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
GE Finalises Supply Contract for Orsted’s 1.1 GW Ocean Wind Offshore Project Updated On Tue, Jan 19th, 2021 by Saurenergy GE Renewable Energy has finalised supply and service contracts with Ocean Wind, the 1.1 GW Ørsted Project off the coast of New Jersey. GE Renewable Energy has announced that it has finalised supply and service contracts with Ocean Wind, the Ørsted Project off the coast of southern New Jersey. Ocean Wind will feature GE’s Haliade-X […] Read more
Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report Updated On Tue, Jan 19th, 2021 by Saurenergy A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […] Read more
Oxford University Study Predicts 10% Renewable Share in Africa By 2030 Updated On Tue, Jan 19th, 2021 by Saurenergy Africa, which has for some time now carried the tag of ‘promising‘ for non hydro renewable energy, might yet be the continent with the lowest share of non hydro renewable energy by 2030. Even as some countries within the continent will break away from the rest to have a much more robust contribution from solar […] Read more
Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit Updated On Mon, Jan 18th, 2021 by Saurenergy West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […] Read more
California Extends & Expands Contract With Beam for Rapidly Deployed EV Charging Products Updated On Fri, Jan 15th, 2021 by Saurenergy Beam Global, a leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the State of California has extended Beam Global’s contract #1-18-61-16 to supply EV ARC™ systems to State of California Departments and other governmental entities, and expanded the contract to include government entities in other […] Read more
Ameren Missouri Acquires 300 MW Wind Project in Northwest Missouri Updated On Fri, Jan 15th, 2021 by Saurenergy Today, Ameren Missouri, a subsidiary of Ameren Corporation, closed on the acquisition of the company’s second wind energy center, a 300-megawatt (MW) project located in northwest Missouri. Clean, renewable energy from the facility is already reaching customers, even as construction continues on some of the project turbines. Approximately 100 MW are now in-service, with an […] Read more
Pepsico Sets new Goal to cut Carbon Emissions by More Than 40% by 2030 Updated On Fri, Jan 15th, 2021 by Saurenergy Pepsico has set an ambitious new goal to cut carbon emissions by more than 40% by 2030 – more than doubling its previous climate objective. Climate action can’t wait. Today we’re more than doubling our climate goal and pledging net-zero emissions by 2040, ten years ahead of the Paris Agreement target. Learn more here: https://t.co/JDxtyOzVFn #ClimateAmbition […] Read more
