Double Standards? Thermal Power Auctions At Rs 4.41 Updated On Tue, Dec 24th, 2019 by Saurenergy In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
Tata Motors Unveils its First Electric SUV, the Nexon EV Updated On Thu, Dec 19th, 2019 by Saurenergy Tata Motors has unveiled its first fully-electric SUV the Nexon EV, an aspirational SUV for car buyers looking for a thrilling drive with zero emissions Tata Motors has unveiled the company’s first fully-electric SUV the Nexon EV, an aspirational SUV for personal car buyers looking for a thrilling, connected drive experience with zero emissions. Powered […] Read more
US Renewable Energy Consumption to Increase 4% Annually Updated On Thu, Dec 19th, 2019 by Saurenergy The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […] Read more
Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel Updated On Mon, Dec 9th, 2019 by Saurenergy MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […] Read more
Kerala Govt Inks Deal With Toshiba for Manufacturing Li-ion Batteries Updated On Sat, Nov 30th, 2019 by Saurenergy The Kerala Government has signed an EoI with Toshiba for the technology transfer and manufacturing of Li-ion batteries for EV The Kerala Government has signed an Expression of Interest with Toshiba for the technology transfer and manufacturing of lithium-ion (Li-ion) batteries for electric vehicles (EV). The agreement is an outcome of the Japan visit by […] Read more
Siemens Gamesa Secures 448 MW Scottish Offshore Wind Order Updated On Fri, Nov 29th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has received a firm order to supply wind turbines for the 448 MW NnG offshore wind power project in Scotland. Siemens Gamesa Renewable Energy (SGRE) has announced that it has received a firm order to supply wind turbines for the 448 MW Neart na Gaoithe (NnG) offshore wind power project, being […] Read more
