Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
Expect Govt to Float Tender for 3500 Electric Powertrain Vehicles Soon Updated On Mon, Oct 3rd, 2022 by Saurenergy The Centre is considering replacing the federal government’s fleet of gasoline and diesel vehicles with electric powertrain vehicles, and the process will soon begin with the challenge of placing an order for 3500 electric powertrain vehicles. Convergence Energy Services Ltd. (CESL), a state-controlled company, has announced that if more manufacturers introduce electric vehicles at lower […] Read more
Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
Spain’s Enfinity Global to Acquire 400 MW Solar Projects in USA Updated On Tue, Sep 27th, 2022 by Saurenergy Leading renewable energy player in Spain, Enfinity Global has announced that it has entered into a definitive agreement with Switzerland’s independent global asset management firm Capital Dynamics (advised by Barclays) to acquire a 400 MW utility-scale solar power portfolio in the United States. Enfinity Global said that the solar power portfolio consists of 28 operational […] Read more
Serbia’s Elevenes Unveils Prototype of Largest LFP Battery Cell in Europe Updated On Tue, Sep 27th, 2022 by Saurenergy Serbia-based battery maker, ElevenEs, which has developed the first and largest full-size LFP (Lithium Iron Phosphate) battery cell in Europe, has announced that its first batches will be shipped for customer testing in the first quarter of 2023. ElevenEs said that its EDGE battery cell (sustainable, cobalt and nickel-free battery) would be displayed at The […] Read more
Ballard To Power 7 Hydrogen-Run Trains Of Siemens Mobility Updated On Fri, Sep 23rd, 2022 by Saurenergy Canada based Ballard Power Systems has said that it has received an order for 14 X 200 kW fuel cell modules from Siemens Mobility GmbH to power a fleet of seven Mireo Plus H passenger trains. Delivery of the 14 fuel cell modules is expected to start in 2023 with the fleet planned to be […] Read more
Sterling And Wilson Renewable In MoU For 961MWp Solar Plants In Nigeria Updated On Fri, Sep 23rd, 2022 by Saurenergy Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary of Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has signed a Memorandum of Understanding (MOU) with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa. The MOU is for the development, design, construction, and […] Read more
REC Limited Faces Higher Expectations With Maharatna Status Updated On Thu, Sep 22nd, 2022 by Saurenergy REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect was issued today by the Department of Public Enterprises, under […] Read more
