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Mercedes-Benz & Geely Holding JV to Develop Premium EVs

Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […]

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Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways

The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […]

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Werner Enterprises Announces First Electric-Powered Truck Pilot Program

Werner Enterprises has announced its first electric-powered truck pilot program. The 2019 Peterbilt 579 EV Class 8 electric truck will run for a year in Southern California. Werner Enterprises, a premier transportation and logistics provider, has announced its first electric-powered truck pilot program. The 2019 Peterbilt 579 EV Class 8 electric truck will run for […]

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BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables

BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […]

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Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms

Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]

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Duke Energy’s 200 MW Wind Project in Texas Begins Commercial Operation

Duke Energy Renewables’ 200 MW Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019 Duke Energy Renewables, a commercial business unit of Duke Energy has announced that its 200-megawatt (MW) Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019. It is the company’s […]

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Kyocera, 24M Develop Worlds 1st SemoiSolid Li-ion Storage System

Kyocera has launched its residential energy storage system, Enerezza, the world’s first system built using 24M’s SemiSolid electrode manufacturing process Kyocera Corporation and 24M have announced that Kyocera has formally launched its residential energy storage system, Enerezza, the world’s first system built using 24M’s novel SemiSolid electrode manufacturing process. In addition, Kyocera has extended its […]

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Siemens Gamesa Selected for Largest US Offshore Wind Project

Siemens Gamesa has been named as the preferred turbine supplier for the 2.64 GW Dominion Energy Virginia Offshore Wind project in the US. Siemens Gamesa Renewable Energy (SGRE) has been named as the preferred turbine supplier for the massive 2,640-MW Dominion Energy Virginia Offshore Wind project in the US. This is the largest offshore wind […]

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Suzlon Energy Defaults on Rs 7200 Cr Worth in Loans

Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs […]

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