Akshay Hiranandani Takes Over the Reins of Serentica Renewables as CEO Updated On Wed, Apr 19th, 2023 by Saurenergy A decarbonisation platform that looks to accelerate the energy transition for energy-intensive industries, Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Hiranandani will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, said, “We are elated to have […] Read more
Beyond Batteries: Hydrogen Combustion Engine, A Viable Alternative for Clean Mobility Updated On Mon, Apr 17th, 2023 by Saurenergy Electric vehicles running on battery-powered electricity are not just a future concept anymore. The new electric vehicle sales surpassed the 10 million mark worldwide in 2022 and it seems likely that sooner or later EVs will replace the conventional ICE mobility options. However, bottlenecks impeding EV growth and the technological advancements in using hydrogen as […] Read more
Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
Navitas Solar Onboards MECpower as Sole Distributor for Gujarat Updated On Thu, Apr 13th, 2023 by Saurenergy Surat-based module manufacturing firm Navitas Solar has onboarded Vadodara-based MECpower Solutions Ltd., a provider of end-to-end solutions in the renewable energy segment, as its sole distributor for solar modules for the Gujarat region. With this collaboration, Navitas has set sights on tapping the huge potential the state offers in the solar power space and expanding […] Read more
Siemens Gamesa To Supply Turbines For 166-MW Wind Farm In Andhra Updated On Wed, Apr 12th, 2023 by Saurenergy As India looks hawkish on the renewable energy expansion to achieve its 2030 target, Siemens Gamesa has announced to have signed a deal with AM Green Energy Private Limited (AMGEPL) where it will supply 46 wind turbines for a capacity of 166 MW of wind project about to come up in the state of Andhra […] Read more
ICRIER Report Bats For Establishing Green State Investment Banks For Clean Tech Financing Updated On Mon, Apr 10th, 2023 by Saurenergy A latest Policy Paper released by the International Council for Research on International Economic Relations (ICRIER), a think-tank on Clean Energy Finance, batted for establishing a green state investment bank (SIB) to finance new clean energy technologies. The think tank released the paper ahead of the G-20 meeting in India to attract its stakeholders on […] Read more
ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin Updated On Mon, Apr 10th, 2023 by Saurenergy EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […] Read more
496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds Updated On Mon, Apr 10th, 2023 by Saurenergy Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […] Read more
