Actis Launches $500 Million Renewables Platform In Japan Updated On Wed, May 10th, 2023 by Saurenergy Global investor in sustainable infrastructure – Actis – has launched a new $500 million renewables platform called Nozomi Energy which will be Japan-focused. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. The investment is made from fifth and latest energy infrastructure fund of Actis, which represents $6 billion of investable […] Read more
Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
Amara Raja Breaks Ground on Telangana’s First Lithium Cell Gigafactory Updated On Mon, May 8th, 2023 by Saurenergy Industrial and automotive battery maker Amara Raja Batteries Limited (ARBL) is building the first gigafactory of Telangana which will also be India’s largest when it’s operational. The battery gigaplant will come up in Mahbubnagar district. The inauguration ceremony was attended by MA&UD Minister of Telangana, KT Rama Rao, and Amara Raja Group Founder Dr. Ramachandra […] Read more
IIT Kanpur & Lohum Tie up to Advance Sustainability of Li-ion Batteries Updated On Thu, May 4th, 2023 by Saurenergy The Indian Institute of Technology (IIT) Kanpur and Lohum Cleantech, a producer of sustainable energy transition materials, have announced a strategic partnership for R&D collaboration in sustainability and other core areas. Under the partnership, Professor Kanwar Singh Nalwa from the Department of Sustainable Energy Engineering at IIT Kanpur, will lead the team to work together […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
Indian PV Modules Are Gaining Global Traction: Atul Kamathi, Grew Energy Updated On Tue, May 2nd, 2023 by Saurenergy Atul Kamathi is the Vice President (EPC) of Grew Renewables Pvt Ltd, an Indian solar module manufacturer. In a short-duration interview with Saur Energy at the sideline of ReneX exhibition in Hyderabad, Kamathi talks about the journey of the Grew, the likely future of the Indian module manufacturing sector, and others. A venture of the Chiripal Group, […] Read more
Azure Power Welcomes Harpreet Singh as Head, Supply Chain Management Updated On Tue, May 2nd, 2023 by Saurenergy Independent Power Producer Azure Power has announced the onboarding of Harpreet Singh as the Head of Supply Chain Management. Harpreet Singh said about his new role, “I am happy to join Azure and look forward to bringing in my experience of implementing innovative methodologies and technologies in streamlining procurement procedures and establish strong partnerships with […] Read more
GUS Technology Opens Taiwan’s First Battery Gigafactory Updated On Tue, May 2nd, 2023 by Saurenergy GUS Technology has inaugurated and opened Taiwan’s first battery gigafactory in Jhongli Industrial Park. The firm’s facility will help in Taiwan’s lithium battery industry reach a new milestone. GUS Technology focuses on lithium titanate (LTO) and NCM material systems. The factory entered into the design, development, and manufacturing of battery modules for EVs and energy […] Read more
In a Bid to Automate Pune Manufacturing Unit, Sunlit Power Makes INR 100 Cr Investment Updated On Mon, May 1st, 2023 by Saurenergy Sunlit Power, which manufactures batteries under brand name ARENQ, has announced its plans to invest INR 100 crore over the next two years to set up an automated manufacturing unit in Pune. It will be commissioned by October 2023. With an existing sales and service branch in Thiruvananthapuram, the company also plans to expand its […] Read more
