IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] Read more
Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL Updated On Mon, Apr 1st, 2024 by Saurenergy CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […] Read more
Nordcell Plans 1.2 GW Module Plant In Sweden Updated On Mon, Apr 1st, 2024 by Saurenergy Going against the grain of recent announcements of stress in the solar manufacturing sector in Europe, Swedish manufacturer Nordcell has shared plans to build a 1.2GW module manufacturing plant in northern Sweden, termed GIGA One. Nordcell said it is evaluating sites for the facility and hoped to begin production as early as the first half […] Read more
Austria Development Bank Invests In RE Firm AMPIN Energy Updated On Sat, Mar 30th, 2024 by Saurenergy Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […] Read more
Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours Updated On Fri, Mar 29th, 2024 by Saurenergy In two back to back filings at the Bombay Stock Exchange (BSE), Adani Green Energy Limited has announced the operationalisation of two traches of solar projects at Khavda Gujarat. While one involved a group of projects adding upto 775 MW, the other filing pertained to a further 212 MW of projects operationalised. The announcements follow […] Read more
ALMM To Rule Solar From April 1, 2024 in India Updated On Fri, Mar 29th, 2024 by Saurenergy Putting to rest any doubts over the future of sourcing for key solar projects, the Ministry of New and Renewable Energy (MNRE) has confirmed the deadline of March 31 for ending all ALMM related exemptions for developers in a terse, one page office memorandum. At SaurEnergy, we had predicted this outcome early this week. That […] Read more
Luminous Moves Forward On Solar Panel Mfg. With 250 MW Panel Plant Updated On Thu, Mar 28th, 2024 by Saurenergy Leading energy solutions firm Luminous Power Technologies inaugurated its Solar Panel Factory in Rudrapur, Uttarakhand. The company claims the facility has cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish […] Read more
Leeward Renewable Energy Secures 400 MW Solar Projects From Microsoft In Texas Updated On Thu, Mar 28th, 2024 by Saurenergy US-based renewable energy company, Leeward Renewable Energy has announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. Through these PPAs, Microsoft will purchase the power generated from two 200-MW LRE solar facilities currently under development at Morrow Lake Solar in Frio County, Texas, and Cradle Solar in Brazoria […] Read more
