Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe Updated On Fri, Feb 25th, 2022 by Saurenergy South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […] Read more
Ola Electric Plans 50 Gwh India Battery Plant in EV Push Updated On Fri, Feb 25th, 2022 by Saurenergy Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh) as part of its broader electrification push, according to recent media reports. Ola will need 40Gwh of battery capacity to meet its annual target to produce 10 million electric scooters and […] Read more
DHL Seeks to Cut Emissions by Deploying Solar Panels on EV Fleet Updated On Fri, Feb 25th, 2022 by Saurenergy DHL Express is installing solar panel units on trucks within its U.S. operations, which include pickup and delivery fleet. As per the company, its trucks will be equipped with the novel TRAILAR solar technology to help DHL cut down carbon dioxide (CO2) emissions by 1,000 kg per year for each vehicle. The technology is also […] Read more
NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future Updated On Fri, Feb 25th, 2022 by Saurenergy The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […] Read more
Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market Updated On Thu, Feb 24th, 2022 by Saurenergy Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […] Read more
Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
Qatar’s First Solar Plant to Use 800 MW of LONGi’s Bifacial Modules Updated On Wed, Feb 23rd, 2022 by Saurenergy Located to the west of Doha over an area of 10 km2, the Al-Kharsaa project is the first solar power plant in Qatar, with a total planned power generation capacity of 800MW. The project will be equipped with Chinese manufacturer LONGi’s Hi-MO 4 bifacial modules and a tracking system. The company claims that this will […] Read more
Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power Updated On Tue, Feb 22nd, 2022 by Saurenergy The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […] Read more
Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
