LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
Lightsource bp to leverage Envision Digital’s AIoT platform for Net Zero Updated On Wed, Mar 23rd, 2022 by Saurenergy Major solar developer Lightsource bp has entered a multi-year, global partnership with Envision Digital International Pte Ltd, a Singapore-headquartered Artificial Intelligence and Internet of Things (AIoT) software company, to accelerate the growth and optimisation of solar power, in the fight against climate change. Lightsource bp is targeting the development of 25GW of solar power projects globally by […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Crayon Motors Launches Electric Scooter – Envy Updated On Wed, Mar 23rd, 2022 by Saurenergy Crayon Motors has launched its second low-speed electric scooter – Envy for the Indian markets. The scooter comes with a spacious boot space and a unique keyless start. The price of the scooter starts at Rs. 64,000 and comes in four colors: white, black, blue, and silver. The company is offering a 24-month warranty on […] Read more
Shell Announces 17 GW Offshore Wind Projects in Brazil Updated On Tue, Mar 22nd, 2022 by Saurenergy Global oil and gas conglomerate Shell has announced that it has applied for environmental investigation licences with Institute for the Environment and Natural Resources (IBAMA), Brazil, for the development of six offshore wind projects. The total capacity of the six projects comes up to 17 GW. Shell has overtaken Ventos do Atlântico that has 15 GW licenses […] Read more
“OEMs and freight transporters need stronger financial support”, Satyakam Arya, Daimler India CV’s Updated On Tue, Mar 22nd, 2022 by Saurenergy The BharatBenz brand, even as it becomes more visible on the roads in India, is also looked upto for the pedigree and technology access it has. To that extent, the company behind it, Daimler India Commercial Vehicles Pvt Limited (DICV),. faces a tough ask to lead the changes needed to clean up the commercial transportation […] Read more
UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021 Updated On Tue, Mar 22nd, 2022 by Saurenergy UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
