Hero Electric, M&M Partner for EV Production, Platform Development Updated On Wed, Jan 19th, 2022 by Saurenergy Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […] Read more
Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022 Updated On Tue, Jan 18th, 2022 by Saurenergy A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […] Read more
Hero Electric to Offer New Loan Schemes to e-2w Buyers Updated On Fri, Jan 14th, 2022 by Saurenergy Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […] Read more
GE Renewable Energy to Install Turbines at 100MW Wind Farm in Gujarat Updated On Fri, Jan 14th, 2022 by Saurenergy Paris-based GE Renewable Energy on Thursday said that it will supply, install, and commission 37 wind turbines to a 99.90-megawatt (MW) wind power project in Gujarat, managed by Indian renewable energy group Continuum Green Energy. According to the official press release, the wind farm project will provide local businesses and consumers with clean energy. “We look […] Read more
Israel’s Econergy to Build 800MW Storage, 900MW Solar Capacity in UK Updated On Fri, Jan 14th, 2022 by Saurenergy Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, 300 […] Read more
France’s Lhyfe to Produce Green H2 from Solar Energy in Germany Updated On Fri, Jan 14th, 2022 by Saurenergy French green hydrogen producer Lhyfe has signed its first project powered by solar photovoltaics in Germany, which is intended to serve local industries, transport companies, filling stations and municipalities. The 5 MW plant, which will be wholly owned by Lhyfe, is expected to up to 1200 kg of green hydrogen a day. Construction of the site […] Read more
EDF Renewables-DP Energy JV to Build 1 GW Floating Wind Project in UK Updated On Thu, Jan 13th, 2022 by Saurenergy EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have identified […] Read more
PGCIL Inks Pact with Africa50 for Kenya Transmission Project Updated On Thu, Jan 13th, 2022 by Saurenergy State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis. According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV […] Read more
Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany Updated On Wed, Jan 12th, 2022 by Saurenergy Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […] Read more
