Author: Saur News Bureau

EDPR Acquires Majority Interest in Distributed Solar Platform C2 Omega

EDPR NA Distributed Generation will focus exclusively on downstream generation and energy efficiency services EDPR Renewables North America LLC (EDPR NA) announces the acquisition of a majority interest in C2 Omega LLC, the distributed solar platform of C2 Energy Capital LLC (C2). The new company, EDPR NA Distributed Generation, will be the exclusive provider of […]

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Pattern Energy Closes Financing of Largest Wind & Solar Energy Fund in Japan

Pattern Energy Group LP (Pattern Energy) has announced that it has closed the financing of a USD 515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one […]

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Dominion Energy Acquires 150 MW Solar Project in Ohio from Invenergy

Dominion Energy announced today that one of its subsidiaries has acquired the 150-megawatt (AC) Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Chicago-based Invenergy. Facebook will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project’s construction. “With this solar project, Dominion […]

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FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price

Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […]

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GM & Cruise Partner With Microsoft to Commercialise Self-Driving EVs

GM and Cruise have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving EVs. General Motors (GM) and Cruise, have announced that they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving electric vehicles (EVs).  As per the partnership agreement, the companies will bring together their […]

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Hartek Solar Commissions Rooftop Solar Project at a Panchkula Hospital

Hartek Solar has announced the commissioning of its latest rooftop solar project of 50 kWp capacity at a hospital in Panchkula. Chandigarh-based solar solutions provider Hartek Solar has announced the commissioning of its latest rooftop solar project of 50 kWp capacity at a hospital in Panchkula. As per the firm, the rooftop solar system at Alchemist Hospital will generate […]

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Kia Introduces Future Brand Ambition, Announces Release of First BEVs

Global mobility brand Kia has announced new details of its new brand purpose and ambitions for the future at a digital showcase event. It has come up with a new brand slogan ‘Movement that inspires’, which will see the company go beyond vehicle manufacturing to create sustainable mobility solutions for customers. Additionally, Kia has announced […]

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Taaleri SolarWind II Fund Invests in two Wind Farms in Poland Worth 51.4 MW

Taaleri SolarWind II fund invests in two ready-to-build wind farms in Poland with a combined capacity of 51.4 MW The Taaleri SolarWind II fund has, together with Masdar, one of the world’s leading renewable energy companies, acquired 100% ownership of the Mlawa and Grajewo wind farms. The wind farms are located in Northern Poland in […]

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