Indonesia to Build Solar Projects on Erstwhile Mine Sites Updated On Fri, Sep 3rd, 2021 by Saurenergy Indonesian coal miner PT Bukit Asam plans to build three solar power projects on former mine sites as part of its expansion into renewable energy, the company’s chief executive Suryo has been quoted as saying in media reports. State-controlled Bukit Asam has reserved land in West Sumatra, South Sumatra and East Kalimantan provinces, with the […] Read more
New Digital Asset Helps Customers Offset Their Carbon Footprint Updated On Fri, Sep 3rd, 2021 by Saurenergy US-based Terrapass has launched Terrapass Coin (TPSC), a digital asset that works as an ERC-20 token on the Ethereum blockchain system. With Terrapass Coin, customers can own, buy, sell, trade, or offset their carbon footprint by managing their TPSCs received through designated Terrapass products, giving them control of their carbon offsets like never before, said […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue Updated On Fri, Sep 3rd, 2021 by Saurenergy At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […] Read more
Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea Updated On Thu, Sep 2nd, 2021 by Saurenergy Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […] Read more
HOP Electric Mobility Starts Setting Up 2nd Unit in Jaipur Updated On Thu, Sep 2nd, 2021 by Saurenergy Jaipur-based two-wheeler maker HOP Electric Mobility is planning to expand its presence in multiple states, including Rajasthan, Punjab, Haryana, Uttar Pradesh, Gujarat, Telangana, Madhya Pradesh, Bihar and West Bengal. The company is setting up its second manufacturing facility in Jaipur to add capacity of 1.5 lacs units per year by February 2022. The company already has […] Read more
Thiruvananthapuram to Get Solar Plants at Key City Locales Updated On Thu, Sep 2nd, 2021 by Saurenergy The Smart City Thiruvananthapuram Ltd (SCTL) and its Smart Mission initiative are implementing solar power plant projects at important establishments in the capital city, including the Legislative Assembly Complex, in order to propagate sustainable technology. The estimated cost of the project is Rs 3.2 crores and it is expected to generate 607-kilowatt power. Officials believe […] Read more
Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction Updated On Thu, Sep 2nd, 2021 by Saurenergy The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […] Read more
Azure Power Hopeful of No Price Markdowns As PSA’s Finally Start on Its 4 GW Mfg Linked Win Updated On Thu, Sep 2nd, 2021 by Saurenergy At an analyst call post its Q1 results for 2022-23, Azure Power CEO Ranjit Gupta expressed the hope that there will be no price markdowns on the winning bid rates, for its 4 GW tender manufacturing linked tender wins. Azure had won a total project capacity of 4 GW, even as Adani Green Energy won […] Read more
