TATA Power’s TP Saurya Wins 250 MW PV Projects at Maharashtra Auction Updated On Tue, May 4th, 2021 by Saurenergy TP Saurya Limited, a subsidiary of Tata Power, announced recently that it has bagged 250 MW of grid-connected solar photovoltaic projects to be built at the Dondaicha Solar Park in Dhule, Maharashtra, at a solar auction organised by Maharashtra State Power Generation Company (MAHGENCO). To achieve this feat, the company won the full capacity of 250 MW […] Read more
Solid Power Raises $130 Million, Ford & BMW Expands Partnership Updated On Tue, May 4th, 2021 by Saurenergy Solid Power, maker of all-solid-state rechargeable batteries for electric vehicles (EVs) has announced raising USD 130 million in investmentments in its Series B. The investment was led by three giants including, Ford Motor Company, BMW Group, and Volta Energy Technologies. Interestingly, Ford and BMW have also extended their partnership into Solid Power to secure and […] Read more
Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges Updated On Tue, May 4th, 2021 by Saurenergy Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
North-West Europe has Potential to Lead Hydrogen Adoption: IEA & CIEP Updated On Tue, May 4th, 2021 by Saurenergy Joint IEA-CIEP study shows the region is well placed to lead hydrogen adoption for clean energy transitions, but greater cooperation and policy implementation is required to accelerate deployment. North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas […] Read more
South Korean Trio Sweep 31% of Global EV Battery Market Updated On Tue, May 4th, 2021 by Saurenergy The global electric vehicle (EV) battery market has recorded a 2.5 times growth in Jan-Mar 2021 of which, 31 percent was captured by three South Korean EV battery producers, according to a release by SNE Research. This trio consists of LG Energy Solution which came in 2nd, while Samsung SDI and SK Innovation ranked 5th […] Read more
LONGi to Supply 600 MW Modules for JV With Engie Updated On Mon, May 3rd, 2021 by Saurenergy Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Ola Planning to Take its Electric Scooter to the International Markets Updated On Mon, May 3rd, 2021 by Saurenergy Ola Electric is looking at taking its electric scooter to international markets this fiscal according to company Chairman Bhavish Aggarwal. Ola Electric is looking at taking its electric scooter to international markets this financial year, including countries like France, Italy and Germany, according to company Chairman and CEO Bhavish Aggarwal. The company, which is working on setting […] Read more
