ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan Updated On Mon, Dec 26th, 2022 by Saurenergy Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […] Read more
Tata Motors Will Run 1500 Electric Buses In Delhi Updated On Mon, Dec 26th, 2022 by Saurenergy In a fresh effort to decarbonise the public transport in the national capital, the Delhi Transport Corporation (DTC) will be purchasing new electric buses from Tata Motors in days to come. In a key announcement, Tata Motors said that DTC has signed a definitive agreement with its fully owned subsidiary, TML CV Mobility Solutions Ltd. […] Read more
EV Manufacturer Saera Inks Contract Manufacturing Agreement with ETO Motors Updated On Fri, Dec 23rd, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) has set sights on augmenting its growth by signing a contract manufacturing agreement with ETO Motors, a leading provider of EMaaS (Electric Mobility as a Service) and CaaS (Charging/Energy as a Service) solutions. By reinventing corporate and public transportation with their mobility and energy solutions, […] Read more
Coal India Floats O&M Tender for Floating Projects Above 100 MW Updated On Fri, Dec 23rd, 2022 by Saurenergy State-owned Coal India Ltd has invited bids for operations and maintenance (O&M for 2.015 MW) work of Category-I Up to 100 MW and Category-II above 100 MW floating solar PV power projects of CIL and its subsidiaries. The last date for submitting the bid of this Coal India Ltd O&M tender is January 16, 2023, […] Read more
Flipkart Commits 100% Renewable Electricity by 2030 for Operations Updated On Thu, Dec 22nd, 2022 by Saurenergy E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030. As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […] Read more
CATL Starts Battery Cell Production In German Plant – First Outside China Updated On Thu, Dec 22nd, 2022 by Saurenergy Leading global battery supplier CATL has announced that its cell factory in Germany has begun deliveries. Contemporary Amperex Technology Thuringia GmbH (CATT), the first plant of CATL outside of China, has kicked off serial production of lithium-ion battery cells in December as scheduled. CATL said that this marks another milestone on its global journey. The […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more