LG Energy, GM’s Sec. Ultium Cells Plant Begin Production In Tennessee Updated On Tue, Apr 2nd, 2024 by Saurenergy Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased […] Read more
IndiGrid Operationalises First Transmission project Updated On Tue, Apr 2nd, 2024 by Saurenergy KKR backed IndiGrid, India’s first and largest listed power sector infrastructure investment trust (InvIT), has announced the successful operationalisation of its first greenfield project – Kallam Transmission Limited (KTL) – at Beed, Maharashtra. The project was won by IndiGrid in December 2021 through the Tariff Based Competitive Bidding (TBCB) mechanism and has been developed on […] Read more
COVER STORY: India Gears Up For Solar Waste Recycling Challenge Updated On Mon, Apr 1st, 2024 by Saurenergy The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […] Read more
Xiaomi’s SU7 EV Launch- China’s Big Moment Arrives On Auto World Stage Updated On Mon, Apr 1st, 2024 by Saurenergy For years, the Chinese desire to grab pole position in the next phase of the automobile industry, or the transition to EVs, has been no secret. The sector offers the largest know manufacturing opportunity, and taken along with the many ancillary industries it supports, is a huge manufacturing multiplier for any economy. Witness how India’s […] Read more
ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan Updated On Mon, Apr 1st, 2024 by Saurenergy Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […] Read more
Torrent Power Secures 450 MW Wind-Solar Hybrid Project Updated On Mon, Apr 1st, 2024 by Saurenergy Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
Austria Development Bank Invests In RE Firm AMPIN Energy Updated On Sat, Mar 30th, 2024 by Saurenergy Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […] Read more
Luminous Moves Forward On Solar Panel Mfg. With 250 MW Panel Plant Updated On Thu, Mar 28th, 2024 by Saurenergy Leading energy solutions firm Luminous Power Technologies inaugurated its Solar Panel Factory in Rudrapur, Uttarakhand. The company claims the facility has cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish […] Read more
