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REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […]
India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […]
For Indore based EKI Energy services Limited, the past 12 months have been nothing short of a ride of a lifetime. The firm has left many startups in the shade with the incredible price movement of its stock, soon after it listed on the BSE SME index. After issuing shares at a price of Rs […]
In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […]
By Giovanbattista Mattiussi, Product Marketing and Dr. Diogo Varajao, Senior System Application Engineer, Infineon Technologies The global trends – such as digitalization and energy efficiency – that have emerged and accelerated in the past few years pose new challenges to the manufacturers as well as the semiconductor market. Developing power semiconductor devices that contribute to […]
India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […]
Corrit Energy and Infra, a Gurugram, based solar EPC company provides engineering, procurement, and construction services in and around Delhi- NCR is now gearing up for the next phase of growth. In an emailed response to Saur Energy, Corrit’s CEO and Director, Mayur Mishra, sheds further light on the solar energy industry, key requirements and […]
Europe’s focus on protecting its lead in Wind Energy sector, especially offshore wind in recent times, has just escalated with the European Commission imposing tariffs of upto 19.2% on China-origin steel wind turbine towers. According to the EU statement, it found that Chinese firms had dumped about 300 million euros ($337 million) a year worth […]
Bangladesh, which is celebrating its 50th year of independence this year, has started commercial operations at its largest PV project — the 130 MWp Bagerhat solar power plant. Powered by Sungrow’s central inverter solutions, which works closely with the ABB and Orion Group in the country. 130 MWp PV project in Bangladesh With 95% of Bangladesh’s […]
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