No Assessment Done On The Financial Impact Of Uniform RE Tariff: Govt Updated On Wed, Dec 13th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh in his recent written reply given in the Parliament said that the government is yet to implement the Uniform Renewable Energy Tariff. In his response made before the Lower House, he also said that the ministry has now done any financial assessment on the likely impact […] Read more
China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility Updated On Tue, Dec 12th, 2023 by Saurenergy Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […] Read more
Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report Updated On Mon, Dec 11th, 2023 by Saurenergy A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […] Read more
These Fashion Behemoths are Investing in 500 MW Wind Project of Bangladesh Updated On Thu, Dec 7th, 2023 by Saurenergy Global fashion brands BESTSELLER and H&M Group are investing in Copenhagen Infrastructure Partners’ (CIP) first offshore wind project in Bangladesh. It is an offshore wind project for a capacity of 500 MW. Currently, it is in the phase of early-stage development by CIP in partnership with Summit Power, a firm that develops, owns and operates […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
COP28: Net-Zero Energy Mosque & Other Commitments from UAE Updated On Mon, Dec 4th, 2023 by Saurenergy The much-awaited COP28 being held in Dubai is seeing some big announcements come up from the UAE in partnership with other countries. Here are some noteworthy partnerships and announcements that were made by the region in the climate summit- Masdar & Indonesia Abu Dhabi Future Energy Company PJSC – Masdar, a renewable energy firm, has […] Read more
Sembcorp Eyes Wind Assets of 428 MW in India & China Updated On Thu, Nov 30th, 2023 by Saurenergy Singapore-based renewables player Sembcorp Industries Ltd has announced the signing of two agreements for the acquisition of 428 MW of operational wind farms in China and India. In China, the wholly-owned arm of the Sembcorp Group, Sembcorp Energy (Shanghai) Holding Co Ltd has entered into an agreement worth (USD 97.3m/EUR 88.8m) with Envision Energy Co […] Read more
Arctech Bags Additional Order of SkyLine II Project in India, Total Project Capacity At 3.4GW Updated On Tue, Nov 28th, 2023 by Saurenergy Arctech, a leading solar energy solutions provider, has confirmed the acquisition of an additional order for the SkyLine II solar tracking solution in India, bringing the total project capacity to an impressive 3.4GW. This expansion marks the largest project undertaken by Arctech in the Indian market. Situated in the arid desert region along the India-Pakistan […] Read more
