Hyundai Invests in IONITY to Democratise High-Power EV Charging Network Updated On Tue, Sep 10th, 2019 by Saurenergy Hyundai alongside Kia has announced its investment in IONITY to further enhance the availability of EV charging stations with convenience benefits for its customers Hyundai Motor Company alongside Kia Motors Corporation has announced its investment into IONITY, a joint venture established by global automakers. Under the agreement, Hyundai and Kia, affiliated automotive companies for Hyundai […] Read more
Innolia Energy Invests Rs 225 cr in PV Modules, EV Products Manufacturing Updated On Tue, Sep 10th, 2019 by Saurenergy Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and EV products US-based Innolia Energy has recently announced that it has launched a project entailing an investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric […] Read more
Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock Updated On Mon, Sep 9th, 2019 by Saurenergy Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […] Read more
European Utilities, Strategic Vendors Dominate EV Charging M&A Activity Updated On Mon, Sep 9th, 2019 by Saurenergy Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […] Read more
SECI Extends Bid Deadline for two Solar Tenders Worth 2700 MW Updated On Mon, Sep 9th, 2019 by Saurenergy SECI has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The nodal agency has extended the bid submission deadline […] Read more
Payment Dues to Renewable Firms Now at Rs 9735.6 Crore Updated On Mon, Sep 9th, 2019 by Saurenergy The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […] Read more
UN HQ Gets Solar Panels as Goodwill Gift From India Updated On Sat, Sep 7th, 2019 by Saurenergy The UN Building in New York will now be powered by solar panels, given as a goodwill gesture by India to promote clean and renewable energy The UN Head Quarters and office in the New York will now be powered by Solar Panels. These installed panels on the roof of the building are a gift […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
Solar Leads as RE Investment Skyrocket Past $2.5 Trillion Updated On Fri, Sep 6th, 2019 by Saurenergy In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […] Read more