Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
EVgo To Run the Largest Fast Charging Network in the US on 100% RE Updated On Tue, May 7th, 2019 by Saurenergy EVgo, the largest public electric vehicle (EV) fast-charging network in the U.S, has announced that it has contracted for 100 percent renewable energy to power its customers, becoming the first EV charging network in the United States to do so. EVgo has contracts with its energy suppliers and renewable energy certificate (REC) partners to ensure […] Read more
LONGi 72 Bifacial Half Cell Module Hits Record with 450W Front-Side Power Updated On Tue, May 7th, 2019 by Saurenergy One of the leading solar module manufacturers in the world, LONGi has announced that the front side power of its 72-cell Bifacial half-cut module exceeded 450W, achieving one of the world’s highest power in this module type. This new record was tested and verified by renowned certification agency TÜV-SÜD. This marked another successful feat for […] Read more
Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
Govt. Launches Phased Manufacturing Programme to Aid the Domestic EV Market Updated On Tue, May 7th, 2019 by Saurenergy The Government of India has launched the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of electric vehicles, its assemblies/sub-assemblies and parts/subparts/inputs of the sub-assemblies thereof. The Government approved the National Mission on Electric Mobility in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013 by the then Prime Minister. […] Read more
Munzer Bharat. How an Austrian Firm Picked India for Its First Global Plant Updated On Mon, May 6th, 2019 by Saurenergy Munzer BioIndustrie, a family-owned firm from the little known town of Sinabelkirchen, near Vienna in Austria, finally got going in India this year, with its first BioDiesel plant starting pilot tests. Here is how, why and what the company expects to achieve with its Indian venture. The start of Munzer Bharat Private Limited itself has […] Read more
Carbon Taxes are the Best Way to Cut GHG Emissions: Report Updated On Mon, May 6th, 2019 by Saurenergy An IMF Executive Board review of the fiscal policies for Paris climate strategies and discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India Updated On Mon, May 6th, 2019 by Saurenergy Ratan Tata’s investment in Ola Electric is being seen as an endorsement of the company’s approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A […] Read more
