India Gets Its First Set Of E-Double Decker Buses in Mumbai Updated On Thu, Feb 16th, 2023 by Saurenergy Mumbai’s Brihanmumbai Electric Supply and Transport (BEST) received its first set of E-double decker buses -Switch EiV 22- manufactured by Switch Mobility. Switch Mobility is a subsidiary of Hinduja Group flagship Ashok Leyland and is a manufacturer of next-generation electric bus and light commercial vehicle manufacturer. The electric double deckers are lightweight buses made of […] Read more
Enagás Renovable, Naturgy to Build 280 MW Green Hydrogen Plant in Spain Updated On Wed, Feb 15th, 2023 by Saurenergy Energy players Enagás Renovable and Naturgy will be constructing a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla, Spain. As per the official statement of Enagás, the new green hydrogen plant is scheduled to start up in 2026 with an estimated investment of EUR 485 million. It will […] Read more
Chemical Giant Lanxess to Source Green Electricity from Engie Updated On Wed, Feb 15th, 2023 by Saurenergy Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […] Read more
Vestas Gets Wind Turbine Order for 68 MW for Estonian Project Updated On Tue, Feb 14th, 2023 by Saurenergy Danish wind turbine manufacturer Vestas has announced that it has received a 68 MW order from Dirkshof Estonia OÜ to power the Aidu project in Estonia. Dirkshof Estonia OÜ is a German wind energy developer and service provider. Vestas held that the order includes supply, installation, and commissioning of 15 V150-4.5 MW turbines. It has […] Read more
Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity Updated On Mon, Feb 13th, 2023 by Saurenergy State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […] Read more
Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
In Double Delight For RE Developers, R.K. Singh Confirms ALMM Exemption, CERC Relaxes DSM Conditions Updated On Sun, Feb 12th, 2023 by Saurenergy The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference, Singh, while taking credit for introducing the idea of expanding […] Read more
EDP Renewables Inaugurates 580 MW Wind Energy Complex; Its Largest In Brazil Updated On Fri, Feb 10th, 2023 by Saurenergy EDP Group subsidiary EDP Renewables has announced the inauguration of its largest wind farm complex worldwide in Brazil. The complex has an installed capacity of 580 MW and 138 wind turbines in the state of Rio Grande do Norte. Here EDP Renewables has a strong presence with over 800 MW of wind energy installed and […] Read more