Leyline Partners With Momentum to Invest in Growing Energy Storage Market Updated On Mon, Feb 8th, 2021 by Saurenergy Leyline Renewable Capital, a leading provider of pre-construction debt and equity capital for renewable energy development, announced a new partnership with Momentum Energy Storage Partners, an energy storage developer based in Columbus, Ohio. Leyline’s funding will facilitate the development of numerous renewable energy projects across the United States, including existing endeavours underway within the Pennsylvania, Jersey and Maryland Power Pool (PJM) […] Read more
Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore Updated On Mon, Feb 8th, 2021 by Saurenergy Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […] Read more
Palantir & bp Deepen Partnership, Accelerate Energy Transition Updated On Sat, Feb 6th, 2021 by Saurenergy Palantir Technologies Inc. and bp have extended their partnership to support bp as it works towards its ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. Palantir will provide its software to bp at the enterprise level, with global deployment across the organization in […] Read more
Ford Raises Investment in EV & AV Leadership Up To $29 Billion Updated On Fri, Feb 5th, 2021 by Saurenergy US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […] Read more
Finance Ministry Permits AP to Borrow Additional Rs 1515 Cr for Power Sector Reforms Updated On Fri, Feb 5th, 2021 by Saurenergy The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. As part of the reforms, the state has started the Direct Benefit Transfer (DBT) scheme of electricity subsidy to farmers with effect from September 2020. Thus, it […] Read more
Tata Power Reports Q3 Results, Strong Showing by Renewables Biz Updated On Fri, Feb 5th, 2021 by Saurenergy Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […] Read more
KPTL Acquires Brazilian Power T&D EPC Company Fasttel Engenharia Updated On Fri, Feb 5th, 2021 by Saurenergy KPTL has signed a definitive agreement to acquire a controlling take of 51 percent in Brazilian T&D EPC company Fasttel Engenharia. Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has announced that its wholly-owned subsidiary in Brazil – Kalpataru Power do Brasil Participações has signed a […] Read more
EESL to Implement Clean Energy and Energy Efficiency Projects for Coal India Updated On Fri, Feb 5th, 2021 by Saurenergy EESL has signed an MoU with Coal India Limited (CIL) to execute energy efficiency and clean energy projects for CIL and subsidiaries. Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, has announced that it has signed a Memorandum of Understanding (MoU) with Coal India Limited […] Read more
Renewance Receives Battery Recycling Prize from the US Department of Energy Updated On Thu, Feb 4th, 2021 by Saurenergy Illinois-based battery-lifecycle management company Renewance has been awarded for innovations in battery collection, reuse, and recycling. Battery-lifecycle management company Renewance, Inc., was one of seven recipients of the Phase II Lithium-Ion Battery Recycling Prize, awarded by the U.S. Department of Energy (DOE), on December 17, 2020. The Battery Recycling Prize supports the DOE’s Energy Storage Grand Challenge, […] Read more
