American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
India Needs Rs 33,750 Cr To Set Up Li-ion Cell, Battery Mfg Plants: CEEW Updated On Wed, Feb 22nd, 2023 by Saurenergy Lithium is now a crucial element that would drive the world towards energy transition in a major way. In a recent study -‘How can India indigenise lithium-ion battery manufacturing?’ released by the Council on Energy, Environment and Water (CEEW) said that India needs investments to the tune of Rs 33,750 crore to achieve the government […] Read more
“EV Policies At State & Central Level In India Are Very Encouraging”, Pankaj Goyal, Autonxt Automation Updated On Tue, Feb 21st, 2023 by Saurenergy The focus on EVs was accelerated from 2013 with the announcement of the National Electric Mobility Mission Plan 2020 (NEMMP), followed by FAME – I and II subsequently. India has now gained good momentum on the EV deployment with a focus on all segments 2W, 3W, commercial vehicles, and of course passenger vehicles (PVs) all […] Read more
Totalenergies, Corio Collaborate for Offshore Wind in Taiwan Updated On Mon, Feb 20th, 2023 by Saurenergy Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in […] Read more
Romania Gets €259 Million EU Aid for Solar Panels & Battery Production Updated On Fri, Feb 17th, 2023 by Saurenergy Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […] Read more
As More States Define EV Policies, Consistency and Relevance Key To Impact-Climate Trends Updated On Fri, Feb 17th, 2023 by Saurenergy Enabling policies both at national and state level have made the environment conducive for e-mobility in India. The figures speak for themselves. Of the 36 states and Union Territories in the country, 26 have released EV policies over the last 5 years, with 16 of them being released between 2020 and 2022. A study by […] Read more
EV Manufacturers Optimistic About New EV Policy Announced by Tamil Nadu Updated On Wed, Feb 15th, 2023 by Saurenergy Last month, when most States began the year on a note of optimism around EVs, uncertainty loomed large over Tamil Nadu’s EV sector. The State, which had offered multiple incentives for EVs, fell silent on the extension of the same, which concluded on December 31, 2022. This, of course, was followed by worry from EV […] Read more
The Story of Yichun: The Lithium Capital of Asia Updated On Wed, Feb 15th, 2023 by Saurenergy Yichun is a mountainous prefecture-level city in western/northwestern Jiangxi Province, China, bordering Hunan to the west. The city is famously known as the Lithium Capital of Asia, as a result of the mammoth availability of the resource in the region. The city produced around 81,000 tons of lithium carbonate in 2021 – more than a […] Read more
Vestas Gets Wind Turbine Order for 68 MW for Estonian Project Updated On Tue, Feb 14th, 2023 by Saurenergy Danish wind turbine manufacturer Vestas has announced that it has received a 68 MW order from Dirkshof Estonia OÜ to power the Aidu project in Estonia. Dirkshof Estonia OÜ is a German wind energy developer and service provider. Vestas held that the order includes supply, installation, and commissioning of 15 V150-4.5 MW turbines. It has […] Read more
