Behind China’s Energy Transition-Huanghe Hydro’s Solar Shift Updated On Wed, Feb 26th, 2020 by Saurenergy As the energy transition picks pace, traditional energy firms worldwide have struggled to adapt. While the fossil fuel global majors have barely done a little better than actually resisting change, some others have been adapting, quietly. Be it India’s thermal giant NTPC with its plan to add 10 GW renewables generation capacity by 2024, or […] Read more
LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
AES Distributed Energy Secures $341 Million in Debt Financing Updated On Fri, Feb 21st, 2020 by Saurenergy AES Distributed Energy has entered into a USD 341 million debt agreement which provides new capital for a portfolio of distributed generation projects AES Distributed Energy (AES DE), a subsidiary of the AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), has announced […] Read more
Sungrow- Breaking Stereotypes Updated On Wed, Feb 19th, 2020 by Saurenergy Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […] Read more
Avis India Partners With quikk India for Electric Vehicle Fleet Updated On Tue, Feb 18th, 2020 by Saurenergy Avis India has announced that it has formed a partnership with quikk India to offer corporate electric mobility services, starting with the Delhi-NCR region Avis India has announced that it has formed a partnership with quikk India on February 17, 2019, to offer corporate electric mobility services which will include an EV fleet and access to robust […] Read more
Global EV Component Market to Reach $157.4 Bn by 2025: Report Updated On Mon, Feb 17th, 2020 by Saurenergy With the burgeoning EV demand worldwide, the global EV component market is projected to reach USD 157.4 billion by 2025 from USD 22.2 billion in 2018 With the burgeoning electric vehicle (EV) demand worldwide, the production of related components is set to get a boost. According to ResearchAndMarkets.com, the global electric vehicle component market is projected to […] Read more
Rio Tinto to Build Solar Plant in Western Australia to Power Iron Ore Mine Updated On Mon, Feb 17th, 2020 by Saurenergy Rio Tinto has approved an investment in a solar plant at the Koodaideri mine in Western Australia, as well as a lithium-ion BESS to power mining operations Rio Tinto has approved a $98 million (100 percent basis) investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia, as well as a […] Read more
Gadkari Inaugurates First Inter-City Electric Bus Service in Maharashtra Updated On Sat, Feb 15th, 2020 by Saurenergy Union Transport Minister Nitin Gadkari on Friday inaugurated the first inter-city electric bus service, between Mumbai and Pune in Maharashtra. Live from the Inauguration of Pune – Mumbai – Pune Electric Bus https://t.co/QxDDNUrbmP — Nitin Gadkari (@nitin_gadkari) February 14, 2020 Union Minister for Transport, Highways, and MSMEs, Nitin Gadkari on Friday inaugurated the first inter-city […] Read more
