IL&FS Finally Completes Sale of 7 Wind Energy Assets to Orix Updated On Thu, Oct 17th, 2019 by Saurenergy IL&FS has completed the sale of its wind energy assets to Orix Corporation for Rs 4,900 crore, helping the company resolve its debt of over Rs 4,300 crore. After months of deliberations and seeking approvals, crisis-hit IL&FS has said that it has completed the sale of its seven wind energy assets to Orix Corporation of […] Read more
JERA to Invest in Offshore Wind Farm in Taiwan Updated On Fri, Oct 11th, 2019 by Saurenergy JERA has entered into an agreement with Macquarie Capital to acquire an equity interest in an additional offshore wind power project in Taiwan. Japanese power generator, JERA, which is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, has announced that it has entered into an agreement with Macquarie Capital […] Read more
Hanergy Looking to Establish Itself in the Solar Car Market Updated On Thu, Oct 10th, 2019 by Saurenergy Hanergy Glory Solar Technology has announced that it plans to raise USD 25 million for 10-20 percent of its company share to fund its solar car program Hanergy Glory Solar Technology, an EV startup has announced that it plans to raise USD 25 million for 10-20 percent of its company share to fund its solar […] Read more
Mitsubishi Electric Mulls for Solar-Powered New Plant in Gujarat Updated On Mon, Oct 7th, 2019 by Saurenergy The move came as it will help the company in supporting the expansion of environmentally friendly products in the Indian automotive market. Japanese electrical and electronic equipment maker Mitsubishi Electric Corporation is planning to set up a new plant in Gujarat, India. This new plant will be constructed on the premises of the multinational company’s subsidiary […] Read more
Siemens Gamesa Wins Deming Prize for Quality Standards in India Updated On Sat, Oct 5th, 2019 by Saurenergy Siemens Gamesa has won the coveted Deming prize for its industrial operations covering all four of its manufacturing units and support functions in India Siemens Gamesa, one of India’s leading renewable energy company, has been awarded the coveted Deming prize for its industrial operations covering all four of its manufacturing units and other support functions […] Read more
SmartE Inaugurates 2 new EV Charging Hubs in Delhi Updated On Sat, Oct 5th, 2019 by Saurenergy SmartE has successfully commissioned two new EV charging hubs in Delhi-NCR at the Rajouri Garden and Uttam Nagar Metro Stations. Delhi-based electric mobility service provider SmartE has announced that it has successfully commissioned two new electric vehicle (EV) charging hubs in Delhi-NCR at the Rajouri Garden and Uttam Nagar Metro Stations. The company announced that […] Read more
ADB Grants $37 Mn for Southeast Asia’s Largest Floating Solar Project Updated On Thu, Oct 3rd, 2019 by Saurenergy ADB has signed an agreement with DHD for the installation of a 47.5 MW floating solar facility which will be the largest such installation in Southeast Asia. The Asian Development Bank (ADB) has signed a USD 37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power (DHD) to finance the installation of a 47.5 […] Read more
India Could Become the Largest EV Market in the World: Report Updated On Thu, Oct 3rd, 2019 by Saurenergy A new report has revealed that India has the potential to become one of the largest EV markets in the world A new report has revealed that, India has the potential to become one of the largest electric vehicles (EV) markets in the world, with the government pushing for the segment in order to curb […] Read more
Canada, US to Reduce Dependence on China for Lithium and Other Rare Minerals Updated On Tue, Oct 1st, 2019 by Saurenergy Canada is in talks with the US to seek ways for both to reduce their dependence on China for rare earth elements, key minerals for high-tech products Canada is in talks with the United States to seek ways for both to reduce their dependence on China for rare earth elements, key minerals for high-tech products, […] Read more