Volkswagen Targeting 1.5 mn Electric Vehicle Sales by 2025 Updated On Thu, Jan 2nd, 2020 by Saurenergy Volkswagen will reach 1 million electric vehicle sales by end of 2023, two years earlier than previously predicted, and 1.5 million to be produced in 2025 Volkswagen has announced that over the next few years it intends to become the world market leader in e-mobility and is investing EUR 33 billion in these efforts throughout […] Read more
MNRE Clarifies on Implementation of PM-KUSUM Scheme Updated On Wed, Jan 1st, 2020 by Saurenergy After clarification sought by the implementing agencies on certain issues, the Ministry of New and Renewable Energy (MNRE) has issued a clarification on the implementation of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. As per the MNRE notification, the distribution companies (Discoms) can, if they desire so, pass on the Procurement Based […] Read more
Acciona Puts in Services its 145 MW Wind Farm in Texas Updated On Wed, Jan 1st, 2020 by Saurenergy Acciona has put into service the 145 MW Palmas Altas Wind Farm, its ninth in the US, with a total investment of some USD200 million. Acciona has put into service the Palmas Altas Wind Farm, its second one installed in Texas and its ninth in the US, with a total investment of some USD200 million […] Read more
PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu Updated On Mon, Dec 30th, 2019 by Saurenergy PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […] Read more
New Report Shows Potential of Renewable Energy in Refugee Settlements Updated On Thu, Dec 26th, 2019 by Saurenergy On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to a new report On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to the findings of a new report by the International Renewable Energy Agency (IRENA) in cooperation with UNHCR, the UN Refugee Agency. There […] Read more
Cabinet Approves MoU With Saudi Arabia for Cooperation in Renewables Updated On Thu, Dec 26th, 2019 by Saurenergy The Union Cabinet has approved the MoU signed between MNRE and Ministry of Energy of the Kingdom of Saudi Arabia for cooperation in the field of Renewables The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) signed between the Ministry of New and Renewable Energy (MNRE) of the […] Read more
Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm Updated On Tue, Dec 24th, 2019 by Saurenergy Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […] Read more
Enel Begins Operation of its Largest Wind Project in Texas Updated On Tue, Dec 24th, 2019 by Saurenergy Enel has started operation of its 450 MW High Lonesome wind farm in Texas, the largest operational wind project in the Group’s global renewables portfolio. Enel, through its US renewable subsidiary Enel Green Power North America, has started operations of its 450 MW High Lonesome wind farm in Upton and Crockett Counties, in Texas, the […] Read more
