Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy Updated On Tue, Apr 9th, 2024 by Saurenergy Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […] Read more
BESS Safety Report Highlights Need for Enhanced Safety Standards Updated On Tue, Apr 9th, 2024 by Saurenergy A recent report has shed light on the adoption of BESS and has found that recent incidents of battery-related fires and explosions in Germany have underscored the urgent need for enhanced safety standards in BESS installations. It also found that the market is experiencing rapid growth, notably within the residential sector, with Germany emerging as […] Read more
Quinbrook Fund Gets $600 Million Investment For 2.65 GW US Solar + Storage Projects Updated On Mon, Apr 8th, 2024 by Saurenergy Quinbrook Infrastructure Partners, a global investment manager focused exclusively on the infrastructure needed for the energy transition has announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors. The Fund is a continuation of the large-scale solar+storage strategy of Quinbrook’s Low Carbon […] Read more
JSW Energy Leads Among Green Stocks With +5.19% Rise Updated On Mon, Apr 8th, 2024 by Saurenergy In our new tracker for Green Energy stocks, we will bring you a daily update on the green energy stocks and their price movement on the Bombay Stock Exchange (BSE). It’s a sector that deserved to be covered, not just because of the hype and visibility that has taken many of these shares to lifetime […] Read more
MG Motor Partners With Adani Gas To Setup EV Charging Stations Updated On Mon, Apr 8th, 2024 by Saurenergy Adani Gas inked a memorandum of understanding (MoU) with MG Motor India regarding electric vehicle (EV) charging infrastructure under which ATEL plans to install CC2 60 kW DC chargers at future MG dealerships. It plans to additionally offer “a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure.” According to the statement, […] Read more
US Clean Energy Firms To Develop 200 MW New York RE Project Updated On Mon, Apr 8th, 2024 by Saurenergy Transatlantic clean energy firm Alternus Clean Energy and Acadia Energy have come together for a joint venture to develop 200 megawatts (MW) of Sustainability Hub microgrid projects in New York State. According to a media statement by Alternus Clean Energy, over the next 2-3 years, the joint venture will concentrate on both developing and managing […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
To Meet AgriPV Capacity Of 20 GW In India By 2040, 1.1 Lakh Jobs To Be Created-Report Updated On Mon, Apr 8th, 2024 by Saurenergy India’s potential for Agri-Photovoltaic (APV) varies significantly across districts, ranging from 3,156 GW to 13,803 GW for various APV technologies according to recent report. In a report by the Fraunhofer Institute for Solar Energy Systems, EY, and CSTEP they projected APV capacity from 2024 to 2040, to achieve a cumulative addition of 20 GW and […] Read more
Hyundai-Kia Signs MoU With Exide Energy For India EV Batteries Updated On Mon, Apr 8th, 2024 by Saurenergy South Korea-based auto companies Hyundai Motor Company (HMC) and Kia Corporation have announced a partnership with India’s Exide Energy Solutions Ltd to make electric vehicle batteries in the country. The companies have signed a Memorandum of Understanding (MoU) regarding manufacturing the EV batteries in India, reported news agency Reuters. According to the report, the South […] Read more
