LG Energy Solution Vertech Secures 10 GWh ESS Project in US Updated On Fri, Dec 22nd, 2023 by Saurenergy LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
Sabarmati Multi Modal Transit Hub Develops 700 kWp Rooftop Solar Plant Under RESCO Mode Updated On Fri, Dec 22nd, 2023 by Saurenergy The Sabarmati Multi Modal Transit Hub building in Ahmedabad, Gujarat has installed 700 kWp Solar Power Plant under the (Renewable Energy Service Company) RESCO mode. It claims that this is the first time that Gujarat developed – Roof-Top Solar Plant under RESCO Mode. The Sabarmati hub is a multi-modal transit building which will provide seamless […] Read more
European Union Invests €2 Billion In Clean Energy Infrastructure Projects Updated On Thu, Dec 21st, 2023 by Saurenergy The European Union (EU) recently disbursed modernization fund, of €2.17 billion to help the energy within nine Member States through 19 selected projects. These investments are set to help lower-income EU countries to meet their 2030 climate and energy targets. It will help to reduce greenhouse gas (GHG) emissions in energy, industry and transport, and […] Read more
Motovolt, German Firm Swobbee In Tie-up For Battery Swapping Stations Updated On Wed, Dec 20th, 2023 by Saurenergy Motovolt Mobility Pvt. Ltd, an e-mobility brand, has collaborated with German climate-tech firm Swobbee to establish 200 battery swapping stations across India within the next 24 months. This partnership aims to address the challenges associated with electric vehicles (EVs), with a primary focus on battery charging time, cost, and life to elevate the overall user […] Read more
Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023 Updated On Wed, Dec 20th, 2023 by Saurenergy The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade. Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […] Read more
Saudi’s ACWA Power in PPA with South Africa for Dispatchable RE Project of 150 MW Updated On Wed, Dec 20th, 2023 by Saurenergy Saudi-based clean energy firm ACWA Power, has entered into a Power Purchase Agreement (PPA) for a project known as, ‘ACWA Power Project DAO’ to be established in South Africa. The initiative is for a dispatchable renewable hybrid plant of 150 MW capacity. The signatories of the agreements included Gwede Mantashe, Minister of Mineral Resources and […] Read more
Panasonic Selects 12 Startups as Part of Corporate Accelerator Program Updated On Tue, Dec 19th, 2023 by Saurenergy Panasonic Life Solutions India (PLSIND) and Panasonic Corporation (PC) in collaboration with a leading seed stage venture capital (VC) – 100X.VC announced the shortlist of 12 start-ups from over 140 entries received for the ‘Panasonic Ignition’ Corporate Innovation accelerator program. Panasonic aims to mentor, guide, and fund early to mid-stage startups that are creating innovative […] Read more
Ultratech To Not Pay Unnecessary Charges For Captive Solar Plant: RERC Updated On Tue, Dec 19th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest judgement exempted Ultratech and its Special Purpose Vehicle (SPV)-Amplus Dakshin Private Limited (ADPL) against payment of cross subsidy, water cess and other charges for a captive solar plant based in Rajasthan. As per the petition of Ultratech Cement Limited (UTCL), ADPL was incorporated as a SPV […] Read more