Ørsted To Acquire US Offshore Wind Seabed For $625 Million Updated On Tue, May 30th, 2023 by Saurenergy Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […] Read more
Kerala to Welcome Special Zone for Electric Vehicle Industry Updated On Mon, May 29th, 2023 by Saurenergy Kerala will soon welcome a special zone for the electric vehicle (EV) industry. The announcement was made by Industries Minister for the state, P Rajeeve. It is being held that the special zone will host battery production, technology development and other areas that delve into the EV sector. The minister further stated that the government […] Read more
IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
RWE Is Now Sole Owner Of 1.6-GW Nordseecluster Offshore Wind Project Updated On Fri, May 26th, 2023 by Saurenergy RWE has said that it has strengthened its position in the German offshore wind market as it has become the sole owner of 1.6-GW cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, […] Read more
LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing Updated On Fri, May 26th, 2023 by Saurenergy Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […] Read more
India Among Top 5 Global Destinations In RE Investments: IEA Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets. The global report also termed the Indian solar market ‘dynamic.’ However, […] Read more
Uber Green Set to Establish Presence In India Starting June 2023 Updated On Thu, May 25th, 2023 by Saurenergy Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
Suzlon Continues Order-Winning Spree with 300 MW Wind Project for Torrent Power Updated On Wed, May 24th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group, has bagged a fresh order from Torrent Power Limited for its new 3 MW series of wind turbines. The firm will look after the development of a 300 MW wind power project. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a […] Read more
