Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
RWE Partners with Stanwell Corporation for 1.8 GW Onshore Wind in Australia Updated On Wed, Aug 30th, 2023 by Saurenergy German multinational energy firm headquartered in Essen that generates and trades electricity in the Asia-Pacific region, and delves into offshore wind power generation, RWE has joined hands with power provider Stanwell Corporation. The two firms have entered into a memorandum of understanding (MoU) for two Queensland onshore wind projects. These will boast an aggregate capacity […] Read more
BHEL Invites Bids for Design in Development of 300 MW Floating Solar Power Project Updated On Mon, Aug 28th, 2023 by Saurenergy BHEL SBD Bangalore has issued a tender for the design, supply and assembly of floating system and associated aAnchoring and mooring for development of 300 MW AC capacity floating solar power project at Rengali Reservoir at Angul District in the state of Odisha. The last date for bid submission is September 4, 2023 at 2 […] Read more
Masdar & Ethiopia Forge Ties for 500 MW Solar Capacity Updated On Fri, Aug 25th, 2023 by Saurenergy State-owned UAE-based developer and operator of utility-scale renewable energy projects, Masdar, has joined hands with Ethiopia for the establishment of an additional 500 MW of solar power project in the African country. The announcement comes as part of the Etihad 7 program, which was introduced by the UAE in January last year. The partnership was […] Read more
IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24 Updated On Mon, Aug 21st, 2023 by Saurenergy The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […] Read more
ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines Updated On Fri, Aug 11th, 2023 by Saurenergy Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG Updated On Tue, Aug 8th, 2023 by Saurenergy Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […] Read more
