Let’s Make India The Recycling Hub Of The World: Rajat Verma Updated On Wed, Jul 1st, 2020 by Saurenergy As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […] Read more
Enel Scores First Solar Tender win in India, 420 MW Project in Rajasthan Updated On Wed, Jul 1st, 2020 by Saurenergy Enel Green Power has won its first solar tender in India, has been awarded the right to sign a 25-year energy supply contract for a 420 MW solar project. Enel Green Power has announced that it has, through its Indian renewable energy subsidiary EGP India – Avikiram Surya India, won its first solar tender in […] Read more
Green Energy can Shoulder India’s Economic Recovery After COVID-19: Report Updated On Wed, Jul 1st, 2020 by Saurenergy A new report shows how COVID-19 is influencing principles and strategic opportunities in the clean energy transition to support the economic recovery. A new report has detailed how COVID-19 is influencing the clean energy transition in India, as well as identifying principles and strategic opportunities that if implemented well, will drive economic recovery and maintain momentum […] Read more
Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’ Updated On Mon, Jun 29th, 2020 by Saurenergy KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
How India has Become the World’s Largest Clean Energy Auction Market: BNEF Updated On Fri, Jun 26th, 2020 by Saurenergy BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […] Read more
Utility-Scale Solar Remains Off-Limits Across Solar Rich Southwest US: IEEFA Updated On Fri, Jun 26th, 2020 by Saurenergy The largest property owner in the US—the Bureau of Land Management (BLM)—has acreage set aside for utility-scale solar development on only 0.03 percent of the roughly 100 million acres it manages across the sun-rich Southwest, finds a report published by the Institute for Energy Economics and Financial Analysis. The report—Federal Land Agency Lags on Solar Development Approvals […] Read more