Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
In 2024, US-China Trade Tensions Likely To Cast Shadow Over EV, PV Supply Chains Updated On Fri, Jan 5th, 2024 by Saurenergy Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […] Read more
Vietnam’s VinFast looks to open EV battery plant in Tamil Nadu Updated On Thu, Jan 4th, 2024 by Saurenergy VinFast, a leading Vietnamese electric vehicle manufacturer, has identified Thoothukudi as the location for its upcoming battery manufacturing plant. The company is poised to make a significant investment, amounting to hundreds of millions of US dollars, in a spacious 400-acre area. Moreover, this will be VinFast’s inaugural investment venture in India. Originally, VinFast was looking […] Read more
EIB Backing of €400 million For Green Renewable Energy Developer Updated On Wed, Jan 3rd, 2024 by Saurenergy Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
The 2023 Playback- What Our Most Read Stories Tell Us Updated On Tue, Jan 2nd, 2024 by Saurenergy As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […] Read more
Gujarat Wind Developers Blame OEMs, Others For Higher Wind Tariff Updated On Fri, Dec 29th, 2023 by Saurenergy Wind developers in Gujarat now have justified higher wind project tariffs, attributing this to the monopolistic attitude of Original Equipment Manufacturers (OEMs) and other price hikes in the market. The information was recently featured during the hearing of a case in the Gujarat Electricity Regulatory Commission (GERC). The case was related to the adoption of […] Read more
Jindal Stainless Estimates To Generate 1.9 Billion Units Of Clean Energy Annually Updated On Fri, Dec 29th, 2023 by Saurenergy Jindal Stainless, a stainless-steel manufacturer is estimated to generate over 1.9 billion units of clean electricity annually through its wind-solar hybrid, floating and roof-top solar plants, according to its newly released Sustainability Report. The initiatives are estimated to reduce carbon emissions by over 13.52 lakh tones per annum. The company has already partnered with ReNew […] Read more
