Magenta Power Opens its First R&D Centre in Navi Mumbai Updated On Wed, Jan 15th, 2020 by Saurenergy Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in India. The new facility will help […] Read more
Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac Updated On Mon, Jan 13th, 2020 by Saurenergy Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […] Read more
ACWA Power to Build 240 MW Wind Project in Azerbaijan Updated On Fri, Jan 10th, 2020 by Saurenergy ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […] Read more
Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF Updated On Fri, Jan 10th, 2020 by Saurenergy A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […] Read more
Govt Releases State Energy Efficiency Index 2019 Updated On Fri, Jan 10th, 2020 by Saurenergy With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […] Read more
UPERC Decides To Wait For Project Commencement on Amplus Plea Updated On Fri, Jan 10th, 2020 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission, in an order on January 7, has dismissed a petition by Amplus Green to consider its 50 Mw Mirzapur solar project installation as a captive project, asking the firm to file its plea after project completion instead. The order came even as Amplus Greens Private Limited has reached an […] Read more
Nordex Announces Project Wins Worth 480 MW in Europe Updated On Thu, Jan 9th, 2020 by Saurenergy The Nordex Group has announced that it has received orders totalling 480 MW from diverse countries in Europe. The Nordex Group has announced that in December 2019, the Group received orders totalling 480 MW from diverse countries in Europe. The first batch of orders that were won amounted to 308 MW and the main sales […] Read more
Mercedes-Benz & Geely Holding JV to Develop Premium EVs Updated On Thu, Jan 9th, 2020 by Saurenergy Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
