MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India Updated On Thu, Dec 24th, 2020 by Saurenergy MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […] Read more
SUN Mobility Planning 100 EV Battery Swapping Stations in Bengaluru Updated On Wed, Dec 23rd, 2020 by Saurenergy SUN Mobility has announced that it plans to establish 100 battery swapping stations for EVs in Bengaluru by the end of 2021. Thrilled to announce that @SUN_mobility is now operational in #NammaBengaluru! Would like to express my gratitude to Shri B.S Yediyurappa ji for officially launching our #batteryswapping network in the city today & look forward to […] Read more
MG Motor India Joins Hands With TES-AMM to Recycle EV Batteries Updated On Tue, Dec 22nd, 2020 by Saurenergy MG Motor India announces the tie-up with TES-AMM, a global e-waste recycling, and end-to-end service provider. Strengthening a strong EV infrastructure to facilitate India’s transition to green mobility, this partnership will ensure environmentally-sustainable and secure recycling of MG ZS EV batteries, thus ensuring greater peace of mind to the ZS EV owners about their ecological […] Read more
A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more
Masdar, PT PJBI Form JV to Drive Development of Indonesia’s 1st Floating Solar Plant Updated On Sat, Dec 19th, 2020 by Saurenergy Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was […] Read more
ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India Updated On Fri, Dec 18th, 2020 by Saurenergy ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […] Read more
The 20,000th Solaris Electric Bus is Running on the Roads of Warsaw Updated On Fri, Dec 18th, 2020 by Saurenergy Europe’s leading Bus manufacturer, Solaris has been producing innovative and environment-friendly buses since 1996. The company has manufactured five types of buses till now and released its 20,000th bus, the electric Urbino 18 on 15th December 2020. Manufactured in Solaris factory in Bolechowo, the electric Urbino 18 is running on the streets of Poland’s capital, […] Read more
TCCL Report on Renewable Integration & Curtailment: Causes, Solutions and Impact on Project Bankability Updated On Thu, Dec 17th, 2020 by Saurenergy As renewable energy penetration deepens, curtailment issues are rising since the installations are concentrated largely in a few states. The equity IRR could fall below zero if the curtailment exceeds 40% and ADSCR would fall below unity if the curtailment exceeds 20%. The reports deals with the potential solutions including demand side and supply side […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
