Etrion to Sell 3 Japanese Solar Projects to Japanese Consortium for ~JPY 8.252 Bn Updated On Thu, Apr 1st, 2021 by Saurenergy Etrion Corporation, a solar independent power producer, today announced that Solar Resources Holding Sàrl and Etrion Japan K.K., wholly-owned subsidiaries of the Company, have entered into agreements (the “Transfer Agreements”) to sell their interests in the Company’s 13.2 MW Komatsu, 24.7 MW Shizukuishi and 9.3 MW Mito operating solar energy projects (collectively the “3 Projects”) […] Read more
IndiGrid Completes India’s Largest Transmission Asset Acquisition Updated On Sat, Mar 27th, 2021 by Saurenergy IndiGrid has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission from Sterlite Power. India Grid Trust (IndiGrid), India’s first and the largest power sector infrastructure investment trust (InvIT), has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission Limited (NER-II) from Sterlite Power at […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
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
