Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW Updated On Thu, Oct 24th, 2019 by Saurenergy Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […] Read more
MHI Vestas Selected for Scotland’s 1.1 GW Offshore Wind Farm Updated On Thu, Oct 17th, 2019 by Saurenergy MHI Vestas has been selected to supply and service up to 114 wind turbines for the 1.1 GW Seagreen Offshore Wind Farm in Scotland MHI Vestas has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm, […] Read more
Pattern Energy Completes Largest Single-Phase Wind Project in Canada Updated On Wed, Oct 16th, 2019 by Saurenergy Pattern Energy has announced the completion of the 300 MW Henvey Inlet Wind power facility in Canada. Pattern Energy and Nigig Power Corporation have announced the completion of the 300-megawatt (MW) Henvey Inlet Wind power facility in Ontario, Canada. Pattern Development and Nigig Power Corporation, a wholly-owned subsidiary of Henvey Inlet First Nation, are joint venture […] Read more
Ratan Tata to Invest in Pune-Based EV Startup Tork Motors Updated On Tue, Oct 15th, 2019 by Saurenergy Ratan Tata will invest an undisclosed amount in Pune-based EV startup Tork Motors Ratan Tata, chairman emeritus Tata Sons and an active angel investor has decided to invest an undisclosed amount in Pune-based electric motorcycle startup Tork Motors, the startup announced through its channels recently. ev The firm has been readying for the launch of […] Read more
KUSUM Scheme Greatest Setback for Small Manufacturers: Vikas Jain Updated On Wed, Oct 9th, 2019 by Saurenergy KUSUM scheme will be the greatest setback for Indian solar manufacturers in the SME/MSME category. Small manufacturers are not eligible to meet the qualifying turnover condition for the scheme. KUSUM scheme was long awaited but we are highly disappointed to see the terms. We have already submitted our representation to the concerned authorities, says Vikas […] Read more
Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead Updated On Thu, Oct 3rd, 2019 by Saurenergy With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […] Read more
Vestas Unveils Wind Turbine Contracts Worth 1316 MW in the US Updated On Thu, Oct 3rd, 2019 by Saurenergy Vestas has announced the signing of 5 new wind turbine delivery agreements in the US worth a combined capacity of 1316 MW Vestas has announced the signing of multiple new wind turbine agreements for projects due to be developed in the United States (US). In total, the company has announced 5 deals worth a combined […] Read more
100% Renewables, Beyond the Grid – Aspiration or Destination? : Survey Updated On Thu, Oct 3rd, 2019 by Saurenergy In August 2019, Deloitte surveyed 308 executives across multiple industries in the private and public sectors to understand these organizations’ paths in the transition to renewables, their goals and procurement strategies and the challenges they face. Driven by economic incentives and mounting external pressures for organizations to decarbonise their energy supply, the renewable energy transition […] Read more
