Mahindra Cancels Share Purchase Pact Worth Rs 105 Cr with CLP India Updated On Mon, Sep 14th, 2020 by Saurenergy Mahindra & Mahindra has terminated a share purchase agreement with CLP India to sell the entire stake held by Mahindra Renewables in Neo Solren. Mahindra & Mahindra (M&M) has announced that it has terminated a share purchase agreement with CLP India to sell the entire stake held by its step down arm Mahindra Renewables in Neo Solren (NSPL) for […] Read more
Fuel Pumps and EV Battery Charging. Not A Good Idea Updated On Mon, Sep 14th, 2020 by Saurenergy By Shailesh Vickram Singh, Co-Founder, CEO at MassiveMobility Are the 69,000 odd fuel pumps the answer to India’s EV charging challenge? It is no secret that a big challenge for increasing the penetration of Electric Vehicles (EVs) is lack of charging stations and the high cost of batteries, in that order. While battery costs have […] Read more
Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
Researchers at IIT Madras Develop Feasible Alternatives to Li-ion Batteries Updated On Fri, Sep 11th, 2020 by Saurenergy A team of researchers at IIT Madras has made significant advances in developing alternatives to conventional Li-ion batteries for industrial usage. The Indian Institute of Technology Madras (IIT-M) has announced that a team of researchers has made significant advances in developing alternatives to conventional lithium-ion (Li-ion) and lead-acid batteries for industrial usage. Such advances are crucial as India is aiming to achieve 40 […] Read more
GM, Nikola Partner up, Badger EV to be Engineered & Manufactured by GM Updated On Thu, Sep 10th, 2020 by Saurenergy Nikola Corporation and GM have announced a strategic partnership that begins with the EV Badger and carries cost reductions through Nikola’s programs. Nikola Corporation and General Motors (GM) have announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two […] Read more
How Northern India’s Energy Systems can be 100% Clean Energy: Report Updated On Wed, Sep 9th, 2020 by Saurenergy A new report has established how northern India’s energy systems, comprising of Delhi-NCR can be switched to 100 percent clean energy by 2050. Finland’s Lappeenranta-Lahti University of Technology (LUT) and Delhi-based ‘Climate Trends‘ in a new report on Tuesday established how northern India’s energy systems, comprising the world’s largest metropolitan area — Delhi-NCR — can be switched […] Read more
Covid Continues To Reshape India’s Global Solar Ties Updated On Wed, Sep 9th, 2020 by Saurenergy The global covid pandemic is reshaping the solar landscape like never before. While on one hand it has jolted countries like India to the need for establishing their own supply chains, on the other hand it has also brought home the imperative for a shared energy future. “We are in the process of overhauling India’s supply chain […] Read more
15 years On, Ginlong Solis Is A Solar Champion Updated On Wed, Sep 9th, 2020 by Saurenergy 2020 might be a year most firms would like to forget, but for Ginlong Solis, the global inverter manufacturer, the year remains a key milestone on the firm’s journey to an ever-growing role in the global solar market. This year marks the firm’s 15th year of operations, a journey every stakeholder can look back with […] Read more