Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan Updated On Thu, Mar 19th, 2020 by Saurenergy TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […] Read more
Tata Motors Lucknow Plant to Meet 100% Energy Demand From RE by 2030 Updated On Thu, Mar 19th, 2020 by Saurenergy Tata Motors has announced that its Lucknow plant is on track to attaining 100 percent renewable energy sourcing for all its operations by 2030. Staying true to its core philosophy of adopting sustainable practices, Tata Motors has announced that its Lucknow plant has minimised the use of energy in its functions and processes with its […] Read more
ABB Completes Acquisition of Chinese EV Charging Provider Chargedot Updated On Wed, Mar 18th, 2020 by Saurenergy ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to […] Read more
Brookfield Renewable and TerraForm Power Enter Definitive Merger Agreement Updated On Wed, Mar 18th, 2020 by Saurenergy Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
Pattern Energy and CPP Investments Complete Merger Transaction Updated On Tue, Mar 17th, 2020 by Saurenergy Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
BHEL to Supply Electric Buses With Charging Infrastructure in UP Updated On Tue, Mar 17th, 2020 by Saurenergy BHEL has won an order for the supply of electric buses along with the charging infrastructure of these buses for Gorakhpur City in Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has announced it has won an order for the supply of electric buses along with charging infrastructure of these […] Read more
RenewSys Elevates Nandkumar Pai as CEO of PV Modules & Cells Biz Updated On Mon, Mar 16th, 2020 by Saurenergy RenewSys, which is country’s first integrated manufacturer of solar photovoltaic (PV) modules and its key components, encapsulants, backsheets and solar PV cells, on Monday said that it has appointed Nandkumar Pai as Chief Executive Officer (CEO) of its PV modules & cells division. As a company with a swiftly expanding global footprint, it will continue […] Read more
