Tata Motors Lucknow Plant to Meet 100% Energy Demand From RE by 2030 Updated On Thu, Mar 19th, 2020 by Saurenergy Tata Motors has announced that its Lucknow plant is on track to attaining 100 percent renewable energy sourcing for all its operations by 2030. Staying true to its core philosophy of adopting sustainable practices, Tata Motors has announced that its Lucknow plant has minimised the use of energy in its functions and processes with its […] Read more
Brookfield Renewable and TerraForm Power Enter Definitive Merger Agreement Updated On Wed, Mar 18th, 2020 by Saurenergy Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the […] Read more
Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban Updated On Tue, Mar 17th, 2020 by Saurenergy Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17) marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […] Read more
Pattern Energy and CPP Investments Complete Merger Transaction Updated On Tue, Mar 17th, 2020 by Saurenergy Pattern Energy Group and CPP Investments have announced the completion of the previously announced merger transaction Pattern Energy Group and Canada Pension Plan Investment Board (CPP Investments) have announced the completion of the previously announced merger transaction. Under the terms of the merger agreement, CPP Investments acquired all of the outstanding common shares of Pattern […] Read more
Allete Acquires 303 MW Wind Project From Apex Clean Energy Updated On Mon, Mar 16th, 2020 by Saurenergy Apex Clean Energy has announced the sale of the 303 MW Caddo wind project to Allete Clean Energy, which plans to sell power to three Fortune 500 customers. Apex Clean Energy has announced the sale of the 303 MW Caddo Wind project to Allete Clean Energy, a wholly-owned subsidiary of ALLETE. The purchase includes plans […] Read more
Total to Develop 25 MWh Battery Energy Storage Project in France Updated On Fri, Mar 13th, 2020 by Saurenergy Total has announced that it has launched a battery energy storage project with a storage capacity of 25 MWh, which will be the largest in France. Total has announced that it has launched a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25-megawatt hours (MWh) […] Read more
Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years Updated On Thu, Mar 12th, 2020 by Saurenergy Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
US Energy Storage Market Sets Power Capacity Record in Q4 2019 Updated On Wed, Mar 11th, 2020 by Saurenergy The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […] Read more