GM And LG Joint Venture To Get $2.5 Billion Federal Loan For US Battery Plant Updated On Wed, Jul 27th, 2022 by Saurenergy Ultium Cells – the new joint venture by General Motors and LG Energy Solutions is expected to give a fillip to lithium ion battery cell production in America after the US Department Of Energy (DOE) has announced granting it a loan of $2.5 billion. The DOE has said that is in the process of reviving […] Read more
Unigel Builds First Industrial-Scale Green Hydrogen Plant in Brazil Updated On Wed, Jul 27th, 2022 by Saurenergy Chemical conglomerate and multinational Unigel has announced that it has installed the first industrial scale green hydrogen plant in Brazil. Unigel has invested a total of $120 million in the development of the production site for green hydrogen that relies on the Thyssenkrupp Nucera technology which it calls to be world-leading. Unigel will start production […] Read more
Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
Moto Business Service Forays Into EV With FullFily Updated On Wed, Jul 27th, 2022 by Saurenergy Moto Business Service India (MBSI), a leasing firm of Yamaha Motors, has announced its decision to enter into a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services. The terms and conditions of the proposed partnership devolves upon Moto Business Service India (MBSI) the responsibility to manage electric two […] Read more
Product Line Manager – Industrial Steam Turbine (Standardized Product Lines) Updated On Tue, Jul 26th, 2022 by Saurenergy Technical Responsible for defined Product Lines. Responsible to develop product roadmap for future considering all internal and external drivers aligned with Global team & Stakeholders. Define & manage the development content of the Product Line(s) to ensure the fulfilment of the customer needs & business internal needs considering all boundaries. Identify and implement improvement potentials […] Read more
Volkswagen Creates Charging Station Made with Used EV Batteries Updated On Mon, Jul 25th, 2022 by Saurenergy Volkswagen has said that it has commissioned its first battery energy storage facility in Germany with reused modules from the pre-production of the Volkswagen ID.3 and ID.4. This has come at a time when the electric vehicle charging infrastructure has become central to the growth of the EV sector across the globe and countries, including […] Read more
MSEDCL Gets Approval For 14 MW of Solar Projects Under PM-KUSUM Updated On Mon, Jul 25th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has received permission from the MERC for the adoption of tariff for long-term power procurement from 14 MW solar projects selected through a competitive bidding process that was launched for 500 MW of solar projects in the state. These solar projects will be installed under Section 63 of […] Read more
TVS Motor Lines Up Fresh Investments Of Rs 1,000 Crore In EV Push Updated On Fri, Jul 22nd, 2022 by Saurenergy India took one step closer to green energy transition with TVS Motor committing Rs 1,000 crore to electric vehicles, a sizeable part of which will go into capacity expansion and building the EV product portfolio. The automobile major has decided to invest Rs 1,000 crore investment for the second consecutive year, gearing up to double […] Read more
HPX Crosses 100 MUs Of Traded Power In Month 1 Updated On Thu, Jul 21st, 2022 by Saurenergy The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […] Read more
