REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
16.5 GW Installed in Record Year for Wind Energy in the US: Report Updated On Thu, Feb 25th, 2021 by Saurenergy The US added more wind capacity than ever before in 2020, with 16.5 GW installed – far exceeding the previous record set in 2012. The US added more wind capacity than ever before in 2020. Some 16.5 gigawatts of capacity was installed – far exceeding the previous record set in 2012. General Electric was the […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Flipkart to Deploy 25,000 EVs in Supply Chain, Partners with EV Manufacturers Updated On Wed, Feb 24th, 2021 by Saurenergy India’s homegrown e-commerce marketplace, Flipkart today announced that it is going to deploy more than 25,000 electric vehicles (EVs) by 2030. This initiative has been taken up to achieve its commitment to transit its logistics fleet into EVs and help set up charging infrastructure around delivery hubs and offices to fast track the EV adoption […] Read more
Large Module Sizes Find Their Way, as Suppliers Roll out Compatible Equipment Updated On Tue, Feb 23rd, 2021 by Saurenergy The latest trend in solar modules for larger-sized modules, caused by the pressure to show ever-increasing output is finally finding a clear pathway. Module output, which has seen major increases in the past few months on the back of these new larger modules now has support in the form of key suppliers like inverters, and […] Read more
Hydrogen Rolling With $300 Billion Commitment To Projects by 2030 Updated On Mon, Feb 22nd, 2021 by Saurenergy The Hydrogen Council, a global CEO-led initiative of 92 leading energy, transport, industry, and investment companies with a vision to develop the hydrogen economy has released a report titled, ‘Hydrogen Insights 2021: A Perspective on Hydrogen Investment, Deployment, and Cost Competitiveness’. The report, made by Mckinsey and Co, highlights the rapid acceleration of hydrogen projects […] Read more
Torrent Power Bids Rs 555 Cr to Take 51% in D&N Haveli, Daman & Diu Discoms Updated On Mon, Feb 22nd, 2021 by Saurenergy Torrent Power has emerged as the highest bidder for the sale of 51 percent stake in Discoms in the UT of Dadra & Nagar Haveli and Daman & Diu Torrent Power, the Rs 13,641 crore integrated power utility of the Torrent Group has announced that it has emerged as the highest bidder for the sale […] Read more
Renewable Sector Springs Back to pre-COVID Levels in India: CEEW-CEF Updated On Mon, Feb 22nd, 2021 by Saurenergy The renewable energy sector in India has rebounded to pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, per CEEW-CEF The renewable energy sector in India has rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to a new quarterly analysis release by the CEEW-Centre for Energy […] Read more
Emera Technologies and Novonix Partner on Innovative Battery Technology Updated On Fri, Feb 19th, 2021 by Saurenergy Emera Technologies and Halifax-based Novonix Battery Technology Solutions (Novonix) are working together to develop battery pack systems to support microgrids that will provide solar power directly to homes, and could lead to exciting future opportunities across North America. In the fall of 2020, Emera Technologies launched BlockEnergy, the first utility-owned community microgrid platform, and partnered with […] Read more
