Neoen Signs PPA With Flow Power For Wind Farm In Australia Updated On Thu, Aug 4th, 2022 by Saurenergy World’s major renewable energy player Neoen has announced that it has signed a power purchase agreement (PPA) with electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Neoen held that Goyder South Stage 1 is the first stage of Neoen’s flagship project known as […] Read more
IEX Power Market Update July 2022: 13% YoY Decline For Green Market Updated On Thu, Aug 4th, 2022 by Saurenergy As per its market update for July 2022 released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […] Read more
Setting Up a Battery Manufacturing Plant: The Factors That Matter Updated On Thu, Aug 4th, 2022 by Saurenergy Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
BP To Invest Upto £50 Million In Electric Vehicle R&D Centre In UK Updated On Thu, Aug 4th, 2022 by Saurenergy British Petroleum or ‘bp’ has announced plans to invest up to £50 million in a new electric vehicle battery testing centre and analytical laboratory in the UK. The company had already revealed its intention to invest up to £18 billion in the UK’s energy system by the end of 2030. Expected to open by the […] Read more
The First Factory Of NIO In Europe Will Commence Operation Soon Updated On Thu, Aug 4th, 2022 by Saurenergy Chinese EV startup NIO has said that its first factory in Europe will be operational in September, 2022. There will be no manufacturing of cars in the new facility. The joint announcement was made by Peter Szijjarto, Minister of Hungarian Foreign Affairs and Trade, and Hui Zhang, Vice President of NIO Europe Office in Budapest, […] Read more
Exponent and Alitigreen Launches Fast Charging EV Three-Wheeler Updated On Wed, Aug 3rd, 2022 by Saurenergy Bengaluru-headquartered EV start-up company, Exponent Energy has announced partnership with Alitigreen for launching a new EV three-wheeler. Through this collaboration, both the companies (Exponent Energy and Alitigreen) will make rapid charging a reality for EVs on Indian roads. They claim that the fastest charging electric 3- wheeler rapid charges from 0-100% battery capacity within 15 […] Read more
Tata Power Green Commissions 225 MW Project in Rajasthan Updated On Wed, Aug 3rd, 2022 by Saurenergy Tata Power Green Energy Limited (TPGEL), a wholly-owned subsidiary of Tata Power, has commissioned a 225MW Hybrid power project in Rajasthan. under a Power Purchase Agreement (PPA). The hybrid solar project’s generating power will be supplied to Tata Power, Mumbai Power Distribution. This PPA will be valid for 25 years in order to fulfill its […] Read more
Tata Power’s Analyst Call Q1 FY23: Large-Scale Renewable Projects, Orders In Offing Updated On Wed, Aug 3rd, 2022 by Saurenergy Close on the heels of its announcement of Q1 FY 23 results, an analyst call of Tata Power has further shed light on the Q1 FY23 earnings of the power company. The participants of the call included Dr. Praveer Sinha, CEO and MD of TATA Power; Sanjeev Churiwala, CFO; Jinendra Patil, Financial Controller; Soundararajan Kasturi, […] Read more