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IOCL, Panasonic Energy Form JV For EV Batteries

Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […]

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Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL

CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore  (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […]

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Nordcell Plans 1.2 GW Module Plant In Sweden

Going against the grain of recent announcements of stress in the solar manufacturing sector in Europe, Swedish manufacturer Nordcell has shared plans to build a 1.2GW module manufacturing plant in northern Sweden, termed GIGA One. Nordcell said it is evaluating sites for the facility and hoped to begin production as early as the first half […]

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Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours

In two back to back filings at the Bombay Stock Exchange (BSE), Adani Green Energy Limited has announced the operationalisation of two traches of solar projects at Khavda Gujarat. While one involved a group of projects adding upto 775 MW, the other filing pertained to a further 212 MW of projects operationalised. The announcements follow […]

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ALMM To Rule Solar From April 1, 2024 in India

Putting to rest any doubts over the future of sourcing for key solar projects, the Ministry of New and Renewable Energy (MNRE) has confirmed the deadline of March 31 for ending all ALMM related exemptions for developers in a terse, one page office memorandum. At SaurEnergy, we had predicted this outcome early this week. That […]

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Leeward Renewable Energy Secures 400 MW Solar Projects From Microsoft In Texas

US-based renewable energy company, Leeward Renewable Energy has announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. Through these PPAs, Microsoft will purchase the power generated from two 200-MW LRE solar facilities currently under development at Morrow Lake Solar in Frio County, Texas, and Cradle Solar in Brazoria […]

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Zetwerk Wins Order From Indian Oil To Set Up 1400+ Fast EV Chargers

Bengaluru-based Zetwerk, which is a managed marketplace for contract manufacturing announced its plans to install electric vehicle (EV) fast chargers in major cities and on key highways to enhance accessibility and travel convenience. Zetwerk, a managed marketplace for contract manufacturing recently, secured an order with Indian Oil Corporation Limited (IOCL) to set up EV fast […]

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GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […]

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MAHAPREIT Invites Bids To Set Up 350 EV Charging Stations

Maharashtra’s Public Sector Undertaking (PSU) Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) and a subsidiary of MPBCDC invited e-Tender to set up EV Charging stations. The tender invited an open e-tender through an online submission under Part I (Technical Bid) on behalf of MAHAPREIT, Mumbai for the empanelment of agencies to set up […]

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