Director (Research & Development) Updated On Fri, Dec 17th, 2021 by Saurenergy I. COMPANY PROFILE:- Bharat Electronics Limited (BEL) is a Schedule ‘A’ Navratna Company, established in 1954 with the administrative jurisdiction of Department of Defence Production, Ministry of Defence. BEL has Strategic Business Units operating in nine Units across India with core competencies in areas of Radars & Weapon Systems, Sonars, Communication, Electronics Warfare, Electro-Optics and […] Read more
Mahindra Electric Mobility Launches Passenger e-3W ‘Treo’ in Maharashtra Updated On Fri, Dec 17th, 2021 by Saurenergy Mahindra Group’s electric vehicle arm Mahindra Electric Mobility on Thursday launched its passenger electric three-wheeler “Treo” in Maharashtra, priced at Rs 2.09 Lakh (ex-showroom, Mumbai). The prices include post-FAME-II, state and early-bird subsidies, according to the company. Mahindra Treo commanding a 67 percent market share in the electric three-wheeler space, the company said. According to […] Read more
Ares Secures $2.2 B for Climate Infrastructure Capital Updated On Fri, Dec 17th, 2021 by Saurenergy Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […] Read more
In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped Updated On Thu, Dec 16th, 2021 by Saurenergy The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […] Read more
Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL Updated On Thu, Dec 16th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […] Read more
Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
Bharat Petroleum, Bhabha Atomic to Jointly Produce Green H2 Updated On Wed, Dec 15th, 2021 by Saurenergy OMC Bharat Petroleum Corporation Ltd (BPCL) and the Bhabha Atomic Research Centre (BARC) have collaborated to scale up alkaline electrolyser technology for the production of green hydrogen. To produce green hydrogen, water electrolysers split water molecules into hydrogen and oxygen using renewable electricity. Multiple water electrolyser technologies exist today. While green hydrogen is currently recognised […] Read more
MPC Energy Solutions Joins Leclanché For Battery Project In Caribbean Updated On Wed, Dec 15th, 2021 by Saurenergy Netherlands based MPC Energy Solutions (MPCES) has partnered with Leclanché, the Swiss maker of energy storage solutions to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre. The project requires about US$ […] Read more
