Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
Europe and North America to Cross 1 Million Workplace EV Chargers by 2025 Updated On Thu, Nov 7th, 2019 by Saurenergy The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025 As grid operators, automakers, transit authorities, companies and governments prepare for the 37.2 million electric vehicles (EVs) set to be on road in 2025, interest in workplace charging opportunities is […] Read more
CCI Okays Hyundai, Kia’s Stake Buy in ANI, Ola Electric Updated On Thu, Oct 31st, 2019 by Saurenergy The Competition Commission of India (CCI) has provided its nod for the acquisition of shareholding by Hyundai Motor and Kia Motors in Ola Electric Mobility and ANI Technologies. The Ministry of Corporate Affairs said in a statement that, “CCI approves the acquisition of shareholding in ANI Technologies Pvt Ltd (ANI) and Ola Electric Mobility Pvt […] Read more
Advanced Lithium-Ion Technologies on Route for Record Investments in 2019 Updated On Tue, Oct 29th, 2019 by Saurenergy A new report has revealed that USD 350 million was invested globally in advanced lithium-ion technologies during the first half of 2019. Analyst firm Wood Mackenzie‘s ‘Global energy storage outlook, Q3 2019′ indicates more than USD 350 million invested globally in advanced lithium-ion technologies during the first half of 2019. It was just over USD 600 […] Read more
US Non-Residential Storage Market to Grow 10-Fold by 2024 Updated On Mon, Oct 28th, 2019 by Saurenergy Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […] Read more
RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland Updated On Mon, Oct 28th, 2019 by Saurenergy RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […] Read more
China Playing Catch-up in Offshore Wind Technology: GWEC Updated On Fri, Oct 25th, 2019 by Saurenergy A new analysis has revealed that while China is dominating in the supply of offshore turbines, it is still playing catch-up in terms of technology In 2018, 11 manufacturers installed 735 units of offshore wind turbines globally, totalling 3,693 MW of capacity, and six out of these top ten suppliers are from China. The firms […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
AAP Challenges BJP to Match 200 Units of Free Electricity in Ruling States Updated On Wed, Oct 23rd, 2019 by Saurenergy AAP has challenged BJP to give 200 units of free electricity in any state it rules after a BJP spokesperson promised to give 5 times more benefits if voted to power The Aam Aadmi Party (AAP) has challenged the Bhartiya Janta Party (BJP) to give 200 units of free electricity in any state it rules, […] Read more
