EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
US to Deploy 50 Million EVs by 2030, Accelerating EV Adoption Updated On Wed, Jan 20th, 2021 by Saurenergy The Rocky Mountain Institute (RMI) has released a report, ‘Racing to Accelerate Electric Vehicle Adoption: Decarbonizing Transportation with Ridehailing’. The Report gives insights into the Decarbonization goals of the US. As the race is on to deploy over 50 million electric vehicles (EVs) in the United States in the coming ten years. That will put […] Read more
Total Expands Sustainable Energy Alliance With Adani, Takes 20% Stake in AGEL Updated On Mon, Jan 18th, 2021 by Saurenergy Total has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. French multinational energy company Total has announced that it has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. The French giant […] Read more
Naturgy Acquires Hamel Renewables in US with 12.6 GW Solar Plus Storage Portfolio Updated On Sat, Jan 16th, 2021 by Saurenergy Naturgy has acquired 100% percent of the economic interests in Hamel Renewables, a solar and energy storage development platform in the United States. The transaction represents Naturgy’s first investment in the US renewable energy market and demonstrates the company’s firm commitment to developing its renewables portfolio internationally, focusing on stable geographies and early stage of […] Read more
EESL Tenders for Off-Grid Solar Pumps Under Component B of KUSUM Scheme Updated On Fri, Jan 15th, 2021 by Saurenergy EESL has issued a tender for the installation off-grid solar water pumps in selected states of India under component B of the PM KUSUM scheme. Energy Efficiency Services Limited (EESL), a JV of PSUs of the Ministry of Power, has issued a tender for the supply and commissioning of off-grid solar PV water pumping systems […] Read more
Total and 174 Power to Develop 1.6 GW Solar & Storage Projects in US Updated On Fri, Jan 15th, 2021 by Saurenergy Total and 174 Power Global will co-develop 12 utility-scale solar and energy storage projects of 1.6 GW cumulative capacity in the US Total and 174 Power Global, a wholly-owned Hanwha Group affiliate, have signed an agreement to form a 50/50 joint venture (JV) to develop 12 utility-scale solar and energy storage projects of 1.6 gigawatts […] Read more
Canadian Solar Breaks Ground on 300 MW Solar Plus 561 MWh Storage Project in California Updated On Fri, Jan 15th, 2021 by Saurenergy Canadian Solar has announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power (GSRP). The project is a 300 MWac solar plus 140.25 MW / 561 MWh storage project located in Kings County, California, and has commenced construction. Canadian Solar’s majority-owned energy storage subsidiary, System Solutions and […] Read more
ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020 Updated On Thu, Jan 14th, 2021 by Saurenergy ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […] Read more
Amplus Launches ‘The MILES Challenge’ for Clean Energy Startups in India Updated On Thu, Jan 14th, 2021 by Saurenergy Amplus Solar has launched The MILES Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Amplus Solar, a leading distributed energy company headquartered in Gurugram, has announced the launch of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the […] Read more