GCL and Powin Energy JV to Deliver Energy Storage Solutions Updated On Mon, Nov 18th, 2019 by Saurenergy GCL SI and Powin Energy have announced a JV, G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. GCL System Integration (GCL SI) and Powin Energy have announced a joint venture (JV), branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. “GCL SI has supplied over 18 GW of […] Read more
Tata Motors Wins 500 EVs Order from Lithium Urban Technologies Updated On Mon, Nov 18th, 2019 by Saurenergy Under this partnership, Tata Motors will supply its 400 newly launched Tigor Sedan EV, with an extended range of 213 km, by FY20, along with 100 other EVs like Nexon EV. Spanning development and supply of both commercial and passenger vehicles, Tata Motors said that it has received an order for 500 electric vehicles (EVs) […] Read more
US DOE Grants $43 mn for Carbon Capture and Storage Tech Development Updated On Mon, Nov 18th, 2019 by Saurenergy US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […] Read more
Asia Pacific’s Clean Energy Bill to hit $3.5 Trillion by 2040 Updated On Mon, Nov 18th, 2019 by Saurenergy New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydropower, collectively referred to as zero-carbon energy between now and 2040, under […] Read more
India Prepares to Become a Major Player in EV Sector Updated On Mon, Nov 18th, 2019 by Saurenergy A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […] Read more
LG Chem EV Battery Gigafactory in Poland to be Powered by EBRD Updated On Sat, Nov 16th, 2019 by Saurenergy EBRD has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Poland by LG Chem The European Bank for Reconstruction and Development (EBRD) has announced that it has extended a long-term loan of EUR 250 million to support the construction of an EV battery gigafactory in Wrocław […] Read more
DTEK Crosses 1 GW Mark in RE Generation With new 100 MW Wind Plant Updated On Sat, Nov 16th, 2019 by Saurenergy DTEK has commissioned the 100 MW Orlivska Wind Power Plant in Ukraine. In doing so, the company has put 1 GW of renewable energy in operation by 2020. DTEK in the partnership with the Danish company Vestas, the world’s leading wind turbine producer, has accomplished the construction of the Orlivska Wind Power Plant, a 100 […] Read more
Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps Updated On Sat, Nov 16th, 2019 by Saurenergy Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […] Read more
Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
