ScottishPower Acquires 800MW Solar Portfolio in UK Updated On Mon, Jan 17th, 2022 by Saurenergy ScottishPower, owned by Spanish energy firm Iberdrola, has signed two deals to acquire 17 solar photovoltaic (PV) projects in Britain, with a combined capacity of more than 800 megawatts (MW), the company said on Friday. The deals take ScottishPower’s market share of Britain’s solar industry to 9% from 2%, the firm said. ScottishPower has bought […] Read more
Hydrogen Economy Hints at New Global Power Dynamics: IRENA Updated On Mon, Jan 17th, 2022 by Saurenergy Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […] Read more
Himachal Pradesh to Add 10GW RE Capacity by 2030: New Energy Policy Updated On Mon, Jan 17th, 2022 by Saurenergy With the approval of new energy policy by state cabinet on Friday, Himachal Pradesh has set the target of producing 10,000 MW additional green energy. Various provisions have also been made in the new energy policy to achieve the target of harnessing and commissioning 10,000 MW of hydro energy by 2030 to have an operational […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more
Hero MotoCorp Invests Rs 420 crore in Ather Energy Updated On Mon, Jan 17th, 2022 by Saurenergy Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […] Read more
Land and Liasioning – Solar/Wind Energy Updated On Fri, Jan 14th, 2022 by Saurenergy Acquisition of land for setting up of large wind/Solar projects related documentation, due diligence, title search reports and land maps, identify aggregators for smooth acquisition of land. Have now how of technical requirements and onsite land identification for Solar/Wind Power Stay updated with the application of state Land laws, Property laws and Local laws including […] Read more
EV Startup EVage Raises $28 M from RedBlue Capital Updated On Fri, Jan 14th, 2022 by Saurenergy Electric commercial vehicle startup EVage on Friday said it has raised $28 million (over Rs 205 crore) from US-based venture capital firm RedBlue Capital. The funding will allow EVage to complete its factory outside of Delhi in FY 2022-23 and scale up production, the company said. EVage supplies EV trucks to major delivery fleets, such […] Read more
Hero Electric to Offer New Loan Schemes to e-2w Buyers Updated On Fri, Jan 14th, 2022 by Saurenergy Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […] Read more
GE Renewable Energy to Install Turbines at 100MW Wind Farm in Gujarat Updated On Fri, Jan 14th, 2022 by Saurenergy Paris-based GE Renewable Energy on Thursday said that it will supply, install, and commission 37 wind turbines to a 99.90-megawatt (MW) wind power project in Gujarat, managed by Indian renewable energy group Continuum Green Energy. According to the official press release, the wind farm project will provide local businesses and consumers with clean energy. “We look […] Read more
