Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] 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
Engie Inaugurates Egypt’s Largest and First Private Wind Project Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Engie has announced that the firm and its consortium partners have now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Ras Ghareb project started commercial operation […] Read more
Geronimo Energy Begins Operation on 200 MW South Dakota Wind Farm Updated On Fri, Dec 6th, 2019 by Saurenergy Geronimo Energy has announced the start of the commercial operations for its Crocker Wind Farm, a 200 MW wind energy project located in South Dakota. Geronimo Energy, a wholly-owned subsidiary of National Grid Plc, has announced the start of the commercial operations for its Crocker Wind Farm, a 200 megawatt (MW) wind energy project located […] 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
BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more
Sembcorp to Increase Stake in Sembcorp Energy India Limited to 100% Updated On Thu, Dec 5th, 2019 by Saurenergy Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner to acquire the remaining 5.95% stake in Sembcorp Energy India Ltd Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner, Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri […] 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
