40% of All new Launches in China in Next 5 Years to be Electric: GM Updated On Thu, Aug 20th, 2020 by Saurenergy General Motors (GM) has highlighted that in electrification, more than 40 percent of its new launches in China in the next 5 years will be electric models. General Motors (GM) has recently announced its technology rollout plan for electrification, intelligent driving and connectivity in China, with an immersive display at the PATAC Design Dome in […] Read more
Hero Electric Partners up to Offer Leasing Options for Electric Scooters Updated On Thu, Aug 20th, 2020 by Saurenergy Hero Electric has announced its partnership with OTO Capital to provide consumers with affordable and flexible financing options to own electric scooters Hero Electric, a pioneer in the electric vehicle industry in India, has announced its partnership with OTO Capital, India’s first vehicle leasing startup to provide consumers with affordable and flexible financing options to […] Read more
Yulu Partners With Vatika Group, Brings E-mobility Solutions to Gurugram Updated On Thu, Aug 20th, 2020 by Saurenergy Yulu has announced a partnership with the Vatika Group to provide its e-mobility solutions within Vatika’s residential and integrated townships in Gurugram. Yulu, one of India’s leading e-mobility service providers has announced a partnership with the Vatika Group – a Gurugram-based leading real estate developer. Under the new partnership, Yulu services will be available within […] Read more
SECI Extends Deadline for 15 MW Floating Solar Tender Updated On Thu, Aug 20th, 2020 by Saurenergy SECI has once again extended the bid submission deadline for its tender for 15 MW floating solar plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has announced that it has extended the bid submission deadline for its tender for the selection of solar power developers for setting up of 15 MW grid-connected […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
Capital Dynamics to Develop 9 Battery Storage Systems in California Updated On Thu, Aug 20th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […] Read more
India’s Stuttering Solar Progress Grinds To a Halt With COVID-19 Updated On Thu, Aug 20th, 2020 by Saurenergy Two latest reports by independent research agencies in the Indian renewable energy segment have revealed that the first half of the year (H1 2020) only saw a total of between 1 GW and 1.3 GW of new solar installations in India. While the full year installations expected to reach 3.5 GW (4.5 GW with rooftop) […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
