Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries Updated On Tue, Feb 9th, 2021 by Saurenergy Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […] Read more
bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK Updated On Tue, Feb 9th, 2021 by Saurenergy bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […] Read more
MNRE Formalises Amendments to RTC RE Power Procurement Guidelines Updated On Tue, Feb 9th, 2021 by Saurenergy MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […] Read more
GreenCell to Invest 400 Cr for Deployment of 350 E-buses in UP Updated On Sat, Feb 6th, 2021 by Saurenergy GreenCell Mobility, backed by EverSource Capital, has announced on Thursday, that it is going to invest Rs. 400 crores in a consortium of PMI Electro Mobility Solutions, including the acquisition of 49 percent stake, for deploying 350 electric buses (e-buses) across Uttar Pradesh. Electric mobility solutions provider, GreenCell claims that it has acquired stakes in […] Read more
Iberdrola Acquires 3 GW Offshore Wind Pipeline in Ireland Updated On Sat, Feb 6th, 2021 by Saurenergy Iberdrola has added to its offshore wind as coast of Co Cork and the Clarus project on the west coast of Co Clare, both to be developed with floating offshore wind technology. Additionally, the Shelmalere project will be located off the east coast and will be developed using fixed foundations. Once operational, the projects will […] Read more
Ford Raises Investment in EV & AV Leadership Up To $29 Billion Updated On Fri, Feb 5th, 2021 by Saurenergy US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […] Read more
TVS Motors Launches iQube, its Electric Scooter in Delhi Updated On Fri, Feb 5th, 2021 by Saurenergy Indian multinational motorcycle company, TVS Motors has yesterday launched its iQube electric scooter in Delhi, with an on-road price of Rs.1,15,000. After Delhi government’s ‘Switch Delhi’ campaign, the price may fall to 1,08,012. The TVS iQube comes with 3 Li-ion battery packs, supported with dedicated BMS and a 3 years warranty. It charges for two […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds Updated On Wed, Feb 3rd, 2021 by Saurenergy Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021. The bonds have a fixed coupon of 3.35 percent per […] Read more
