EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
GM & Cruise Partner With Microsoft to Commercialise Self-Driving EVs Updated On Wed, Jan 20th, 2021 by Saurenergy GM and Cruise have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving EVs. General Motors (GM) and Cruise, have announced that they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving electric vehicles (EVs). As per the partnership agreement, the companies will bring together their […] Read more
Hartek Solar Commissions Rooftop Solar Project at a Panchkula Hospital Updated On Wed, Jan 20th, 2021 by Saurenergy Hartek Solar has announced the commissioning of its latest rooftop solar project of 50 kWp capacity at a hospital in Panchkula. Chandigarh-based solar solutions provider Hartek Solar has announced the commissioning of its latest rooftop solar project of 50 kWp capacity at a hospital in Panchkula. As per the firm, the rooftop solar system at Alchemist Hospital will generate […] Read more
Kia Introduces Future Brand Ambition, Announces Release of First BEVs Updated On Tue, Jan 19th, 2021 by Saurenergy Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […] Read more
Taaleri SolarWind II Fund Invests in two Wind Farms in Poland Worth 51.4 MW Updated On Tue, Jan 19th, 2021 by Saurenergy Taaleri SolarWind II fund invests in two ready-to-build wind farms in Poland with a combined capacity of 51.4 MW The Taaleri SolarWind II fund has, together with Masdar, one of the world’s leading renewable energy companies, acquired 100% ownership of the Mlawa and Grajewo wind farms. The wind farms are located in Northern Poland in […] Read more
e-Zinc Raises $2.3 Mn to Accelerate Commercialization of its Energy Storage Tech Updated On Tue, Jan 19th, 2021 by Saurenergy e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion […] Read more
GE Finalises Supply Contract for Orsted’s 1.1 GW Ocean Wind Offshore Project Updated On Tue, Jan 19th, 2021 by Saurenergy GE Renewable Energy has finalised supply and service contracts with Ocean Wind, the 1.1 GW Ørsted Project off the coast of New Jersey. GE Renewable Energy has announced that it has finalised supply and service contracts with Ocean Wind, the Ørsted Project off the coast of southern New Jersey. Ocean Wind will feature GE’s Haliade-X […] Read more
Siemens Gamesa Secures Another Order for 100 MW with Hanbaram Wind Power in Vietnam Updated On Tue, Jan 19th, 2021 by Saurenergy Siemens Gamesa and its EPC partner SEPEC-China Energy have secured a 100 MW onshore order with Vietnamese independent power producer Hanbaram Wind Power JSC, a second order following a recent maiden 117 MW order as the local developer expands its renewables portfolio to meet booming national demand. Located in Gia Lai province, the Hung Hai […] Read more
PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more