Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
EDP Renewables Commissions 297 MW Sharp Hills Wind Farm in Canada’s Alberta Updated On Thu, Jan 25th, 2024 by Saurenergy Renewable energy company EDP Renewables along with its Canada-based arm commissioned the Sharp Hills Wind Farm near the hamlets of Sedalia and New Bridgen in Alberta, Canada. The project aims to elevate Alberta’s status as a renewable energy leader in Canada as well as to diversify the energy resources in the province. The Sharp Hills […] Read more
E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates Updated On Mon, Jan 15th, 2024 by Saurenergy A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […] Read more
Mercedes-Benz to Buy 10k Tonnes Lithium from Canada’s Rock Tech Updated On Thu, Aug 25th, 2022 by Saurenergy Leading automaker Mercedes-Benz AG and Canada’s lithium development company Rock Tech Lithium have announced that they will enter into an agreement which will provide for a strategic partnership to produce high-quality lithium hydroxide for the automaker and its battery suppliers. Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes […] Read more
Canadian Government Has Invested $765,000 to Deploy 117 V1G EV Chargers Updated On Wed, Jul 13th, 2022 by Saurenergy Canada-based Energy-Tech company, Peak Power has announced that it has received $765000 worth investment from the Canadian Government. With this investment, Peak Power will install 117 V1G EV chargers to achieve a zero-emission target under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The total cost of the ZEVIP program is over $1.6 million. The V1G […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
Canada, India Sign MoU On RE, Leave Coal Problem For A Deal In Future Updated On Fri, Jun 3rd, 2022 by Saurenergy Canada and India signed an Memorandum of Understanding on Thursday to mutually cooperate to make Renewable Energy a reliable source of electricity. However, the coal generated power is conspicuously absent from the MoU, raising several eyebrows since Canada is leading a global movement to end the burning of coal for electricity and India is the […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
Canadian Firm Closes $10M Series A to Expand Lithium Refining Capacity Updated On Tue, Nov 23rd, 2021 by Saurenergy Mangrove Lithium, a Vancouver based company, has closed a USD $10 million Series A investment round led by Breakthrough Energy Ventures (BEV) with participation from existing investor BDC Capital’s Cleantech Practice (BDC). The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western […] Read more
