GM Begins Hiring for its ‘Ultium Cells’ EV Battery Manufacturing Facility Updated On Tue, Nov 10th, 2020 by Saurenergy Ultium Cells LLC, a JV of GM and LG Chem that will mass-produce Ultium battery cells for electric vehicles (EV) is looking to hire 1,100 employees. General Motors (GM) has continued its march towards an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium Cells battery cell manufacturing facility in Lordstown, Ohio. […] Read more
Storage Emerging As Issue For Europe’s RE Growth Updated On Mon, Nov 9th, 2020 by Saurenergy Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […] Read more
Fortum Partners up to Boost EV Charging Infrastructure Growth in India Updated On Mon, Nov 9th, 2020 by Saurenergy To bolster EV charging infrastructure in India, Fortum signed an agreement whereby Finnfund will invest in a minority share of Fortum Charge and Drive India To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority […] Read more
EV Startup Ather Energy Raises $35 Mn in Latest Funding Round Updated On Mon, Nov 9th, 2020 by Saurenergy Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […] Read more
Interest to Invest in the Indian Renewable Energy Sector Remains Strong: CEEW-CEF and IEA Updated On Mon, Nov 9th, 2020 by Saurenergy Interest to invest in the Indian renewable energy sector remains strong, according to a new report by CEEW-CEF and IEA Interest to invest in the Indian renewable energy sector remains strong, according to a new report on India’s Clean Energy Investment Trends by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy Agency […] Read more
NTPC Plans to Have a 1/4th Renewable Portfolio by the Next Decade Updated On Mon, Nov 9th, 2020 by Saurenergy NTPC plans to achieve 32,000 MW of capacity through renewable energy or 25 percent of its overall power portfolio at the beginning of the next decade. NTPC Ltd, the PSU under the Ministry of Power, recently celebrated its 46th Raising Day completing 45 years of operation and commitment to serve as India’s largest power producer. […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Powering Solar to 2025 and beyond Updated On Fri, Nov 6th, 2020 by Saurenergy The Technologies and Interventions That Will Drive Solar For the global solar sector, the pandemic hit home much earlier than it did for many other sectors. For even before global lockdowns became the norm, China’s early lockdown in late January, followed by other cities subsequently, was sufficiently disruptive for global shipments of solar equipment, of […] Read more
