Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn Updated On Wed, Feb 5th, 2020 by Saurenergy Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […] Read more
US DOE Announces $297 Mn for Sustainable Transportation Research Updated On Tue, Feb 4th, 2020 by Saurenergy The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies. The investment, split up between three, separate funding […] Read more
Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20 Updated On Tue, Feb 4th, 2020 by Saurenergy Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […] Read more
Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain Updated On Tue, Feb 4th, 2020 by Saurenergy Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […] Read more
Toyota, Panasonic Form JV Specialising in Prismatic Batteries Updated On Mon, Feb 3rd, 2020 by Saurenergy Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […] Read more
Innogy Builds its 1st Battery Storage Facility in Ireland Updated On Mon, Feb 3rd, 2020 by Saurenergy innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […] Read more
Ørsted Planning to Become Carbon Neutral by 2025 Updated On Mon, Feb 3rd, 2020 by Saurenergy Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […] Read more
Tata Launches ‘I Have the Power’ Campaign to Create Green Awareness Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has launched a nation-wide campaign ‘I Have the Power’ to create awareness on the green choices it provides to today’s customers. India, as a growing and developing nation, faces an enormous challenge of growing fast and responsibly like other emerging economies. This issue of our time needs to be addressed since climate change […] Read more
SECI Extends EOI for Buying and Blending Conventional Power With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […] Read more
