TotalEnergies Enters 1GW Offshore Wind JV in California Updated On Thu, Mar 3rd, 2022 by Saurenergy TotalEnergies has joined Trident Winds Inc. in the Castle Wind LLC joint venture for the development of a 1 GW offshore wind project off the coast of Morro Bay, off the Central California Coast, an official statement said. The company entered the JV and acquired the shares previously held by EnBW North America, it added. […] Read more
MG Motor-PPG Asian Paints JV to cut CO2 emissions by 1500 tons/annum Updated On Thu, Mar 3rd, 2022 by Saurenergy MG Motor India has recently become the world’s first automotive brand to use ULTRAX Degreaser, a liquid alkaline degreasing cleaner developed by PPG Asian Paints, an official announcement said. The degreasing pre-treatment chemical launch aligns with the brand’s focus on making sustainable mobility greener, leading to a CO2 reduction of 787 tons/annum, it added. Apart […] Read more
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
Hyundai to Launch 17 EV Models by 2030 Updated On Thu, Mar 3rd, 2022 by Saurenergy South Korean auto giant Hyundai has planned to come up with at least 17 complete electric vehicle (EV) models by 2030. The plan is to ensure a robust EV line up and stay afloat in the view of tough competition from rival EV makers in the global market. The plan was disclosed when Hyundai Chief Executive […] Read more
Shell to Take 49% Stake in German Wind Developer WestWind Energy Updated On Wed, Mar 2nd, 2022 by Saurenergy Oil and gas conglomerate Shell Plc has announced to buy a 49% stake in WestWind Energy. The new investment by Shell is to develop a low-carbon power generation business in Australia. WestWind Energy is an arm of Germany’s wind farm developer WestWind Group. Shell Energy Operations wants to develop a 3 gigawatt (GW) portfolio in […] Read more
The Top 5: Electric Two-Wheeler Manufacturers in India Updated On Tue, Mar 1st, 2022 by Saurenergy The Indian Electric two-Wheeler market stands out for one clear reality. The entry of multiple new startups in the two wheeler space, who hope to use the technology change to grab market share from the legacy two wheeler players. While it is early days yet, it is clear that at least a few of the […] Read more
Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years Updated On Mon, Feb 28th, 2022 by Saurenergy Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
