GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
SECI Issues NIT for 1.2 GW Solar and 1.2 GW Hybrid Projects Updated On Thu, Dec 5th, 2019 by Saurenergy SECI has issued two new NITs for the development of solar and hybrid solar and wind projects in India. The Solar Energy Corporation of India (SECI) has issued two new Notice Inviting Tenders (NITs) for the development of solar and hybrid solar and wind projects in India. The first NIT has been issued for the […] Read more
US Storage Industry to Build on Strong Third Quarter: Report Updated On Thu, Dec 5th, 2019 by Saurenergy The US energy storage sector had its strongest third quarter on record and a new analysis by WoodMac predicts a 12x growth in MW-terms between now and 2024. The United States energy storage sector had its strongest third quarter on record this year, deploying 100.7 megawatts (MW) and 264.6 megawatt-hours (MWh) of storage, and a […] Read more
BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
Statkraft Signs PPA With Enerparc for 5 Subsidy-Free Solar Projects Updated On Thu, Dec 5th, 2019 by Saurenergy Enerparc and Statkraft have signed a 12-year PPA for power generated from five subsidy-free solar projects with an installed capacity of 52 MW in Bavaria Enerparc, a specialist in the development, construction and operation of large-scale solar power plants, and Statkraft, Europe’s largest producer of renewable energy and leading PPA provider, have signed a 12-year […] Read more
India Working on a Rooftop Solar Scheme with KfW: Gadkari Updated On Wed, Dec 4th, 2019 by Saurenergy The Centre is working with KfW to bring a rooftop solar scheme that will bring down the cost of the power generated to Rs 2.5 per unit, Nitin Gadkari has said The Centre is working with German financing institution KfW to bring a rooftop solar scheme that will bring down the cost of the power […] Read more
Delhi’s Peak Power Demand to Climb to 4700 MW This Winter Updated On Wed, Dec 4th, 2019 by Saurenergy The peak power demand in Delhi this winter is expected to climb up to nearly 4,700 MW, according to predictions made by the state Discom BSES. The peak power demand in Delhi this winter is expected to climb up to nearly 4,700 MW, according to predictions made by the state Discom BSES. The Discom has detailed that compared to last year […] Read more
Indian Railways to be Transformed Into ‘Green Railways’ Updated On Wed, Dec 4th, 2019 by Saurenergy With the goal of transforming the Indian Railways into “Green Railways”, complete electrification of the Railway network has been approved by CCEA With the goal of transforming the Indian Railways into “Green Railways”, complete electrification of the Railway network has been approved by Cabinet Committee on Economic Affairs (CCEA) which will reduce its carbon footprint […] Read more
