Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid Updated On Sat, Dec 7th, 2019 by Saurenergy Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […] Read more
GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
Hyundai Begins Feasibility Study for Fuel Cell EVs in India Updated On Thu, Dec 5th, 2019 by Saurenergy Hyundai India has initiated a feasibility study to bring in fuel cell EVs in the country. Hyundai Motor India has announced that the firm has initiated a feasibility study to bring in fuel cell electric vehicles (EVs) in the country. “Progress for humanity with zero-emission mobility is our responsibility and vision to make a long […] Read more
US Storage Industry to Build on Strong Third Quarter: Report Updated On Thu, Dec 5th, 2019 by Saurenergy The US energy storage sector had its strongest third quarter on record and a new analysis by WoodMac predicts a 12x growth in MW-terms between now and 2024. The United States energy storage sector had its strongest third quarter on record this year, deploying 100.7 megawatts (MW) and 264.6 megawatt-hours (MWh) of storage, and a […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Is Corporate India Ready for Renewable Power Consumption? Updated On Thu, Dec 5th, 2019 by Saurenergy A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […] Read more
Punjab to Collaborate With WEF on Electric Mobility Updated On Thu, Dec 5th, 2019 by Saurenergy The State Government of Punjab has partnered with WEF to design a public-private pilot project on shared, clean and electric mobility. To combat the growing problem of environmental pollution, the Punjab government has partnered with the World Economic Forum (WEF) to design a public-private pilot project on shared, clean and electric mobility. The state, which is also […] Read more
India’s Installed Wind Capacity Crosses 37 GW, Tamil Nadu Well Ahead of Rest Updated On Wed, Dec 4th, 2019 by Saurenergy India’s installed wind energy capacity has surpassed the 37 GW mark, Union Power Minister RK Singh has informed. India’s installed wind energy capacity has surpassed the 31 GW mark with nearly 37090 MW of capacity installed in the country as of October 31, 2019. The information was provided by RK Singh, Union Minister of State […] Read more
