KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
Fortum Charge-Plug Mobility To Boost Indian EV Charging Infra for 4Ws Updated On Wed, Dec 8th, 2021 by Saurenergy Plug Mobility from Carzonrent India Private Limited, an Electric Vehicle Mobility as a Service brand, has partnered with Fortum Charge & Drive India Pvt. Ltd. (Fortum C&D), a Nordic Electric Vehicle (EV) charging service provider, to provide charging infrastructure for Carzonrent fleet of 19000 cars to be inducted over the next 5 years across India. […] Read more
EV Solutions Firm Magenta Invests in EV Component Maker Axiom Updated On Wed, Dec 8th, 2021 by Saurenergy Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s oldest EV component manufacturers, said an official statement. With the Magenta Axiom investment and partnership, plans are afoot to develop a greenfield manufacturing setup dedicated to EV powertrain components, including chargers, convertors, […] Read more
NITI Aayog & Partners Launch India’s 1st E-bus Coalition Updated On Wed, Dec 8th, 2021 by Saurenergy NITI Aayog has launched the e-Sawaari India Electric Bus Coalition in partnership with Convergence Energy Service Limited (CESL) and World Resources Institute, India, (WRI India), and supported by Transformative Urban Mobility Initiative (TUMI). Through the e-Sawaari India Electric Bus Coalition, the central-, state-, and city-level government agencies, transit service providers, original equipment manufacturers (OEMs), financing […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
Greenko, John Cockerill Partner on Green H2 Initiatives in India Updated On Wed, Dec 8th, 2021 by Saurenergy Greenko Group, a Hyderabad-based cleantech firm, and John Cockerill, manufacturer of alkaline electrolysers in Belgium, on Tuesday said they have signed an exclusive agreement to jointly develop market initiatives for green hydrogen electrolyzers in India. According to the joint press release, this partnership will facilitate the production of the lowest-cost green hydrogen by enabling delivery […] Read more
CellCube’s Flow Batteries Recieve Munich Re’s Bankable Insurance Updated On Tue, Dec 7th, 2021 by Saurenergy A contractual partnership with Munich Re (Muenchener Rueckversicherungs-Gesellschaft AG) equips Enerox GmbH (CellCube) with the option to offer their vanadium redox flow batteries (VRFBs) including a bankable insurance to guarantee for product and performance accuracy, CellCube announced in a recent statement. Under its trademark ‘CellCube’ the Austrian based Enerox GmbH develops, manufactures and distributes vanadium […] Read more
Europe & US Boost Their Domestic Wind Energy Industries Updated On Tue, Dec 7th, 2021 by Saurenergy Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […] Read more
SECI to Set Up 40 MW Floating Solar Plant in Odisha Updated On Mon, Dec 6th, 2021 by Saurenergy A solar power plant with a capacity to generate 40-megawatt (MW) power will be installed at the Hirakud Dam Reservoir in Odisha’s Sambalpur district, an official said, according to media reports. It will be set up by the Solar Energy Corporation of India (SECI), which is under the Ministry of New and Renewable Energy (MNRE). […] Read more
