy Updated On Thu, Feb 27th, 2020 by Saurenergy Brief details Total employees: 10 Key operational areas (Products, Regions, Clients): The company is making electric conversion kits for three-wheelers and battery swapping stations. It is targeting to launch its products in urban areas, especially Tier 1 cities. The company does direct sales to auto-rickshaw drivers and is also looking to partner with OEMs to […] Read more
I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni Updated On Thu, Feb 27th, 2020 by Saurenergy An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […] Read more
Rio Tinto to Invest $1 Billion to Meet new Climate Change Targets Updated On Thu, Feb 27th, 2020 by Saurenergy Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets and a company […] Read more
CEL Tenders for 1.6 MW Rooftop Solar Projects in Tamil Nadu Again Updated On Wed, Feb 26th, 2020 by Saurenergy CEL has issued its tender for setting up rooftop solar plants of cumulative capacity 1.6 MW on various government buildings in Tamil Nadu, again. Central Electronics Limited (CEL) has issued its tender for setting up of grid-connected solar PV rooftop power plants of cumulative capacity 1.6 MW ranging from 10 kWp and 50 kWp in […] Read more
Behind China’s Energy Transition-Huanghe Hydro’s Solar Shift Updated On Wed, Feb 26th, 2020 by Saurenergy As the energy transition picks pace, traditional energy firms worldwide have struggled to adapt. While the fossil fuel global majors have barely done a little better than actually resisting change, some others have been adapting, quietly. Be it India’s thermal giant NTPC with its plan to add 10 GW renewables generation capacity by 2024, or […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
BYD Receives Largest Order of Electric Buses in US History in LA Updated On Tue, Feb 25th, 2020 by Saurenergy The Los Angeles Department of Transportation (LA DOT) has placed the largest order for electric buses in US history with BYD for 134 buses. LA Mayor Eric Garcetti announced this week that the Los Angeles Department of Transportation (LADOT) has placed the largest order for electric buses in US history with BYD for 134 buses. […] Read more
EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
IPGCL Empaneling Firms for Setting up of Rooftop Solar Projects in Delhi Updated On Mon, Feb 24th, 2020 by Saurenergy IPGCL has issued a tender for the empanelment of vendors for setting up of rooftop solar system for residential consumers in the NCT of Delhi. The Indraprastha Power Generation Company (IPGCL) has issued a tender for the request for selection (RfS) for empanelment of vendors for setting up of rooftop solar (RTS) system for residential […] Read more