Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio Updated On Wed, Aug 3rd, 2022 by Saurenergy Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […] Read more
India’s Energy Consumption In July 2022 Rises By 3.8% Updated On Wed, Aug 3rd, 2022 by Saurenergy In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
Iberdrola and bp To Partner For EV Charging Infra, Green Hydrogen In Europe Updated On Tue, Aug 2nd, 2022 by Saurenergy In a major announcement, global energy players – Iberdrola and bp – have revealed that they will form a strategic collaboration to help accelerate the energy transition. Together, the companies intend to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles. The two will also develop large scale green hydrogen […] Read more
ReNew Power Will Invest $8 Billion In Green Hydrogen in Egypt Updated On Tue, Aug 2nd, 2022 by Saurenergy Gurugram based ReNew Power has signed a Memorandum of Understanding (MoU) with the Egyptian government for the development of projects in Egypt for the production of green fuels. The General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy […] Read more
Jiangxi Jinko Announces Proposed Issuance Of Convertible Bonds Updated On Mon, Aug 1st, 2022 by Saurenergy Jinko Solar Holding Co. Ltd., among the largest solar module manufacturers globally, has revealed that Jinko Solar Co., Ltd., its principal operating subsidiary, is looking to issue convertible bonds in the principal amount of up to RMB10 billion. To be listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, the Convertible Bonds will have a term […] Read more
First Offshore Wind Farm Order In Japan Goes To Siemens Gamesa Updated On Mon, Aug 1st, 2022 by Saurenergy Global RE conglomerate, Siemens Gamesa Renewable Energy has announced that it has received an order for the 112 MW Ishikari offshore wind power project from Green Power Investment. This project is the first firm offshore order in Japan for offshore wind turbines maker. The official statement of Siemens Gamesa said that the order includes 14 […] Read more
Clean Power Quarterly Market Report -2022 By American Clean Power Updated On Sun, Jul 31st, 2022 by Saurenergy According to the recently published Clean Power Quarterly Market Report Q1 2022 by the American Clean Power Association (ACP) on clean power industry began 2022 with a robust first quarter despite impending obstacles and uncertain policy landscapes. More than 6.6 GW of new capacity for clean power was installed in the United States during the […] Read more
Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru Updated On Fri, Jul 29th, 2022 by Saurenergy Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […] Read more