Osaka Scoops 350-MW Solar Portfolio From EE North America Updated On Wed, May 17th, 2023 by Saurenergy European Energy subsidiary EE North America has announced that it has signed an agreement to sell a 350-MW utility-scale solar project in Texas to Osaka Gas USA Corporation (OGUSA). The solar power project is expected to be operational in 2025. OGUSA is a wholly owned subsidiary of Osaka Gas Co., Ltd., one of the largest […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Satyen Sail Takes Over as Mobility Business Head at Magenta Mobility Updated On Thu, May 11th, 2023 by Saurenergy Satyen Sail has been appointed as the new Mobility Business Head at Magenta Mobility, a provider of electric mobility solutions. Satyen brings to the table more than 27 years of work experience that entails working with Coca-Cola, Vodafone, Kingfisher, and Reliance. Prior to his role at Magenta, Satyen looked after fleet operations with Lithium Urban […] Read more
Power Grid (PGCIL) Issues Tender For 2.5 GW Solar Power Supply In Bidar-Karnataka Updated On Thu, May 4th, 2023 by Saurenergy The Power Grid Corporation of India Ltd (PGCIL) has issued tender for the development of transmission line package or 765 kV class Reactor package for pooling station at Bidar under Transmission Scheme for Solar Energy Zone in Bidar (2500 MW), Karnataka. The successful bidder in the PGCIL tender will be responsible for project’s designing, engineering, […] Read more
KSERC Allows Cochin Port Authority To Re-Tender For 1.5MWp Floating Solar Updated On Wed, May 3rd, 2023 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) has allowed Cochin Port Authority to re-tender for the development of 1.5 MWp Grid Connected Floating Solar PV plant at Willingdon Island of the Port Authority under RESCO Model (BOOT) for 25 years. The court also allowed PPA for the 1.5 MWp Floating Solar and grid-connection of the […] Read more
Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption Updated On Tue, May 2nd, 2023 by Saurenergy Lohum, a producer of sustainable energy transition materials, and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […] Read more
GUS Technology Opens Taiwan’s First Battery Gigafactory Updated On Tue, May 2nd, 2023 by Saurenergy GUS Technology has inaugurated and opened Taiwan’s first battery gigafactory in Jhongli Industrial Park. The firm’s facility will help in Taiwan’s lithium battery industry reach a new milestone. GUS Technology focuses on lithium titanate (LTO) and NCM material systems. The factory entered into the design, development, and manufacturing of battery modules for EVs and energy […] Read more
MNRE Outlines Calendar For 50 GW RE Tenders Updated On Wed, Apr 26th, 2023 by Saurenergy In a measure of intent that is as strong as it can get, the MNRE (Ministry of New and Renewable Energy) has published a full calendar for the financial year FY23-24, outlining the bidding targets for the 4 key central implementing agencies. These include SECI, NTPC, NHPC and SJVN. Adding up to the announced target […] Read more
How EVs Are Changing The Auto Sector Updated On Tue, Apr 25th, 2023 by Saurenergy In recent years, India has made rapid progress towards the adoption of electric vehicles (EVs) in the transportation sector. The movement started when the government announced an ambitious plan to achieve 30% EV penetration by 2030. The first major step was the introduction of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Scheme in […] Read more