EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
McDermott Joins AquaVentus Consortium for Green H2 Production Updated On Thu, Sep 30th, 2021 by Saurenergy Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl Updated On Mon, Sep 27th, 2021 by Saurenergy Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […] Read more
Data Scientist Updated On Fri, Sep 24th, 2021 by Saurenergy As a Data Scientist you will work in collaboration with our business and engineering people, on creating value from data. Often the work requires solving complex problems by turning vast amounts of data into business insights through advanced analytics, modelling and machine learning. You have a strong foundation in analytics, mathematical modelling, computer science, and […] Read more
Mumbai’s BEST Issues Tender for 1,900 Electric Buses Updated On Tue, Sep 21st, 2021 by Saurenergy Mumbai’s BEST (the Brihanmumbai Electric Supply & Transport Undertaking) has issued tenders for procuring 1,900 fully electric buses, signalling one of the biggest electric bus fleet expansions in the country. It will issue tenders in the next few days for procuring 200 double deckers, which will also be fully electric, according to media reports. “We […] Read more
Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research Updated On Tue, Sep 21st, 2021 by Saurenergy The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […] Read more
“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter Updated On Wed, Sep 15th, 2021 by Saurenergy Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […] Read more
New-build Properties in UK to Feature EV Chargers Updated On Mon, Sep 13th, 2021 by Saurenergy EV chargers will be built into all new homes and offices under new legislation that the British government aims to introduce this year. The legislation, revealed last week by the Transport Minister Rachel Maclean, will require all new-build properties to feature “smart” charging devices that can automatically charge vehicles during off-peak periods. New office blocks […] Read more
