Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Toyota, Panasonic Form JV Specialising in Prismatic Batteries Updated On Mon, Feb 3rd, 2020 by Saurenergy Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […] Read more
KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers Updated On Mon, Feb 3rd, 2020 by Saurenergy Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […] Read more
Waaree ESS Inks Supply Pact with GreenVolt Mobility for Li-Ion Batteries Updated On Sat, Feb 1st, 2020 by Saurenergy With an aim to contribute towards India’s electric vehicle (EV) revolution, Waaree ESS Pvt Ltd, a Mumbai-based startup company engaged in the manufacturing of Lithium-Ion (Li-Ion) batteries, on Saturday said that it has entered into a partnership with GreenVolt Mobility, Ahmedabad-based EV startup. As per the agreement signed, Waaree ESS will supply its Li-Ion batteries […] Read more
EY Announces Commitment to be Carbon Neutral by end of 2020 Updated On Fri, Jan 31st, 2020 by Saurenergy EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. The commitment reflects the firms’ focus towards becoming a […] Read more
BHEL Tenders for O&M of 1.7 MW Solar Plant in MP Updated On Fri, Jan 31st, 2020 by Saurenergy BHEL has issued a tender for undertaking the O&M of a 1.7 MW solar power plant in Bina, Madhya Pradesh. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible vendors for undertaking the operation and maintenance (O&M) of a 1.7 MW solar power plant in Bina, Madhya Pradesh. The scope of […] Read more
UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles Updated On Thu, Jan 30th, 2020 by Saurenergy UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […] Read more
Boson Robotics Sees Opportunity in India Updated On Sat, Jan 25th, 2020 by Saurenergy One of the biggest challenges in maintaining a solar farm is the issue of cleaning. Keeping the panels clean can make a huge difference to productivity of solar power, especially at utility scale. That has led to the emergence of firms specialising in the job. It wasn’t long though, before a Chinese firm started to […] Read more
EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India Updated On Thu, Jan 23rd, 2020 by Saurenergy The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […] Read more
