IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] Read more
Siemens Gamesa Bags Turbine Order for 1.1 GW Offshore Wind Projects Updated On Thu, Mar 5th, 2020 by Saurenergy Ørsted has conditionally named Siemens Gamesa as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW Ørsted has conditionally named Siemens Gamesa Renewable Energy as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW (1.142 MW). At […] Read more
India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence Updated On Wed, Mar 4th, 2020 by Saurenergy Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […] Read more
PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […] Read more
No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh Updated On Wed, Mar 4th, 2020 by Saurenergy India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […] Read more
BEE Adds Deep Freezer, Light Commercial ACs to its Star Rating Prog; Likely to Save 9 BU Power by 2030 Updated On Mon, Mar 2nd, 2020 by Saurenergy In a step further towards its vision of building an energy efficient India, the government-backed Bureau of Energy Efficiency (BEE) has extended its list of items covered under the ‘Star Labeling Programme’ by adding Deep Freezers and Light Commercial Air Conditioners (LCAC). BEE formulated the Star Labeling Programme, as part of its mandate, under the […] Read more
DGTR Proposes Anti-Dumping Duty on Al-Zn Coated Flat Products Updated On Mon, Mar 2nd, 2020 by Saurenergy DGTR – Ministry of Commerce and Industry, has proposed the imposition of anti-dumping duty on imports on Aluminium and Zinc coated products from 3 nations. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has in its final findings on a recent case, proposed the imposition of anti-dumping duty on […] Read more
Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California Updated On Mon, Mar 2nd, 2020 by Saurenergy Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […] Read more