Daily News Wrap up: Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans
Saur Energy International Magazine
Saur Energy International Is the most well read magazine on solar energy news and the energy transition in India
RENEWABLE ENERGY NEWS
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans
At the fourth edition of Re-invest 2024, you might be tempted to believe that India's renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled 'Shapath...Read more .
Jakson Green Signs MoU With REC For Solar IPP Projects
Renewable energy project developer Jakson Green today announced taking another step towards accelerating India's clean energy transition with the signing of a ?1,420 Crore Memorandum of Understanding (MoU) with REC Limited for our solar IPP projects. "This investment will significantly boost renewable energy capacity, directly...Read more .
Green Stocks Sep 17: Waaree RTL Stands Out Again
For the second consecutive day, Waaree RTL was licked at the upper circuit. This ability from Waaree to attract the many investors who seemed to have left it only a week ago, could not be replicated by a new listing, module, and cell maker Premier...Read more .
Cosmic PV Showcases Its Solar Products At RE+ In US
Surat-based solar module OEM company Cosmic PV Power recently made its first appearance on the global stage at RE+ Anaheim, California, USA, North America’s largest and most comprehensive clean energy event.? The company said that this debut at RE+ USA was significant for Cosmic PV...Read more .
RMC Switchgears Secures 41 MW Solar PV Project In Maharashtra
RMC Switchgears today received an order to develop a 41 MW (AC) solar photovoltaic power project in Maharashtra. RMC Switchgears received a contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the solar photovoltaic power project in the RESCO model. The project will...Read more .
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY
Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$...Read more .
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EV's & Storage News
Mahindra Plans To Expand Its EV Portfolio With ‘Veero’
Mahindra & Mahindra Ltd. has unveiled its new model-Veero, a new light commercial vehicle (LCV) that aims to transform the segment. Priced from Rs 7.99 lakh, the Mahindra Veero is built on India’s pioneering Multi-Energy Commercial Vehicle (CV) platform, supporting diesel, CNG, and future electric...Read more .
JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha
The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund...Read more .
Mercedes-Benz Launches New Made-in-India Electric SUV
Mercedes-Benz has introduced its second 'Made In India' electric car for the country. Christened EQS SUV 580 4MATIC, the EV is priced at Rs 1.41 crore. Produced at the company’s Pune plant, this SUV displays advanced battery technology and features aimed at enhancing sustainability The...Read more .
eBikeGo Group Venture GreenPioneer Appoints Iftekhar Ahmed As CEO
eBikeGo, India’s electric vehicle rental platform, has entered into a partnership with GreenPioneer Mobility, a company working on personal mobility. The group has now announced appointing Iftekhar Ahmed as the CEO of the new venture to lead the expansion of this firm. As part of...Read more .
COP29 Presidency Proposes 1,500 GW Energy Storage Target By 2030
The Conference of Parties (COP29) Presidency today announced its Initiatives as part of its “Action Agenda” to give an impetus to climate action and to supplement the formal negotiated COP agenda. In a letter addressed to all Parties and non-party stakeholders, COP29 President-Designate Mukhtar Babayev...Read more .
Cygni, HiNa To Bring India-Specific Sodium-ion Energy Solutions
Cygni Energy Private Limited, a Hyderabad-based energy storage solutions player has planned to collaborate with HiNa to develop India-specific Sodium-ion based storage solutions. This storage solution is cheaper, safer, and allows 20-minute charging.Cygni Energy has been an advocate of Sodium-ion-based solutions and a challenger to...Read more .
Coming Soon: World’s Largest 16 Gwh Supercap Energy Storage Facility
Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, a leading diversified investment holding company have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current...Read more .