Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis Updated On Fri, Feb 26th, 2021 by Saurenergy BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan Updated On Thu, Feb 25th, 2021 by Saurenergy Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […] Read more
Triton EV Signs MoU With BEL to Develop EV Opportunities in India Updated On Tue, Feb 23rd, 2021 by Saurenergy The US-based new subsidiary of Triton Solar, Triton EV, has announced its expansion plans in India with its manufacturing facility set up for electric vehicles (EVs) and energy storage systems. “We have announced the availability of SUV Model H and Triton EV Sedan Model N4. Very soon, we will showcase these Triton EVs for Indian […] Read more
EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
Amara Raja Opens Tech-hub for Lithium-ion Cells in Tirupati Updated On Mon, Feb 22nd, 2021 by Saurenergy Amara Raja Batteries has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. Amara Raja Batteries, a leading automotive battery manufacturer in India has announced that it has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in the state of Andhra […] Read more
MoRTH Launches ‘Go Electric’ Campaign To Promote E-Mobility & E-Cooking Updated On Fri, Feb 19th, 2021 by Saurenergy Union Minister Nitin Gadkari today launched the ‘Go Electric’ campaign of the Bureau of Energy Efficiency (BEE) to promote and spread awareness on electric mobility, EV charging infrastructure, and clean and safe electric cooking in India. Minister for Road Transport & Highways and the Minister of Micro (MoRTH), Nitin Gadkari, the Minister of Power and […] Read more
