Tata Motors Lucknow Plant to Meet 100% Energy Demand From RE by 2030 Updated On Thu, Mar 19th, 2020 by Saurenergy Tata Motors has announced that its Lucknow plant is on track to attaining 100 percent renewable energy sourcing for all its operations by 2030. Staying true to its core philosophy of adopting sustainable practices, Tata Motors has announced that its Lucknow plant has minimised the use of energy in its functions and processes with its […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years Updated On Thu, Mar 12th, 2020 by Saurenergy Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm Updated On Thu, Mar 12th, 2020 by Saurenergy EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […] Read more
IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] Read more
Siemens Gamesa Bags Turbine Order for 1.1 GW Offshore Wind Projects Updated On Thu, Mar 5th, 2020 by Saurenergy Ørsted has conditionally named Siemens Gamesa as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW Ørsted has conditionally named Siemens Gamesa Renewable Energy as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW (1.142 MW). At […] Read more
