EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK Updated On Fri, Dec 9th, 2022 by Saurenergy Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh […] Read more
Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
France’s Proparco Invests $10 Million in Sun King’s Solar Kit Business in Africa Updated On Thu, Dec 8th, 2022 by Saurenergy Proparco, a division of the French Development Agency (AFD) group, invested in a $10 million green bond that will be lent to Sun King, an African solar kit retailer. The Swiss impact investor Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have already been […] Read more
West Bengal Aims for 1000 E-Charging Stations in Next 2 Years Updated On Thu, Dec 8th, 2022 by Saurenergy The West Bengal government said that it plans to install 1,000 EV charging stations within the next two years to promote the use of more environmentally friendly cars. According to S Suresh Kumar, Additional Chief Secretary of Power, West Bengal, “People aren’t purchasing EVs because of their expensive price and lack of charging infrastructure. We […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
Float by eBikeGo Reimagines EV in Hospitality Updated On Tue, Dec 6th, 2022 by Saurenergy Noida-based eBikeGo electric two-wheeler mobility platform will soon introduce a new business model called “Float by eBikeGo”. This is an initiative to provide EV two-wheelers for visitors at various hotels and resorts in tourist areas. The tourism industry has recovered and experienced tremendous development following the simultaneous lockdown caused by the COVID 19 pandemic in […] Read more
EV 2W Firm BikeWo Launches New Showroom in Ahmedabad Updated On Fri, Dec 2nd, 2022 by Saurenergy The EV two-wheeler company BikeWo from Telangana will establish a presence in Gujarat by building its first showroom there on November 28, 2022. Nirmal Joshi, Bhupendra Singh Sisodia, the showroom’s co-founders Vidhya Sagar Reddy and Saral Talwar, as well as other members of the company’s top management, officially opened the new M/s Apna Motocorp BikeWo […] Read more
Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
Bengaluru’s SUN Mobility Looks Ahead With Fastest Charging Station in World Updated On Thu, Dec 1st, 2022 by Saurenergy Investments in the EV sector are growing by the minute. In 2021, the sector saw investments worth $6 Bn. This number is expected to more than triple to $20 Bn by 2030. Against this backdrop, it’s no surprise that emobility firms are eyeing big projects and chasing gigantic targets. Bengaluru’s SUN Mobility, a leading provider […] Read more
