US Developer Longroad in $500 Million Equity Deal With MEAG Updated On Tue, Aug 2nd, 2022 by Saurenergy US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co. The investment will support Longroad’s strategic shift from […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
Iberdrola and bp To Partner For EV Charging Infra, Green Hydrogen In Europe Updated On Tue, Aug 2nd, 2022 by Saurenergy In a major announcement, global energy players – Iberdrola and bp – have revealed that they will form a strategic collaboration to help accelerate the energy transition. Together, the companies intend to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles. The two will also develop large scale green hydrogen […] Read more
ReNew Power Will Invest $8 Billion In Green Hydrogen in Egypt Updated On Tue, Aug 2nd, 2022 by Saurenergy Gurugram based ReNew Power has signed a Memorandum of Understanding (MoU) with the Egyptian government for the development of projects in Egypt for the production of green fuels. The General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy […] Read more
Govt & Firms Join Hands For 50 GWh Capacity Battery Storage Under PLI Scheme Updated On Mon, Aug 1st, 2022 by Saurenergy Reliance New Energy Limited, Ola Electric Mobility Private Limited and Rajesh Exports Limited have signed the Programme Agreement under the PLI scheme (Production Linked Incentive) for Advanced Chemistry Cell (ACC) battery storage, the Ministry of Heavy Industries has announced. Earlier in the year, Reliance New Energy Solar, Hyundai Global Motors, Ola Electric Mobility, Rajesh Exports […] Read more
Jiangxi Jinko Announces Proposed Issuance Of Convertible Bonds Updated On Mon, Aug 1st, 2022 by Saurenergy Jinko Solar Holding Co. Ltd., among the largest solar module manufacturers globally, has revealed that Jinko Solar Co., Ltd., its principal operating subsidiary, is looking to issue convertible bonds in the principal amount of up to RMB10 billion. To be listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, the Convertible Bonds will have a term […] Read more
First Offshore Wind Farm Order In Japan Goes To Siemens Gamesa Updated On Mon, Aug 1st, 2022 by Saurenergy Global RE conglomerate, Siemens Gamesa Renewable Energy has announced that it has received an order for the 112 MW Ishikari offshore wind power project from Green Power Investment. This project is the first firm offshore order in Japan for offshore wind turbines maker. The official statement of Siemens Gamesa said that the order includes 14 […] Read more
PM Launches Various Projects And Schemes In Renewable Sector Updated On Mon, Aug 1st, 2022 by Saurenergy Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […] Read more
NTPC Q1 Results, Revenues up 43% YoY, Profits up 15% Updated On Fri, Jul 29th, 2022 by Saurenergy NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal. At […] Read more
