REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan Updated On Thu, Feb 25th, 2021 by Saurenergy Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Flipkart to Deploy 25,000 EVs in Supply Chain, Partners with EV Manufacturers Updated On Wed, Feb 24th, 2021 by Saurenergy India’s homegrown e-commerce marketplace, Flipkart today announced that it is going to deploy more than 25,000 electric vehicles (EVs) by 2030. This initiative has been taken up to achieve its commitment to transit its logistics fleet into EVs and help set up charging infrastructure around delivery hubs and offices to fast track the EV adoption […] Read more
3-Wheeler Manufacturer Piaggio Enters EV Industry, Launches Ape e-Xtra FX Segment Updated On Wed, Feb 24th, 2021 by Saurenergy The pioneer of 3-wheeler goods transportation in India, Piaggio Vehicles has entered the electric vehicle (EV) industry. Piaggio has launched a new e-cargo segment, Ape’ e-Xtra FX. The company has launched this FX range (fixed battery) of EVs in both the cargo and passenger segments, as it has also launched the 2021 version of its […] Read more
IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables Updated On Tue, Feb 23rd, 2021 by Saurenergy Renewables readiness assessment report highlights seven key action areas to accelerate the country’s uptake of renewables A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan. The Renewables Readiness Assessment: The Hashemite Kingdom of […] Read more
Triton EV Signs MoU With BEL to Develop EV Opportunities in India Updated On Tue, Feb 23rd, 2021 by Saurenergy The US-based new subsidiary of Triton Solar, Triton EV, has announced its expansion plans in India with its manufacturing facility set up for electric vehicles (EVs) and energy storage systems. “We have announced the availability of SUV Model H and Triton EV Sedan Model N4. Very soon, we will showcase these Triton EVs for Indian […] Read more
TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector Updated On Tue, Feb 23rd, 2021 by Saurenergy TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […] Read more
Large Module Sizes Find Their Way, as Suppliers Roll out Compatible Equipment Updated On Tue, Feb 23rd, 2021 by Saurenergy The latest trend in solar modules for larger-sized modules, caused by the pressure to show ever-increasing output is finally finding a clear pathway. Module output, which has seen major increases in the past few months on the back of these new larger modules now has support in the form of key suppliers like inverters, and […] Read more
