ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more
Ideanomics Acquires Wireless Charging Provider WAVE, Signs a Definitive Agreement Updated On Thu, Jan 7th, 2021 by Saurenergy New York based Ideanomics has announced the 100 percent acquisition of private wireless charger provider for heavy-duty electric vehicles (EVs), Wireless Advanced Vehicle Electrification (WAVE), Inc. The acquisition has been done by considering cash and stock, and the material terms which are disclosed in the Company’s related 8-K filing. While Roth Capital Partners acted as […] Read more
FlexGen and CATL to Deliver 220 MWh Energy Storage in Texas Updated On Wed, Jan 6th, 2021 by Saurenergy FlexGen has teamed with CATL to install two 110 MWh stand-alone battery storage projects in Texas’ Hill Country. FlexGen, a leading energy storage technology solutions and services provider, has announced it has teamed with CATL, a global leader in the development and manufacturing of lithium-ion batteries for new energy vehicles and energy storage systems (ESS), to install […] Read more
Hero Future Energies Appoints Srivatsan Iyer as Global CEO Updated On Wed, Jan 6th, 2021 by Saurenergy Hero Future Energies, the renewable arm of Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Hero Future Energies (HFE), the renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Srivatsan will be taking over from industry veteran Sunil […] Read more
Logistics Startup City Link Launches Electric Cargo Vehicles in Bangalore Updated On Tue, Jan 5th, 2021 by Saurenergy City Link has received the delivery of the first set of Electric Cargo Vehicles from Mahindra & Mahindra in Bangalore Bangalore-based intra-city Logistics startup – City Link Portal has received the delivery of the first set of Electric Cargo Vehicles (EV) from Mahindra & Mahindra. Being the first company in Bangalore to receive the ‘Mahindra […] Read more
Pattern Energy Closes Financing & Begins Work on 1050 MW Wind Portfolio Updated On Tue, Jan 5th, 2021 by Saurenergy Pattern Energy has completed financing and started the full construction process of its 1050 MW Western Spirit Wind projects in New Mexico Pattern Energy Group has announced that it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than […] Read more
Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more
“Technology is the Catalyst for our Future Growth and Carbon Neutrality” Updated On Tue, Jan 5th, 2021 by Saurenergy By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […] Read more