ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more
European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona Updated On Fri, Nov 4th, 2022 by Saurenergy EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […] Read more
Attero Picks Telangana For Its Advanced Li-ion Battery Recycling Plant Updated On Thu, Nov 3rd, 2022 by Saurenergy Attero Recycling, India’s largest electronic waste recycling and the world’s largest Li-ion battery recycling company, today announced that it will invest ₹600 crores to set up a state-of-the-art integrated Lithium-ion battery recycling factory in Telangana. The facility will be spread over 50 acres and will increase Attero’s Li-Ion battery recycling capacity to 19,500 MT by […] Read more
Jaguar Land Rover, Wolfspeed Partner for SiC Semiconductor Tech Supply Updated On Wed, Nov 2nd, 2022 by Saurenergy Jaguar Land Rover and Wolfspeed have announced a strategic partnership to supply Silicon Carbide semiconductors for next generation electric vehicles, delivering increased powertrain efficiency and extended driving range. Under its Reimagine strategy, Jaguar Land Rover is transforming to an electric-first business, to become carbon net zero across its supply chain, products, services, and operations by 2039. […] Read more
Indigenizing Solar Manufacturing: Charting the Course to a Solar Self-Sufficient India Updated On Tue, Nov 1st, 2022 by Saurenergy Building a strong solar manufacturing sector and supply chain in India will help support the economy and keep pace with rising domestic and global demand for affordable solar energy. Currently, the Indian solar manufacturing industry doesn’t have the capacity to produce PV modules to meet the majority of today’s domestic demand. With all that in […] Read more
European Offshore Wind Companies Push Into Asian Offshore Wind Market Updated On Wed, Oct 26th, 2022 by Saurenergy The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […] Read more
Tata Motors, Tata Power to Install 7 MW Solar Plant at Pantnagar Factory Updated On Tue, Oct 18th, 2022 by Saurenergy The two companies of the Tata Group – Tata Motors and Tata Power – have announced that they have entered into a Power Purchase Agreement (PPA) for the development of a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. According to the company, this installation is collectively expected to generate 215 […] Read more
Hydrogen Firm Symbio to Invest EUR 1 Bn in Fuel Cell Production in France Updated On Wed, Oct 12th, 2022 by Saurenergy Faurecia and Michelin joint venture, Symbio, has announced the global scale of its HyMotive project that is to entail a total investment of EUR 1 billion in fuel cell production across France through 2028. The official statement of Symbio held that HyMotive will multiply Symbio’s capabilities in two phases. Symbio is a global hydrogen fuel […] Read more
