Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem Updated On Sat, Feb 20th, 2021 by Saurenergy South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […] Read more
Hindustan Coca-Cola Meeting 50% of Energy Requirements in Factories From RE Updated On Sat, Feb 20th, 2021 by Saurenergy Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has ramped up its renewable & clean energy capacity to meet 50% of its energy requirements through these sources. The feat has enabled the company to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission […] Read more
Iberdrola & Lexus to Offer Comprehensive EV Charging Network to Customers Updated On Fri, Feb 19th, 2021 by Saurenergy Iberdrola and Lexus are joining forces to achieve more sustainable mobility and move forward together in the electrification of transport. Iberdrola becomes the charging supplier for Lexus electric models in Spain, specifically for the new UX 300e, the first 100% electric vehicle from Lexus. In collaboration with Iberdrola, Lexus will install a home charging point […] Read more
Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030 Updated On Thu, Feb 18th, 2021 by Saurenergy A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […] Read more
Longroad Picks up 900 MW Solar Plus 1-2 GWh Storage Portfolio From First Solar Updated On Tue, Feb 16th, 2021 by Saurenergy Longroad Energy will acquire Sun Streams 2, 4, and 5, worth 900 MW dc plus the potential for 1-2 GWh of storage projects from First Solar Longroad Energy, a US-based renewable energy developer, owner, and operator has announced the signing of the acquisition of Sun Streams 2, 4, and 5, which total approximately 900 MWdc in […] Read more
Amazon Announces its Largest Single Renewable Energy Project Updated On Tue, Feb 9th, 2021 by Saurenergy Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […] Read more
EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State Updated On Tue, Feb 2nd, 2021 by Saurenergy EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […] Read more
Dominion Energy Acquires 150 MW Solar Project in Ohio from Invenergy Updated On Wed, Jan 20th, 2021 by Saurenergy Dominion Energy announced today that one of its subsidiaries has acquired the 150-megawatt (AC) Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Chicago-based Invenergy. Facebook will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project’s construction. “With this solar project, Dominion […] Read more
New York Awards Equinor and bp 2490 MW in Offshore Wind Contracts Updated On Fri, Jan 15th, 2021 by Saurenergy Equinor and bp have been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the US to date. Equinor, along with incoming strategic partner bp, has been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements […] Read more