Zingbus & Sheru Join Hands to Scale Intercity E-mobility Updated On Mon, Jun 5th, 2023 by Saurenergy Intercity bus service provider, zingbus, and Sheru, a provider of innovative battery management and energy storage solutions, have joined forces in a partnership aimed at scaling e-mobility for intercity commutes. Under the strategic partnership, zingbus plans to add 2200 electric buses and 4000 electric cars to its fleet over the next five years. Zingbus will […] Read more
Mcdonald’s Operator Westlife To Power A Third Of New Stores With Solar By FY24 Updated On Mon, Jun 5th, 2023 by Saurenergy To mark World Environment Day 2023, Westlife Foodworld Ltd. (formerly Westlife Development Ltd.) – owner and operator of McDonald’s restaurants in West and South India will progressively install rooftop solar panels on one-third of its new restaurants in FY24. This move is part of the company’s goal to increase the use of renewable energy. In […] Read more
Westbridge Inks Pact With MYTILINEOS to Monetize 1.4 GW Solar Portfolio Updated On Fri, Jun 2nd, 2023 by Saurenergy Vancouver-headquartered Westbridge Renewable Energy Corporation has signed a definitive agreement in connection with the purchase by Metka-EGN, which is a subsidiary of MYTILINEOS Energy & Metals, of a portfolio of five solar projects located in Alberta, Canada from Westbridge. The solar power projects have anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation. […] Read more
Canadian Solar To Help Deliver 99 MWh of BESS in UK Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy conglomerate Canadian Solar has said that CSI Energy Storage has entered into an agreement to deliver 49.5MW/99MWh of turnkey battery energy storage solutions to European solar and storage player Cero Generation and Enso Energy in the United Kingdom. The energy storage infrastructure is taking speed as the country looks for faster energy […] Read more
Hyundai Mobis Constructs New Battery Plant in Indonesia Updated On Thu, Jun 1st, 2023 by Saurenergy South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
Paresh Ranpara Joins Grid India as Director, Human Resources Updated On Thu, Jun 1st, 2023 by Saurenergy Paresh Ranpara has joined the Grid Controller of India (effective 31.05.2023) as Director, Human Resources. Ranpara has almost three decades of experience as an HR professional in the power sector. His professional experience entails his role as the General Manager of Human Resources at Gujarat Urja Vikas Nigam Ltd (GUVNL). The newly appointed Director of […] Read more
Amit Kumar Joins As The New CEO (EV Leasing) Of Gensol Engineering Updated On Thu, Jun 1st, 2023 by Saurenergy Gensol Engineering Limited, the EPC arm of the Gensol Group, recently appointed Amit Kumar as its new Chief Executive Officer (CEO) for its Electric Vehicle (EV) Leasing Business. This arm of the company deals with leasing solutions to accelerate the faster adoption of electric vehicles in India both at the business and individual levels. Kumar […] Read more
Natixis CIB Closes $364m Financing For Chilean Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […] Read more