Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW Updated On Thu, Oct 24th, 2019 by Saurenergy Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […] Read more
AAP Challenges BJP to Match 200 Units of Free Electricity in Ruling States Updated On Wed, Oct 23rd, 2019 by Saurenergy AAP has challenged BJP to give 200 units of free electricity in any state it rules after a BJP spokesperson promised to give 5 times more benefits if voted to power The Aam Aadmi Party (AAP) has challenged the Bhartiya Janta Party (BJP) to give 200 units of free electricity in any state it rules, […] Read more
India Planning to Build a Chain of Renewable Projects Along Pakistan Border Updated On Wed, Oct 23rd, 2019 by Saurenergy India is planning to build a string of renewable energy projects on its potent desert land adjacent to the Pakistan border, according to MNRE officials India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said, as the central government continues on its ambitious programme to reduce the country’s […] Read more
A new Device That can Harvest Sunlight to Create Clean Gas Updated On Wed, Oct 23rd, 2019 by Saurenergy Scientists at the University of Cambridge have developed an ‘artificial leaf’ device that uses sunlight to produce a widely-used clean gas currently made from fossil fuels Scientists have developed an ‘artificial leaf’ device that uses sunlight to produce a widely-used clean gas currently made from fossil fuels and could be used to create a sustainable […] Read more
EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea Updated On Sat, Oct 19th, 2019 by Saurenergy WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
