GE Bagged 1215 MW in Onshore Wind Orders in China in 2019 Updated On Mon, Dec 30th, 2019 by Saurenergy As the year draws to a close, GE Renewable Energy has announced that it has secured 1215 MW in orders or commitments in the onshore wind sector in China for 2019. GE Renewable Energy has announced that it has secured 1215 MW in orders or commitments in the onshore wind sector in China for 2019. […] Read more
Discoms Faced Losses Worth Rs 27k Crore in FY19: RK Singh Updated On Mon, Dec 30th, 2019 by Saurenergy Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, RK Singh has said. Power Distribution Companies (Discoms) in India suffered losses amounting to Rs 27,000 crore in the 2018-19 financial year, Union Minister of Power and New and Renewable Energy RK Singh has said. The government […] Read more
Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report Updated On Fri, Dec 27th, 2019 by Saurenergy The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […] Read more
Alternet Systems $100 mn E-Mobility Investment Campaign Gains Momentum Updated On Thu, Dec 26th, 2019 by Saurenergy Alternet Systems has a new interest in its USD 100 million investment campaign to fund regionally specific electric mobility technology R&D and production Alternet Systems, Inc. (ALYI) has announced a new interest in the company’s recently announced USD 100 million investment campaign to fund regionally specific electric mobility technology research and development and production. The […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
Cabinet Approves MoU With Saudi Arabia for Cooperation in Renewables Updated On Thu, Dec 26th, 2019 by Saurenergy The Union Cabinet has approved the MoU signed between MNRE and Ministry of Energy of the Kingdom of Saudi Arabia for cooperation in the field of Renewables The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) signed between the Ministry of New and Renewable Energy (MNRE) of the […] Read more
Delhi Cabinet Clears EV Policy, Targets 5 Lakh Vehicles by 2024 Updated On Tue, Dec 24th, 2019 by Saurenergy In an attempt to help curb the capital’s pollution levels, the Kejriwal Government has cleared the EV Policy for Delhi In an attempt to help curb the capital’s pollution levels, the Kejriwal Government has cleared the Electric Vehicle (EV) Policy for Delhi. Under he policy, the government aims to register at least 5 lakh EVs […] Read more
Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm Updated On Tue, Dec 24th, 2019 by Saurenergy Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […] Read more
