Tata Motors Announces Monthly Subscription Model for its Nexon EV Updated On Thu, Aug 6th, 2020 by Saurenergy Tata Motors has launched a subscription model for EVs, under which it is making available the Nexon EV at a fixed rental starting at Rs 41,900 per month. Tata Motors, one of India’s leading automobile manufacturers, has announced the launch of a first of its kind subscription model for electric vehicles (EV). Designed to make […] Read more
Mercedes-Benz and CATL Expand Partnership on EV Battery Technology Updated On Thu, Aug 6th, 2020 by Saurenergy Mercedes-Benz and CATL have entered the next stage of their partnership and will create cutting-edge battery technology for the German firms’ EV portfolio. Mercedes-Benz and Contemporary Amperex Technology Limited (CATL) have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. […] Read more
Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA Updated On Thu, Aug 6th, 2020 by Saurenergy Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […] Read more
BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE Updated On Wed, Aug 5th, 2020 by Saurenergy The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […] Read more
Voltalia Begins Setting Up 59 MW Brazil Wind Farm Updated On Wed, Aug 5th, 2020 by Saurenergy The VSM4 project is in Voltalia’s Serra Branca cluster, the world’s biggest wind-and-solar cluster Voltalia, an international player in renewable energy sector, started construction of its 59 MW VSM4 wind farm in the Serra Branca cluster, Brazil. Nordex Group is supplying the 17 wind turbines to be installed at the VSM4 site, each with a […] Read more
RERC Increases Capacity by 400 MW under KUSUM Yojana Updated On Tue, Aug 4th, 2020 by Saurenergy In Rajasthan, Solar PV Projects Totaling 725 MW will be Installed now, under Component-A of the KUSUM Yojana The Rajasthan Electricity Regulatory Commission (RERC) has increased the capacity of solar PV projects to be installed in Rajasthan under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (KUSUM) Yojana by 400 MW. Rajasthan […] Read more
US-based AES Corp Expands Footprint in Brazilian Renewable Sector Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […] Read more
NTPC Planning to Raise Rs 1000 Crore via Bonds Updated On Thu, Jul 30th, 2020 by Saurenergy NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […] Read more
Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain Updated On Thu, Jul 30th, 2020 by Saurenergy Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […] Read more