€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily” Updated On Tue, May 11th, 2021 by Saurenergy German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […] Read more
Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt Updated On Tue, May 11th, 2021 by Saurenergy Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […] Read more
Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
Ruchira Green to Setup Rs 200 Cr Li-Ion Battery Plant Updated On Fri, May 7th, 2021 by Saurenergy A leading manufacturer of lithium batteries and allied products, Ruchira Green Earth has announced that it is looking to double its manufacturing capacity of Lithium-ion batteries by setting up a Li-ion batteries plant worth Rs 200 Crores. This will support the Aatmanirbhar Bharat Abhiyan and increase the domestic EV manufacturing opportunities in the country. As […] Read more
LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW Updated On Fri, May 7th, 2021 by Saurenergy A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity. The solar facilities are being acquired by LS Power affiliate, Quattro […] Read more
Sunrun Records Total Revenue of $334.8 Million in Q1 FY21 Updated On Thu, May 6th, 2021 by Saurenergy An American provider of residential solar panels and storage energy services, Sunrun Inc. has rolled out its financial results for the first quarter of the fiscal year ended March 31, 2021 (Q1 FY21). Sunrun announced that it has welcomed around 23,556 new customers in FY21 with a total revenue was USD 334.8 million in Q1 […] Read more
StoreDot Joins Pioneering Research Mission on ISS to Test Extreme Fast Charging in Space Updated On Thu, May 6th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces that together with the Israeli Electric Company (IEC) it has been approved by NASA to conduct the first space-based research and development program into new battery materials. As part of the Israel Space Agency and The Ramon Foundation’s pioneering […] Read more
V2G EV Battery Swapping Station: Boosters for Distribution System Reliability Updated On Thu, May 6th, 2021 by Saurenergy This is the era of socio-economic growth. To drive this growth, we need environmental sustainability to go hand-in-hand with the rising energy needs. Since EVs are a cleaner and safer alternative to conventional vehicles, they will have to be adopted on a mass level to meet the future mobility requirements. This is the vision enshrined […] Read more
