Volkswagen to Become World’s Largest EV Manufacturer by 2028 Updated On Thu, Jan 16th, 2020 by Saurenergy Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […] Read more
Altus Power Raises USD 850 Million to Expand Solar Portfolio Updated On Wed, Jan 15th, 2020 by Saurenergy Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […] Read more
NTPC Tenders for O&M of 50 MW Solar Project in Madhya Pradesh Updated On Wed, Jan 15th, 2020 by Saurenergy NTPC Ltd has issued a tender for undertaking the O&M services for its 50 MW solar power project in Madhya Pradesh for a period of 1 year. NTPC Ltd has issued a tender, inviting bids from eligible bidders for undertaking the operation and maintenance (O&M) services for its 50 MW grid-connected solar power project in […] Read more
IRENA and EBRD Sign Agreement to Strengthen Cooperation Updated On Tue, Jan 14th, 2020 by Saurenergy IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […] Read more
Tata Power, Jakson and L&T Winners in NTPC’S 1 GW Solar Auction Updated On Tue, Jan 14th, 2020 by Saurenergy NTPC Ltd has concluded the e-reverse auction for its 1,000 MW of solar tender under the DBDT program, awarding 560 MW capacity to three bidders. NTPC Ltd has concluded the e-reverse auction for its 1,000 MW of solar projects tender under the Develop Build Demonstrate (DBDT) program, awarding 560 MW capacity to three bidders. According […] Read more
Okaya Partners With IIT Delhi for “VRFB” Battery Research Updated On Mon, Jan 13th, 2020 by Saurenergy Okaya Power Group has announced that it has associated with IIT Delhi as an Industry Partner for a Vanadium Redox Flow Battery (VRFB) research project. Okaya Power Group (OPG), a leading battery and power backup products manufacturing company has announced that it has associated with IIT Delhi, the country’s premier institution of engineering and technology […] Read more
BHEL Tenders for O&M of 5 MW Solar Plant in Tamil Nadu Updated On Mon, Jan 13th, 2020 by Saurenergy BHEL has tendered for carrying out the O&M work on the firms’ 5 MW solar plant in Tamil Nadu. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible firms for carrying out the Operation and Maintenance (O&M) work on the firms’ 5 MW solar PV power plant at the Ranipet premises […] Read more
ADFD Approves Record $105 mn Funding for 8 RE Projects Updated On Mon, Jan 13th, 2020 by Saurenergy ADFD has approved USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project […] Read more
Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan Updated On Fri, Jan 10th, 2020 by Saurenergy Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […] Read more
