India’s First Li-ion Battery Plant in Karnataka Updated On Tue, Apr 13th, 2021 by Saurenergy Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […] Read more
Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India Updated On Mon, Apr 12th, 2021 by Saurenergy Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India. As per the two […] Read more
Power Ministry Yields; Proposes Net-Metering Limit of 500 kW Updated On Mon, Apr 12th, 2021 by Saurenergy After yielding to the representations received from the industry, the Power Ministry has proposed increasing the net-metering cap to 500 kW. The Ministry of Power had notified the Electricity (Rights of Consumers) Rules, 2020 on December 31, 2020, under section 176 of the Electricity Act, 2003. And since its release, the provision of net metering […] Read more
Neoen Secures Financing for Finland’s Largest Wind Farm at 404 MW Updated On Fri, Apr 9th, 2021 by Saurenergy Neoen has finalised the financing of Mutkalampi, a 404 MW wind farm in Finland, which will be the country’s largest wind farm on completion. Neoen has announced that it has finalised the financing of Mutkalampi, a 404 MW wind farm in Central and Northern Ostrobothnia in western Finland. Fully owned by Neoen, the project will […] Read more
Nordex Wins Orders Worth 259 MW in Turkey and Germany Updated On Fri, Apr 9th, 2021 by Saurenergy The Nordex Group has announced two new project wins in Turkey and Germany for a combined 259 MW of wind energy capacity. The first order has been received from the Caba Group for 39 – N133/4800 turbines from the Delta4000 series for the second construction phase of the “Istanbul” wind farm. The order also includes […] Read more
ReNew Power Commits to Achieving Net-Zero Emissions by 2050 Updated On Fri, Apr 9th, 2021 by Saurenergy ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […] Read more
Tata Power-DDL Brings Narrow Band-IoT Tech to its Smart Meters Updated On Fri, Apr 9th, 2021 by Saurenergy After installing 2.3 Lakh smart meters on RF technology, Tata Power-DDL has launched a unique Narrow Band-IoT technology in Smart Meters. After successfully installing 2.3 Lakh smart meters on RF technology, Tata Power Delhi Distribution (Tata Power-DDL), a leading power distribution company serving a populace of 7 million in North Delhi, has launched a unique […] Read more
BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III Updated On Thu, Apr 8th, 2021 by Saurenergy BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […] Read more
Poland Awards CfD to Baltica Offshore Wind Farms Worth 2.5 GW Updated On Thu, Apr 8th, 2021 by Saurenergy The Polish Energy Regulatory Office has awarded a CfD to the Baltica 3 & Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of […] Read more
