Adani Group Secures 10.80 Lakh Smart Meters for BEST Power Consumers in Mumbai Updated On Fri, Oct 21st, 2022 by Saurenergy Recently, Adani Transmission, part of the Adani group won the bid to install 10.80 lakh “Smart Meters” for Bombay Electric Supply & Transport (BEST) customers, which will “empower” the distributor to automatically turn off the power supply of bill defaulters. The installation of smart meters will be finished in two and a half years, according […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
Tata Motors to deliver 2000 XPRES T EVs to E-Cab Firm Evera Updated On Thu, Oct 20th, 2022 by Saurenergy India’s auto major Tata Motors has signed an agreement with Evera, one of the earliest EV only – ride-hailing platform in Delhi NCR region, for delivering 2,000 XPRES T electric vehicles. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator. Tata Motor held that the decision […] Read more
NIWE & NLCIL Collaborate to Build Onshore, Offshore Wind Power Plants Updated On Thu, Oct 20th, 2022 by Saurenergy To collaborate strategically on the development of onshore and offshore wind power projects in India, Neyveli Lignite Corporation Limited India Ltd (NLCIL) and the National Institute of Wind Energy (NIWE)- an independent R&D organization under the Ministry of New and Renewable Energy have signed a Memorandum of Understanding (MoU). The MoU was signed and exchanged […] Read more
Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy Updated On Thu, Oct 20th, 2022 by Saurenergy UK-based wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […] Read more
Germany’s Nordex Group to Supply 82-MW Turbines to Landwind Group Updated On Thu, Oct 20th, 2022 by Saurenergy Leading European wind turbines manufacturer Nordex Group has announced that it has received an order for 81.6 MW from the Landwind Group. The Nordex Group will supply 12 N163/6.X turbines that will be distributed among four wind farm sections in eastern Lower Saxony, Germany. Nordex Group held that the order also includes premium service for […] Read more
