Tata Group to Build Rs 13,000 Crore EV Battery Plant in Gujarat Updated On Sun, Jun 4th, 2023 by Saurenergy India’s industrial conglomerate Tata Group has signed an MoU with the state government of Gujarat to build a lithium-ion cell factory in the state. As per the terms of the agreement, the lithium-ion cell factory will come up with an investment of about Rs 13,000 crore ($1.6 billion) in Sanand. The deal was signed by […] Read more
Acen Set To Build Largest Battery Storage Project In Australia Updated On Wed, May 31st, 2023 by Saurenergy Acen, the Phillipines based renewable energy major that is part of the Ayala group, is set to make Australia’s largest storage battery project linked to a solar farm. The project, to come up in the New England region of New South Wales, has secured approvals to take its size to 1.4 GW (1,400MW) and 2.8 […] Read more
RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage Updated On Wed, May 31st, 2023 by Saurenergy London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by RPC from Greenfield having a total capacity of 83 MW. […] Read more
LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing Updated On Fri, May 26th, 2023 by Saurenergy Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […] Read more
Uber Green Set to Establish Presence In India Starting June 2023 Updated On Thu, May 25th, 2023 by Saurenergy Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
TagEnergy Energises 50 MW Battery Storage Facility For UK Updated On Fri, May 12th, 2023 by Saurenergy Global clean energy enterprise Tag Energy has announced that it has operationalised 49.5MW/99MWh standalone energy storage system near Luton, England. The funding has also come from Santander UK in the £30 million Chapel Farm development. The ESS is a joint venture between TagEnergy and Yorkshire-headquartered Harmony Energy. TagEnergy’s had acquired a 60% stake in the […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
Solis Launches New Advanced Power Hybrid Inverter ‘S6’ Updated On Thu, May 11th, 2023 by Saurenergy Chinese solar and energy storage solutions major Solis recently launched its latest advanced power hybrid inverter, ‘S6’. The company said that these inverters could work well with both lead acid batteries and lithium-ion batteries. Solis said that the S6 inverters allow automatic switching of UPS and up to 10 seconds of 200 percent surge of […] Read more