Toyota – Panasonic JV To Manufacture Electric Vehicle Batteries in 2020 Updated On Wed, Jan 23rd, 2019 by Saurenergy Toyota is to hold a 51 percent majority stake with Panasonic owning the rest. Japanese firms, Toyota Motor and Panasonic plan to set up a joint venture in 2020 to manufacture batteries for electric vehicles, joining forces to compete more effectively on cost and scale with rising Chinese players in a key area for the future of […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
HyET Solar Seeks to Make In India 300 MW Solar Panels Updated On Fri, Jan 18th, 2019 by Saurenergy At the Vibrant Gujarat Global Summit, HyET Solar will sign a memorandum of understanding with the state to set up a solar module manufacturing facility. Dutch foldable solar panel-maker HyET Solar BV seeks to “Make In India” and is eyeing partnerships with existing solar panel makers and a polymer-maker, commercial director of the company Pieter […] Read more
Growatt Expands its Presence in Europe Updated On Fri, Jan 18th, 2019 by Saurenergy The inverter firm has developed a strong and close relationship with local partners and this move will further strengthen the partnership and provide faster and better support for the clients. Growatt, a global leader in inverter technology based out of China, has established a new office in Rotterdam Netherlands to strengthen its position in the […] Read more
EESL Appoints Director (Projects) and Director (Commercial) Updated On Wed, Jan 16th, 2019 by Saurenergy Venkatesh Dwivedi has assumed charge as Director (Projects) and S Gopal has assumed charge as Director (Commercial). Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the administrative control of the Ministry of Power, Government of India, has announced the appointments of Venkatesh Dwivedi as Director of Projects, and the appointment of S. Gopal as […] Read more
Government of Andhra Pradesh Signs MoU With Adani Group Updated On Mon, Jan 14th, 2019 by Saurenergy In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centers, the Government of Andhra Pradesh (GoAP) signed a MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project would be […] Read more
NDMC Becomes First DISCOM in India with 100% Smart Metering Updated On Thu, Jan 10th, 2019 by Saurenergy EESL installs 50,000 smart meters enhancing consumer convenience and rationalizing electricity consumption in NDMC area The Energy Efficiency Services Limited (EESL), working under the Ministry of Power announced the completion of its project with the New Delhi Municipal Corporation (NDMC). The project concluded with the replacement of 50,000 conventional electricity meters with smart meters in the […] Read more
REDAVIA Secures $2 M Debt Financing for Expansion in Ghana Updated On Tue, Jan 8th, 2019 by Saurenergy “ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […] Read more
NTR Secures 229 million Euros in Second Renewable Energy Fund Updated On Fri, Jan 4th, 2019 by Saurenergy The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […] Read more
