Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
Pune’s FLASH Collaborates with Poland’s Elimen Group for EV Parts Updated On Fri, Nov 11th, 2022 by Saurenergy To produce traction motors and controllers for Electric Vehicles (EVs) in India, Pune-based FLASH, a maker of electronic and electrical components, has formed a technical partnership with Poland’s Elimen Group, a renowned designer and developer of electromobility solutions. Beyond electric two- and three-wheelers, FLASH will now increase its market share in the emerging electric passenger […] Read more
Ioniq 5: India’s First Global Battery Electric Platform from Hyundai Updated On Fri, Nov 11th, 2022 by Saurenergy Hyundai Motors India, the second largest auto seller in India, continues to firm up its EV plans for the country. With the release of its future model, the Ioniq 5, which is scheduled to make its world debut at the Auto Expo in January of next year, Hyundai Motor India said that it will bring […] Read more
Source Galileo JV Sets Sights on 5 GW Renewable Energy Development Updated On Thu, Nov 10th, 2022 by Saurenergy Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities […] Read more
Erisha E Mobility in JV with German Partner Greenbox for Green Hydrogen Business Updated On Thu, Nov 10th, 2022 by Saurenergy Erisha E Mobility, an entity of Rana Group, that envisions manufacturing, distributes, and exports electric vehicles segment and hydrogen fuel cell buses, has entered into a Joint Venture with German partner Greenbox Global Holding (Greenbox), incorporating Erisha Hydrogen India Private Limited. What the JV offers The JV aims to offer solutions for sustainable energy production, […] Read more
OYA Renewables, Oil Well Shares Form JV to Develop 3 GW Renewables Updated On Thu, Nov 10th, 2022 by Saurenergy North American energy transition solutions platform, OYA Renewables and Appalachian-based energy major Oil Well Shares have announced the formation of Chrysalis Energy, a joint venture by the two for the development and construction of community and utility-scale solar, wind and energy storage infrastructure projects across the PJM region. PJM is part of the Eastern Interconnection […] Read more
Three EV Infra Players & Mahindra Collaborate on Charging Solutions Updated On Thu, Nov 10th, 2022 by Saurenergy Mahindra & Mahindra announced that it has partnered with Jio-bp, Statiq, and Charge+Zone (Three EV Infrastructure Players) to provide charging options for its next lineup of passenger electric vehicles. The Mumbai-based automaker said in a statement that thanks to these agreements, Mahindra EV users would have seamless access to a reliable fast-charging infrastructure and e-mobility […] Read more
Amazon Partners with TVS Motor to Expand Indian EV Segment Updated On Wed, Nov 9th, 2022 by Saurenergy Amazon India and TVS Motor Company recently announced a partnership to deploy electric two- and three-wheelers, significantly advancing the country’s transition to electric mobility. As part of this partnership, a fleet of TVS Motor electric two- and three-wheelers will be used for Amazon’s last-mile deliveries. Additionally, the two businesses will test TVS Motor’s electric vehicle […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more