4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme Updated On Fri, Feb 12th, 2021 by Saurenergy RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […] Read more
India to Come out With Advanced Battery Technologies for EVs: Nitin Gadkari Updated On Fri, Feb 12th, 2021 by Saurenergy Union minister Nitin Gadkari has said that the government will adopt an integrated approach and come out with a policy to make India self-reliant in the area of advanced battery technologies to power electric vehicles (EVs) and other applications. Diving in an integrated approach for developing indigenous fuel cells in the field of EVs, the […] Read more
IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
EV Manufacturer Rivian Sets Sights for IPO This Year Updated On Wed, Feb 10th, 2021 by Saurenergy Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter. The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […] Read more
Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects Updated On Wed, Feb 10th, 2021 by Saurenergy Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […] Read more
Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope Updated On Wed, Feb 10th, 2021 by Saurenergy On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […] Read more
Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries Updated On Tue, Feb 9th, 2021 by Saurenergy Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […] Read more
Power Demand in Delhi Peaked on Most Days of January Updated On Tue, Feb 9th, 2021 by Saurenergy Electricity demand in Delhi is picking with January registering 19 percent more peaks on 23 days than that in the last year, according to BSES Electricity demand in Delhi is picking up in the new year with January registering 19 percent more peaks on 23 days than that in the last year, according to officials […] Read more