GM to Power US Production Sites with 100% RE by 2025 Updated On Fri, Oct 1st, 2021 by Saurenergy General Motors (GM) has revealed that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. GM aims to avoid 1 million metric tons of carbon emissions that would have […] Read more
REI 2021 | Conversation with Sudhir Moola, Director at Premier Energies Updated On Fri, Oct 1st, 2021 by Saurenergy Premier Energies, after the recent expansion of its manufacturing facility for solar modules and cells, has become one of the largest manufacturers based out of South India. The Telangana based firm has ramped up capacities at a time when demand for solar power is set to shoot to all time highs for the next […] Read more
Koch Invests in Li-Cycle and Other Firms in EV Value Chain Updated On Fri, Oct 1st, 2021 by Saurenergy US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […] Read more
EV Maker Nexzu Mobility Ships Orders to Australia, Europe & GCC Updated On Fri, Oct 1st, 2021 by Saurenergy Indian electric vehicle (EV) maker Nexzu Mobility has shipped out some initial orders to Australia, Gulf Cooperation Council (GCC), and Europe and is currently in discussions to close deals with the UK and a few African countries. “Our range of products has been developed after months of R&D to perfectly suit the needs of our […] Read more
CESL Launches Grand Challenge for E-Buses Deployment in 9 Cities Updated On Fri, Oct 1st, 2021 by Saurenergy In an attempt to boost the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the ‘Grand Challenge’ – a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings […] Read more
MNRE Releases Updated ALMM List With 8 New Additions Updated On Fri, Oct 1st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective September 29, 2021, with the certifications valid to September 28, 2023, or two years. Unlike the few number of additions in the last list — three […] Read more
PVEL Launches Crowd Power PQP To Deliver Inverter Performance Updated On Fri, Oct 1st, 2021 by Saurenergy PV Evolution Labs, a leading global testing lab for the downstream solar and storage industry, has launched what it calls the Crowd Power Performance Qualification Program (PQP) to provide inverter buyers with an independently collected and managed data set to identify and avoid problem inverters, as the firm calls it. With the program, PVEL claims […] Read more
EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round Updated On Thu, Sep 30th, 2021 by Saurenergy BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […] Read more
Sembcorp Raises S$675 M Sustainability-linked Bond, IFC Gives S$150 M Updated On Thu, Sep 30th, 2021 by Saurenergy Sustainable solutions provider Sembcorp Industries has launched a sustainability-linked bond (SLB) in Singapore, raising S$675 million for Pan-Asian energy, marking its latest phase in the transition to a net-zero future. Sembcorp received an investment of S$150 million from IFC, a member of the World Bank Group that is the largest global development institution focused on the […] Read more
