Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
Shell Recharge Forays Into Southeast Asia With EV Chargers in Singapore Updated On Mon, Aug 19th, 2019 by Saurenergy Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge EV chargers at petrol stations in Singapore Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge electric vehicle (EV) chargers at petrol stations in Singapore, the company’s first such foray in Southeast Asia. The electric vehicle charging service, […] Read more
EESL Ties up With Apollo Hospitals to Boost EV Charging Infrastructure Updated On Mon, Aug 19th, 2019 by Saurenergy EESL has signed a 10-year MoU with Apollo Hospitals to install public EV charging stations in its hospitals across India to boost e-mobility Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has signed a 10-year Memorandum of Understanding (MoU) with Apollo Hospitals Enterprises Ltd, to […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Resiliency to Drive US Microgrid Growth: WoodMac Updated On Mon, Aug 12th, 2019 by Saurenergy A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […] Read more
Hanergy SHJ technology Sets New World Record With 24.85% Conversion Rate Updated On Wed, Aug 7th, 2019 by Saurenergy Hanergy has jointly announced that the ISFH has certified its SHJ technology as the world’s most efficient. Hanergy Thin Film Power Group has jointly announced with Chengdu Zhufeng Yongming Technology company that the Institute for Solar Energy Research in Hamelin (ISFH), the German testing body has certified its silicon heterojunction thin-film battery technology (SHJ technology) […] Read more
UP Offers 25% Rebate on Land for Setting up EV Charging Points Updated On Wed, Aug 7th, 2019 by Saurenergy The Uttar Pradesh government has decided to give a rebate of 25 percent on the market rate of land for establishing EV charging units. The Uttar Pradesh government announced its decision to give a rebate of 25 percent on the market rate of land for establishing charging units for electric vehicles (EV). The state cabinet chaired by […] Read more
Exide and Leclanche JV to Begin Li-ion Battery Manufacturing Soon Updated On Tue, Aug 6th, 2019 by Saurenergy Exide Industries is planning to start manufacturing of Li-Ion batteries from its JV plant with Leclanche in Gujarat by end of this calendar year India’s largest storage battery maker Exide Industries is planning to start manufacturing of lithium-ion (Li-Ion) batteries from its joint venture plant in Gujarat by end of this calendar year, according to a […] Read more