Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
EVgo To Run the Largest Fast Charging Network in the US on 100% RE Updated On Tue, May 7th, 2019 by Saurenergy EVgo, the largest public electric vehicle (EV) fast-charging network in the U.S, has announced that it has contracted for 100 percent renewable energy to power its customers, becoming the first EV charging network in the United States to do so. EVgo has contracts with its energy suppliers and renewable energy certificate (REC) partners to ensure […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
Munzer Bharat. How an Austrian Firm Picked India for Its First Global Plant Updated On Mon, May 6th, 2019 by Saurenergy Munzer BioIndustrie, a family-owned firm from the little known town of Sinabelkirchen, near Vienna in Austria, finally got going in India this year, with its first BioDiesel plant starting pilot tests. Here is how, why and what the company expects to achieve with its Indian venture. The start of Munzer Bharat Private Limited itself has […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India Updated On Mon, May 6th, 2019 by Saurenergy Ratan Tata’s investment in Ola Electric is being seen as an endorsement of the company’s approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A […] Read more
No Additional Surcharge For Open Access Consumers in Gujarat Updated On Mon, May 6th, 2019 by Saurenergy The commission analysed the data submitted by GUVNL and its Discoms, and based on the formula decided, the additional surcharge worked out to Rs NIL/kWh. The Gujarat Electricity Regulatory Commission (GERC) has in its latest order issued that consumers of four of the state’s discoms will have zero applicable additional surcharge for making use of […] Read more
D.light S500 Mobile Charger Plus Lamp Updated On Sat, May 4th, 2019 by Saurenergy PRODUCT BRIEF: The d.light S500 solar-powered lantern takes over from the company’s previous S300 model. The USB-enabled lantern comes with mobile phone battery chargers. The unique, angled lens of the S500 reflects light at a wide angle, allowing it to light up an entire room. The sturdy, rugged design of the S500 ensures that you […] Read more
Exicom Commissions AC & DC Fast Chargers in Parliament House Updated On Fri, May 3rd, 2019 by Saurenergy Gurgaon-based Exicom Power Solutions has announced the commissioning of its AC and DC fast EV chargers in the parliament house. Snehlata Shrivastava, Secretary-General of Lok Sabha inaugurated the newly developed charging infrastructure in the parliament campus in Delhi, the presence of senior officials from EESL and the Government. In January, Exicom won the “EV Infrastructure Company […] Read more
