EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round Updated On Thu, Sep 30th, 2021 by Saurenergy BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […] Read more
Sembcorp Raises S$675 M Sustainability-linked Bond, IFC Gives S$150 M Updated On Thu, Sep 30th, 2021 by Saurenergy Sustainable solutions provider Sembcorp Industries has launched a sustainability-linked bond (SLB) in Singapore, raising S$675 million for Pan-Asian energy, marking its latest phase in the transition to a net-zero future. Sembcorp received an investment of S$150 million from IFC, a member of the World Bank Group that is the largest global development institution focused on the […] Read more
McDermott Joins AquaVentus Consortium for Green H2 Production Updated On Thu, Sep 30th, 2021 by Saurenergy Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […] Read more
Energize Ventures Raises $330 M to Advance Sustainable Tech Updated On Thu, Sep 30th, 2021 by Saurenergy Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […] Read more
63% of Planned Battery Storage in US to Be Co-Located With Solar Updated On Thu, Sep 30th, 2021 by Saurenergy Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in the Annual Electric Generator Report. Another 1.3 GW of battery storage […] Read more
Entry Level Technical Illustrator Updated On Wed, Sep 29th, 2021 by Saurenergy Boeing Technical Publication team is currently looking for Technical Illustrators to join their team in Chennai, India. These positions will focus on supporting the Boeing Commercial Airplanes (BCA) business organization. A successful candidate will understand the importance of collaboration as these positions will focus on prepare and draw illustrations for reproduction from complicated source data. Work with the […] Read more
RES Sells Large 245MWdc Australian Solar Farm to Iberdrola Updated On Wed, Sep 29th, 2021 by Saurenergy UK renewable company RES has sold its Avonlie solar development project to Spanish electric utility Iberdrola. The project is located in New South Wales, Australia, and is RES’ largest ever solar development with generating capacity standing at 245 MW dc / 190 MW ac. When operational, 450,000 solar panels, mounted on single axis tracking system, are expected […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
NHPC Board Approves Setting up Subsidiary for RE Business Updated On Tue, Sep 28th, 2021 by Saurenergy State-owned hydro power giant NHPC on Friday said its board has approved the proposal to form a subsidiary for the development of renewable energy, small hydro and green hydrogen projects. “Board of Directors of Company in its meeting held today i.e. Friday, September 24, 2021 inter-alia has considered and approved the proposal regarding the formation […] Read more
