South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more
Stem Awarded 68 MWh Storage Projects to aid Low Income California Families Updated On Fri, Jan 8th, 2021 by Saurenergy Stem, an AI-driven storage systems provider, has bagged 68 MWh storage projects in the latest California SGIP Non-Residential Equity lottery. Stem Inc, a leading artificial intelligence (AI)-driven energy storage systems provider has announced that it, along with partners, has been awarded 68 megawatt-hours (MWh) in storage projects from the December 2020 California Self-Generation Incentive Program […] Read more
ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030 Updated On Thu, Jan 7th, 2021 by Saurenergy ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more
Ideanomics Acquires Wireless Charging Provider WAVE, Signs a Definitive Agreement Updated On Thu, Jan 7th, 2021 by Saurenergy New York based Ideanomics has announced the 100 percent acquisition of private wireless charger provider for heavy-duty electric vehicles (EVs), Wireless Advanced Vehicle Electrification (WAVE), Inc. The acquisition has been done by considering cash and stock, and the material terms which are disclosed in the Company’s related 8-K filing. While Roth Capital Partners acted as […] Read more
Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator Updated On Wed, Jan 6th, 2021 by Saurenergy US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker “ISUN”. […] Read more
FlexGen and CATL to Deliver 220 MWh Energy Storage in Texas Updated On Wed, Jan 6th, 2021 by Saurenergy FlexGen has teamed with CATL to install two 110 MWh stand-alone battery storage projects in Texas’ Hill Country. FlexGen, a leading energy storage technology solutions and services provider, has announced it has teamed with CATL, a global leader in the development and manufacturing of lithium-ion batteries for new energy vehicles and energy storage systems (ESS), to install […] Read more
Hero Future Energies Appoints Srivatsan Iyer as Global CEO Updated On Wed, Jan 6th, 2021 by Saurenergy Hero Future Energies, the renewable arm of Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Hero Future Energies (HFE), the renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Srivatsan will be taking over from industry veteran Sunil […] Read more
Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia Updated On Tue, Jan 5th, 2021 by Saurenergy Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […] Read more