Siemens invests in WiTricity to advance wireless EV charging Updated On Fri, Jun 10th, 2022 by Saurenergy US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […] Read more
The Top 5: Cryptocurrencies Seeking A Greenwash Updated On Fri, Jun 10th, 2022 by Saurenergy Bitcoin’s environmental impact has been a talking point for a while now. From being compared to the energy consumption of whole countries to the impact of such consumption to climate change, the high energy use has been the biggest, and easiest stick to beat it up with. Similarly, the carbon footprint of the many other […] Read more
Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform Updated On Fri, Jun 10th, 2022 by Saurenergy Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […] Read more
Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz Updated On Fri, Jun 10th, 2022 by Saurenergy Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […] Read more
The Wind Picks Up For Offshore Energy In India, R.K Singh Leads Key Decisions On Tendering, Transmission Updated On Fri, Jun 10th, 2022 by Saurenergy In one of the most decisive steps for India’s offshore wind energy ambitions, R.K Singh, Union Minister for Power and New & Renewable Energy held a meeting yesterday on transmission planning for offshore wind energy projects in India. Alok Kumar, Secretary, Power and Indu Shekhar Chaturvedi, Secretary, Ministry of New & Renewable Energy were also […] Read more
VPPAs Could Help Meet A Quarter Of India’s 2030 Target of Renewable Energy Updated On Thu, Jun 9th, 2022 by Saurenergy The recently released WWF-India’s report “Virtual Power Purchase Agreement (VPPA) for C&I consumers in India” highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of India’s 500 GW target by 2030. The VPPAs offer many strategic […] Read more
Capgemini Achieves Sustainability Milestone with 100% Renewable Energy Updated On Thu, Jun 9th, 2022 by Saurenergy Capgemini announced that it has achieved a sustainability milestone, with its offices and Data Center operations in Maharashtra now functioning on 100% renewable energy. Presently, the Airoli campus in Mumbai operates on 40% renewable energy from one of its biggest onsite solar plant, and the other 60% through the “Green Power” utility program. The Pune […] Read more
BYD To Start Supply of Batteries to Tesla Soon Updated On Thu, Jun 9th, 2022 by Saurenergy In what could be a key moment in the global electric vehicle industry, BYD will be supplying its batteries to the leading electric vehicle seller in the world – Tesla. The China-based company’s senior executive Lian Yubo said during an interview with the state controlled media house that BYD will sell its batteries ‘very soon’ […] Read more
SJVN to collaborate with Assam Govt for renewable energy projects Updated On Thu, Jun 9th, 2022 by Saurenergy The Assamese government looks bullish on renewable energy as the state and the entire North East region, always blessed with high potential, finally act on it. In the latest development, Director Finance of Shimla based state owned Satluj Jal Vidyut Nigam (SJVN), Akhileshwar Singh met with the Assam Chief Minister Himanta Biswa Sarma in Guwahati […] Read more
