GM Begins Hiring for its ‘Ultium Cells’ EV Battery Manufacturing Facility Updated On Tue, Nov 10th, 2020 by Saurenergy Ultium Cells LLC, a JV of GM and LG Chem that will mass-produce Ultium battery cells for electric vehicles (EV) is looking to hire 1,100 employees. General Motors (GM) has continued its march towards an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium Cells battery cell manufacturing facility in Lordstown, Ohio. […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Nalanda University Tenders for 5 MW Solar System Updated On Tue, Nov 10th, 2020 by Saurenergy Nalanda University – Rajgir, has proposed a tender for settling up of 5000 KW AC capacity grid-connected solar PV system at the permanent campus (Phase I). Nalanda University – Rajgir, has proposed a tender for settling up of 5000 KW AC, 1.3ILR/6.5DC capacity grid-connected ground-mounted solar PV system at the permanent campus (Phase I). The […] Read more
Storage Emerging As Issue For Europe’s RE Growth Updated On Mon, Nov 9th, 2020 by Saurenergy Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […] Read more
Fortum Partners up to Boost EV Charging Infrastructure Growth in India Updated On Mon, Nov 9th, 2020 by Saurenergy To bolster EV charging infrastructure in India, Fortum signed an agreement whereby Finnfund will invest in a minority share of Fortum Charge and Drive India To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority […] Read more
Sterling And Wilson Solar Continues European Push With New Office In Spain Updated On Mon, Nov 9th, 2020 by Saurenergy Sterling and Wilson Solar Limited, has opened its new office in Spain. Located in Seville, the office will serve as the firm’s headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among others. Mr. Vikas Bansal, Regional Head – Europe said, “We see this office opening as an important step […] Read more
EV Startup Ather Energy Raises $35 Mn in Latest Funding Round Updated On Mon, Nov 9th, 2020 by Saurenergy Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […] Read more
Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September Updated On Mon, Nov 9th, 2020 by Saurenergy The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […] Read more
Capstone Infrastructure Corporation Announces Claresholm Solar Project Financing Updated On Mon, Nov 9th, 2020 by Saurenergy Capstone Infrastructure Corporation has announced a Claresholm Solar Project financing update. On July 9, 2020, Claresholm signed a credit agreement with ATB Financial, Fiera Infrastructure Private Debt Fund LP and Telus Pensions Liability Hedging Master Trust to provide up to $115 million of construction to term financing for the 132 MWac Claresholm Solar Project, located in […] Read more
