Doors now Open for Offshore Wind Energy in Poland Updated On Fri, Jul 3rd, 2020 by Saurenergy The Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind energy in Poland”. On July 1, 2020 representatives of the Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind power in Poland”. The […] Read more
Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis Updated On Fri, Jul 3rd, 2020 by Saurenergy Mercedes-Benz has formed a strategic partnership with the Chinese battery cell manufacturer Farasis and is also taking an equity stake in the company. Mercedes-Benz has announced it is taking another important step on its journey towards CO2-neutral mobility. The Stuttgart-based luxury car manufacturer has launched a far-reaching strategic partnership with the Chinese battery cell manufacturer […] Read more
IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal Updated On Thu, Jul 2nd, 2020 by Saurenergy IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […] Read more
Suzlon Completes Debt Restructuring With Rs 392 Crore Infusion Updated On Thu, Jul 2nd, 2020 by Saurenergy Suzlon Group has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. Indian wind energy major Suzlon has announced that it has successfully completed its debt restructuring, following a cash infusion of Rs 392 crore by its key promoters and shareholders. In May, the group […] Read more
We would like to contribute to the success of “Make in India” and the growth of solar in India: Sunil Badesra Updated On Wed, Jul 1st, 2020 by Saurenergy Its 3 GW manufacturing plant in India is the only one outside China for Sungrow. 2 years later, the investment has been vindicated, with the plant serving the domestic as well as export market successfully. We caught up with Sunil Badesra, Business Head, Sungrow India on the story so far. Tell us about the Sungrow […] Read more
Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions Updated On Wed, Jul 1st, 2020 by Saurenergy Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […] Read more
Let’s Make India The Recycling Hub Of The World: Rajat Verma Updated On Wed, Jul 1st, 2020 by Saurenergy As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […] Read more
Bank of America and Duke Energy Agree PPA for 25 MW Solar Power Updated On Tue, Jun 30th, 2020 by Saurenergy Bank of America is partnering with Duke Energy to further expand its renewable energy commitment by powering its Charlotte operations with solar energy. Bank of America has announced today that it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
