ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more
“Technology is the Catalyst for our Future Growth and Carbon Neutrality” Updated On Tue, Jan 5th, 2021 by Saurenergy By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […] Read more
PURE EV Brings ‘BaTRics Faraday’ System, AI to Detect Issues in Li-Ion Batteries Updated On Tue, Jan 5th, 2021 by Saurenergy A Hyderabad based electric vehicle (EV) startup PURE EV has come with an Artificial Intelligence (AI) system named ‘BaTRics Faraday’ that can detect and repair issues in the Lithium-Ion battery of its Electric Two-Wheelers (E2Ws). Interestingly, these E2Ws do not need to be taken to the customer service center and the issue can get resolved […] Read more
ADB Approves $231 Mn Loan to Increase Clean Energy Supply in Assam Updated On Mon, Jan 4th, 2021 by Saurenergy The Asian Development Bank (ADB) has approved a $231 million loan to construct the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assam, India. This loan is the third and largest tranche of the $300 million Assam Power Sector Investment Program approved by ADB in 2014. The project has so far upgraded the 70-megawatt (MW) […] Read more
Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore Updated On Thu, Dec 31st, 2020 by Saurenergy Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […] Read more
EDF to Work on Augwind’s AirBattery Energy Storage System in Israel Updated On Wed, Dec 30th, 2020 by Saurenergy Augwind and EDF Renewables Israel will work together on a 5 MW solar plant integrated with a 20 MWh Augwind’s storage system – AirBattery. Augwind has announced that it has signed an MOU with EDF Renewables Israel, a subsidiary of the global EDF conglomerate, for the two firms to work together on building and operating […] Read more
GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy Updated On Tue, Dec 29th, 2020 by Saurenergy Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […] Read more
