Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA Updated On Mon, Aug 10th, 2020 by Saurenergy ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […] 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
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
EDP, Galp, Vestas and More to Asses Green Hydrogen Feasibility in Portugal Updated On Wed, Jul 29th, 2020 by Saurenergy EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, which aims to implement an industrial cluster for green hydrogen production based in the city of Sines in Portugal. EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, […] Read more
Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility Updated On Wed, Jul 29th, 2020 by Saurenergy Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […] Read more
