Onward Energy to Create 4 Gigawatt US Power Platform Updated On Wed, Jan 13th, 2021 by Saurenergy U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […] Read more
The Case For Battery Storage- A UK View Updated On Wed, Jan 13th, 2021 by Saurenergy A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […] Read more
BYD Wins the Largest Pure-Electric Bus Order outside of China Updated On Tue, Jan 12th, 2021 by Saurenergy Electronics, automobiles, new energy, and rail transit hi-tech company, BYD has announced that it has won cumulative orders to supply 1,002-unit pure-electric buses (E-buses) to the capital of Colombia, Bogotá. This is the largest order for pure-electric buses outside of China the firm has received to date, which sets a new record in sales volume […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
Javadekar: India the Only Country Keeping Commitments on Climate Change Updated On Mon, Jan 11th, 2021 by Saurenergy Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change, despite accounting for only six to seven percent of total carbon emissions in the world. Speaking at a […] Read more
Emergence of Asia-Pacific Renewable Energy Sector Updated On Mon, Jan 11th, 2021 by Saurenergy By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production. Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […] Read more
EVBox Touches the Milestone of 200K Installed Charging Ports Worldwide Updated On Fri, Jan 8th, 2021 by Saurenergy EV charging solutions provider, EVBox has recently reached the milestone of 200,000 EV installed charging ports worldwide. The company celebrated its 10th anniversary in 2020, and now claims to have a presence across 0 countries, with 5,000 DC fast chargers among the 200,000 it has installed globally. The new milestone comes soon after the company […] Read more
Tata Power Takes Over Operations of WESCO & SOUTHCO in Odisha Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power has taken over the management and operations of WESCO and SOUTHCO upon completion of the sale process. Tata Power has announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of the sale process. Now, WESCO and SOUTHCO will operate under the company name as TP Western […] Read more
South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more