South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
Stem Awarded 68 MWh Storage Projects to aid Low Income California Families Updated On Fri, Jan 8th, 2021 by Saurenergy Stem, an AI-driven storage systems provider, has bagged 68 MWh storage projects in the latest California SGIP Non-Residential Equity lottery. Stem Inc, a leading artificial intelligence (AI)-driven energy storage systems provider has announced that it, along with partners, has been awarded 68 megawatt-hours (MWh) in storage projects from the December 2020 California Self-Generation Incentive Program […] Read more
Vistra Brings Online its 1200 MWh Battery Storage System in California Updated On Fri, Jan 8th, 2021 by Saurenergy Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […] Read more
Xcel Energy Releases RfP For 500 MW Solar Power Generation Updated On Thu, Jan 7th, 2021 by Saurenergy U.S. based Renewable Energy Provider, Xcel Energy has released a Request for Proposals (RfP) for the generation of approximately 500 MW of solar power near its Sherburne County (Sherco) Generating Station in Becker, Minnesota. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across parts of eight Midwestern and Western states, […] Read more
DSD Acquires Two-Project, 10 MW Community Solar Portfolio in Lenox, NY Updated On Thu, Jan 7th, 2021 by Saurenergy Distributed Solar Development (DSD) has acquired a two-project, 10 MW community solar portfolio in Lenox, New York. “This acquisition materially increases DSD’s New York Community Solar portfolio, which the company will continue to expand in 2021,” says Jon Morton, Vice President of Acquisitions at DSD. Both projects are ground-mounted and were purchased 75% complete from a […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
1 Mn E-2W Sales Target by March 2022 Under FAME-II ‘Nowhere in Sight’: SMEV Updated On Thu, Jan 7th, 2021 by Saurenergy The ambitious target of generating a sale of 1 million E-2W by March 2022 under FAME-II is nowhere in sight, the SMEV has said. With just 25,735 units of high-speed electric two-wheelers (E-2W) sold in 2020, the ambitious target of generating a sale of 1 million such vehicles by March 2022 under FAME-II is nowhere […] Read more
Ideanomics Acquires Wireless Charging Provider WAVE, Signs a Definitive Agreement Updated On Thu, Jan 7th, 2021 by Saurenergy New York based Ideanomics has announced the 100 percent acquisition of private wireless charger provider for heavy-duty electric vehicles (EVs), Wireless Advanced Vehicle Electrification (WAVE), Inc. The acquisition has been done by considering cash and stock, and the material terms which are disclosed in the Company’s related 8-K filing. While Roth Capital Partners acted as […] Read more
