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
Amazon Announces 3 new RE Projects Worth 329 MW in USA and Spain Updated On Tue, Dec 3rd, 2019 by Saurenergy Amazon has announced three new renewable energy projects in the USA and Spain that support it’s commitment to the Climate Pledge Amazon has announced three new renewable energy projects in the USA and Spain that support it’s commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 percent renewable energy […] Read more
€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
Cabinet Gives its Approval for Renewable Pact Signed With Guinea Updated On Thu, Nov 7th, 2019 by Saurenergy The Union Cabinet has given its approval to a pact signed between India and Guinea in the field of renewable energy. The Union Cabinet on November 6, 2019, gave ex-post facto approval to a pact signed between India and Guinea in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has given approval for the MoU (memorandum of […] Read more
Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
India Planning to Build a Chain of Renewable Projects Along Pakistan Border Updated On Wed, Oct 23rd, 2019 by Saurenergy India is planning to build a string of renewable energy projects on its potent desert land adjacent to the Pakistan border, according to MNRE officials India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said, as the central government continues on its ambitious programme to reduce the country’s […] Read more
As Thousands in California Suffer ‘Planned’ Outages, the Case for Solar Storage Presents Itself Updated On Fri, Oct 11th, 2019 by Saurenergy Pacific Gas and Electric (PG&E), the largest utility responsible for providing power to California, started cutting off power to thousands of residents on Wednesday. This was done to prevent the eruption of wildfires like last year. Many residents find that their solar installations are of no help due to one reason. Pacific Gas and Electric, […] Read more
Mitsubishi Electric Mulls for Solar-Powered New Plant in Gujarat Updated On Mon, Oct 7th, 2019 by Saurenergy The move came as it will help the company in supporting the expansion of environmentally friendly products in the Indian automotive market. Japanese electrical and electronic equipment maker Mitsubishi Electric Corporation is planning to set up a new plant in Gujarat, India. This new plant will be constructed on the premises of the multinational company’s subsidiary […] Read more
