China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
Shakti Pumps Buoyant on Govt’s Scheme for Solar Irrigation Pumps Updated On Wed, Jul 24th, 2019 by Saurenergy As per the government sources, the project envisages implementation of overall 2.75 lakh agricultural pumps for FY 2019-20, the company added. One of the leading water pumps and motors makers Shakti Pumps India Ltd is quiet optimistic about the government’s mega scheme called Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM), for boosting use of solar-powered […] Read more
Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023 Updated On Wed, Jul 24th, 2019 by Saurenergy A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
Renault Forms JV for Electric Vehicles in China Updated On Fri, Jul 19th, 2019 by Saurenergy Renault and JMCG have announced the establishment of their joint venture to further promote the development of Electric Vehicles industry in China Groupe Renault and Jiangling Motors Corporation Group (JMCG) have announced the establishment of their joint venture to further promote the development of the Electric Vehicles industry in China following their first agreement on […] Read more
KSL Cleantech Planning Rs 200 cr Investment in EV Venture Updated On Mon, Jul 15th, 2019 by Saurenergy KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers through its EV Venture Kolkata-based KSL Cleantech plans to invest around Rs 200 crore in the next three years on the development of electric two- and three-wheelers and expanding manufacturing capacity besides sales and […] Read more
Vestas to Establish Nacelle and Hub Assembly Factory in India Updated On Thu, Jul 11th, 2019 by Saurenergy To expand its supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai The global demand for wind energy continues to grow both in volume and the number of markets where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs. To address […] Read more
EIB, Amundi Launch €1Bn Financing Program for European Energy Transition Updated On Wed, Jul 10th, 2019 by Saurenergy Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […] Read more