Toyota – Panasonic JV To Manufacture Electric Vehicle Batteries in 2020 Updated On Wed, Jan 23rd, 2019 by Saurenergy Toyota is to hold a 51 percent majority stake with Panasonic owning the rest. Japanese firms, Toyota Motor and Panasonic plan to set up a joint venture in 2020 to manufacture batteries for electric vehicles, joining forces to compete more effectively on cost and scale with rising Chinese players in a key area for the future of […] Read more
UKCI Pledges to Invest R500 Million for Renewable Projects in Africa Updated On Wed, Jan 23rd, 2019 by Saurenergy UK Climate Investments (“UKCI”) today announced a planned R500 million (£28 million) cornerstone investment in a dedicated African renewable energy yieldco, Revego Africa Energy Limited. The U.K. Climate Investments (UKCI) has announced that it will invest 500 million Rand (Rs 250 crore) in Revego Africa Energy Limited, an investment vehicle dedicated to renewable energy projects in […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
Maharashtra Races ahead in 2019 with Impressive Response to 1GW Tender Updated On Tue, Jan 22nd, 2019 by Saurenergy Maharashtra was also in the news late last year for its tender of 1400 MW across 30 circles in the state, besides a 1 GW tender for providing solar power purely for a dedicated agricultural grid. Maharashtra’s 1 GW solar tender, which saw the state extend the final submission deadline to Jan 22 (today) from […] Read more
POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups Updated On Tue, Jan 22nd, 2019 by Saurenergy Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2nd cohort. The 9 women-led startups shortlisted […] Read more
PGCIL’s Indu Shekhar Jha Takes Oath as Member CERC Updated On Tue, Jan 22nd, 2019 by Saurenergy Prior to this, Jha was holding the post of Chief Managing Director, Power Grid Corporation of India Ltd (PGCIL) since 2015. The government has appointed Indu Shekhar Jha, former PGCIL CMD, as the Member of Central Electricity Regulatory Commission (CERC). Prior to this, Jha was holding the post of Chief Managing Director, Power Grid Corporation […] Read more
DGTR Recommends Imposition of Anti-Dumping Duty on Textured Tempered Glass from Malaysia Updated On Mon, Jan 21st, 2019 by Saurenergy The DGTR has recommended levy of anti-dumping duty of $114.58 (Rs 8,161) /metric ton for a period of five years. The Directorate General of Trade Remedies (DGTR) has issued its final findings for the anti-dumping duty investigation concerning the import of textured tempered coated and uncoated glass from Malaysia. The DGTR has recommended levy of […] Read more
MNRE Issues Notification for Quality Control Order on SPV Goods Updated On Mon, Jan 21st, 2019 by Saurenergy Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […] Read more
NTPC Seeks Contractors for Setting Up Bharat EV Chargers Updated On Mon, Jan 21st, 2019 by Saurenergy The last date of bid submission comprising both techno-commercial and price bid is February 14, 2019 The National Thermal Power Corporation (NTPC) has invited bids from eligible bidders for development of charging infrastructure package with Bharat EV Chargers ( DC & AC). The brief scope of work will include the complete turnkey solution including the […] Read more