US Grants $500M Financing To First Solar for 3.3GW Facility in Tamil Nadu Updated On Wed, Dec 8th, 2021 by Saurenergy U.S. International Development Finance Corporation (DFC) has approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company, subject to negotiations of definitive agreements. The DFC financing will support the company’s previously announced vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, with a projected annual capacity […] Read more
Ather Energy to Launch Second E-scooter Mfg Facility in Tamil Nadu Updated On Tue, Nov 30th, 2021 by Saurenergy Electric scooter brand Ather Energy has commissioned its second manufacturing facility in Hosur, Tamil Nadu, to cater to the growing demand of its electric scooters – the 450X and 450 Plus. The company plans to manufacture 400,000 units per annum, jumping from its current capacity of 120,000 units. Ather Energy had set up its first […] Read more
Magenta to Invest ₹250 Cr in Setting Up EV Mfg Plant in Tamil Nadu Updated On Wed, Nov 24th, 2021 by Saurenergy Magenta, an Indian Charge Point Operator (CPO) company, has signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu to invest in building EV charging infrastructure in the state. Maxson Lewis, CEO and MD, Magenta, signed the MoU in the presence of the Chief Minister of Tamil Nadu, M.K. Stalin, at the […] Read more
Greaves Electric Mobility Opens its Largest EV Mfg Facility in Tamil Nadu Updated On Wed, Nov 24th, 2021 by Saurenergy Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited, has inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre plant built to preserve the green terrain surrounding the site is located in the Industrial Centre of Tamil Nadu and will serve as an electric mobility hub for both domestic and export […] Read more
GE to Supply 810MW Turbines for JSW’s Wind Farms in Tamil Nadu Updated On Fri, Oct 8th, 2021 by Saurenergy GE Renewable Energy has received an order from Indian power company JSW Energy to supply 810 MW of onshore wind turbines for their upcoming wind farms in Tamil Nadu. The turbines will produce enough green energy to meet the annual electricity requirements of more than 2.1 million households in the country, said GE. JSW Energy […] Read more
4000 MW Solar Power Park to be Set Up in Tamil Nadu Updated On Wed, Sep 8th, 2021 by Saurenergy Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) will set up a 4,000 MW solar power park to meet the growing energy demand, Electricity Minister V. Senthilbalaji told the Assembly this week. Making the announcement while moving the demands for grants for his department, he said Tangedco plans to set up solar power parks with […] Read more
POSOCO Report Finds Clear Bias Against RE Developers in Tamil Nadu Updated On Wed, Sep 8th, 2021 by Saurenergy Following APTEL’s order in August, the Power System Operation Corporation Limited (POSOCO) has submitted a report on renewable energy curtailment in Tamil Nadu. The order, widely welcomed by solar developer bodies like the NSEFI, had asked for verification of claims made by both sides on the issue of curtailment. As it turns out the POSOCO […] 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
NHPC Issues 2 Solar Power Tenders For 100 MW And 500 Mw In Tamil Nadu Updated On Fri, Aug 20th, 2021 by Saurenergy Stepping up the pace after its 100 MW floating solar tender early this week, NHPC (National Hydroelectric Power Corporation) has issued two tenders, for a 100 MW and a 500 MW solar project. Both projects are to be located in Tamil Nadu. With these, the pace of solar development returns to Tamil Nadu, after a […] Read more
