Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness Updated On Thu, Nov 3rd, 2022 by Saurenergy India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […] Read more
First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy Updated On Thu, Oct 27th, 2022 by Saurenergy Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies Updated On Wed, Oct 19th, 2022 by Saurenergy Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […] Read more
China’s BYD Launches its First Passenger Electric Car in India Updated On Wed, Oct 12th, 2022 by Saurenergy BYD, a Chinese electric car manufacturer financed by Warren Buffet, debuted its first passenger car in India: an electric sport-utility vehicle (SUV). This marked BYD’s entry into the mainstream market as part of a larger global expansion. BYD, which currently offers electric buses and vehicles (EVs) for corporate fleets in India, unveiled the Atto 3 […] Read more
Launch Of Vida V1: Hero Motocorp Officially Enters EV Updated On Mon, Oct 10th, 2022 by Saurenergy India’s largest two-wheeler manufacturer, Hero Motocorp, has finally entered the electric vehicle market with the launch of its pioneer in the sector, Hero Vida V1. Hero launched its first EV model V1 electric scooter at a starting ex-showroom price of Rs 1,45,000 under its new brand Vida on October 7. The scooter comes in two […] Read more
Danish Firm Vestas Gets Twin Orders for Turbine Supply of 148 MW Updated On Tue, Oct 4th, 2022 by Saurenergy Denmark-based Vestas Wind Systems A/S has announced that it has received turbine supply orders for 148 MW of wind projects in Finland and Lithuania. The Lithuania order will also include engineering, procurement and construction (EPC) services. Both the orders to Vestas are for 74-MW each. Vestas did not specify the names of its clients in […] Read more
Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
