Renault Looks to Separate Electric Vehicles’ Business Updated On Tue, Apr 26th, 2022 by Saurenergy Renault has said that it might separate its electric vehicle vertical from the rest of the car making business. Renault informed that it might exercise the option of going for a public listing of the business in the second half of 2023. Groupe Renault is a century old French carmaker and is currently 16th largest automotive […] Read more
Borosil to acquire Europe’s largest solar glass maker Interfloat Group Updated On Tue, Apr 26th, 2022 by Saurenergy Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […] Read more
Dependence on Lithium A Speed Breaker For EV Transition Updated On Tue, Apr 26th, 2022 by Saurenergy Lithium supply chain risks are wrecking plans for the expansion of EVs as well as large storage. Among its other uses in renewable technology, lithium is a key element in electric car batteries. Electric car sales are at an all-time high, with companies including Tesla, Volkswagen, and Mercedes posting record shipments in the first three months of […] Read more
GESCOM invites bids for 3 MWp rooftop solar systems in Karnataka Updated On Mon, Apr 25th, 2022 by Saurenergy Gulbarga Electricity Supply Company Limited (GESCOM) has invited bids for the empanelment of vendors for the development of 3MWp rooftop solar plants in residential buildings under Phase-II Scheme of MNRE in Karnataka. Key dates of the tender are as below: Last date for submission of queries : 02.05.2022 @ 11.00 Hrs. Pre-Bid meeting : 04.05.2022 […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Siemens Gamesa to sell European RE assets to SSE for €580 million Updated On Thu, Apr 21st, 2022 by Saurenergy Renewable Energy major Siemens Gamesa has announced that it has entered into an agreement with Scotland-based SSE Renewables to sell its South European renewables development assets for a total cash consideration of €580 million. The official statement says that the sale includes a pipeline of onshore wind projects that have a total capacity of 3.9 […] Read more
Hero Electric Partners with BOLT to set up 50,000 EV Charging Stations across India Updated On Thu, Apr 21st, 2022 by Saurenergy Electric Two wheeler market leader Hero Electric has partnered with BOLT, India’s largest EV Charging Network, to set up 50,000 EV charging stations in India in the next one year. The announcement follows similar announcements involving Electric Pe, Sun Mobility and Massive Mobility that Hero Electric has already announced earlier. These cover the whole gamut […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects Updated On Tue, Apr 19th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […] Read more
