LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
India to be Electricity-Based Economy Eventually: RK Singh Updated On Tue, Feb 25th, 2020 by Saurenergy Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […] Read more
Northland Power Expands Offshore Wind Pipeline in Asia Updated On Tue, Feb 25th, 2020 by Saurenergy Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea. Canadian firm Northland Power has announced the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites near Chodo Island, off the south coast […] Read more
EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti Updated On Mon, Feb 24th, 2020 by Saurenergy Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […] Read more
EV Motors India and BYPL to set up EV Charging Stations in Delhi Updated On Mon, Feb 24th, 2020 by Saurenergy EV Motors India has signed an agreement with BYPL to set up and operate EV charging stations at select locations under the jurisdiction of BYPL in Delhi Electric vehicle startup EV Motors India (EVM) has announced that it has signed an agreement with BSES Yamuna Power Ltd (BYPL) to set up and operate charging stations for electric vehicles […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
