MG Motor, Tata Power Inaugurate 1st Superfast EV Charging Station in Nagpur Updated On Fri, Oct 30th, 2020 by Saurenergy MG Motor India and Tata Power have inaugurated the first 50 KW DC superfast charging EV station in the city of Nagpur, Maharashtra. MG Motor India and Tata Power Corporation Limited have announced that it has inaugurated the first superfast charging EV station in the city of Nagpur. Further strengthening the electric vehicle ecosystem, the […] Read more
MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
Infosys is Carbon Neutral 30 Years Ahead of Target, Announces ESG Vision for 2030 Updated On Fri, Oct 30th, 2020 by Saurenergy Infosys, as a part of its ongoing Environmental, Social and Governance efforts, it is now carbon neutral in compliance with PAS 2060 standards. Infosys, one of India’s leading software services firm, has announced that as a part of its ongoing Environmental, Social and Governance (ESG) efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique […] Read more
Italy’s Fimer Unveils Strong EV Charging Portfolio for Global Markets Updated On Thu, Oct 29th, 2020 by Saurenergy FIMER, the world’s fourth largest inverter manufacturer, that acquired ABB’s inverter business last year, has now unveiled a full suite of Electrical Vehicle (EV) chargers. The comprehensive new portfolio of residential and commercial chargers will front the firm’s effort to replicate success in solar inverters in the electric mobility segment. At the launch Gaetano Belluccio, […] Read more
Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project Updated On Thu, Oct 29th, 2020 by Saurenergy Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the fate of the 28MW already built, or the power generated there, or even the […] Read more
At Energy Forum, US Offers Perovskite Manufacturing To India Updated On Thu, Oct 29th, 2020 by Saurenergy At the IHS Cera Week, which concluded on October 28, among the more interesting conversations, and ‘offers’ for India, was the one from US Energy Secretary Dan Brouillette, when he offered a joint effort with the US to develop cheaper solar cells and modules. For India, which has pushed for a huge ramp up in […] Read more
