Deliveries Start For the Ace EV, As Tata Motors Hopes To Repeat The Magic Again Updated On Tue, Jan 10th, 2023 by Saurenergy Tata Motors, India’s largest commercial vehicle manufacturer, has started deliveries of the all-new Ace EV, which made such a huge impact with its ICE variant earlier. The first fleet of the Ace EV was delivered to leading e-commerce, FMCG and courier companies, and their logistics service providers: Amazon, Delhivery, DHL (Express & Supply Chain), FedEx, […] Read more
German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
Sony Honda Mobility Unveils ‘Afeela’- Its Maiden EV Updated On Mon, Jan 9th, 2023 by Saurenergy Japanese conglomerates Sony and Honda have unveiled the prototype and the name of their first electric vehicle produced in partnership at the Consumer Electronics Show (CES) in Las Vegas, USA. In May last year, Sony and Honda forged a joint venture – Sony Honda Mobility. The new electric vehicle is named ‘Afeela.’ Yasuhide Mizuno, CEO, […] Read more
Can Giant Floating Solar On Oceans Work? Updated On Fri, Jan 6th, 2023 by Saurenergy A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […] Read more
Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA Updated On Thu, Jan 5th, 2023 by Saurenergy Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […] Read more
Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules Updated On Wed, Jan 4th, 2023 by Saurenergy Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […] Read more
Canada’s Boralex Acquires 50% Stake in Five Wind Farms of 894 MW in US Updated On Tue, Jan 3rd, 2023 by Saurenergy In a major development, EDF Renewables North America has announced that the company has completed the transaction with Boralex Inc. by which Boralex has acquired EDF Renewables’ 50-percent ownership interests in five wind power projects totaling 447 MW in Texas and New Mexico. This has taken the renewable energy portfolio of the purchaser to further […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
