“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge Updated On Tue, May 18th, 2021 by Saurenergy Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […] Read more
Enel Green Power Commissions 15 MW Solar PV Plant in Mallorca Updated On Mon, May 17th, 2021 by Saurenergy Rome-headquartered multinational renewable energy corporation Enel Green Power España (EGPE) announced recently that it has commissioned the new Nou Biniatria solar photovoltaic plant in the town of Alcúdia in Mallorca. This facility has an installed capacity of 14.96 MW and an expected output of approximately 24.84 GWh per year. Its parent company, the Enel Group, […] Read more
JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
Germany’s Enapter Prepares AEM Multicore for Green H2 Production Updated On Sat, May 15th, 2021 by Saurenergy Germany-headquartered Enapter, a hydrogen generator manufacturer, has recently announced that it is expanding its product portfolio to the megawatt-class with the AEM Multicore electrolyser. The final development of the new model has started, further tapping into the innovative potential of Anion Exchange Membrane (AEM) technology. The AEM Multicore will be introduced to the market next […] Read more
Vietnam’s PDP8 Delay Can Unlock More Cost-Effective RE: IEEFA Updated On Fri, May 14th, 2021 by Saurenergy The key is to refine new strategies and improve market structures Vietnam’s Power Development Master Plan for 2021-2030 with a vision to 2045 (PDP8), was expected to be signed off at the end of March during the last days of Prime Minister Nguyen Xuan Phuc’s administration, but it hit an unexpected delay. Rather than being […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage Updated On Fri, May 14th, 2021 by Saurenergy IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
