Israeli RE Investor Econergy Secures €200 M for JVs in Poland, Romania Updated On Tue, Feb 22nd, 2022 by Saurenergy Renewables investor Econergy Renewable Energy has announced that it has secured two joint ventures to support the development of renewable energy projects in Poland and Romania. The joint ventures are with Israel’s Phoenix Insurance and French asset manager RGreen Invest, totalling more than 200 million euros ($227 million), Econergy said in a statement. Phoenix Insurance […] Read more
Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
C4V Introduces Advanced LiSER Technology in India Updated On Mon, Feb 7th, 2022 by Saurenergy Charge CCCV (C4V), the U.S based battery technology provider, introduces LiSER battery technology in India. Lithium slim energy reserve (LiSER), a unique cell technology platform brings a revolutionary cell technology platform to address the challenges including supply chain, cost, and battery performance. The firm claims that LiSER’s solid structural design and industry-leading low carbon footprint enhance […] Read more
Kimberly-Clark India adds 1.7 MW Solar plant Updated On Fri, Feb 4th, 2022 by Saurenergy Even as India has committed to a net zero target by 2070, expectations from corporates is naturally higher, as they are better resourced and agile. The $19.1 billion (FY 2020) Kimberly-Clark Corporation, through its Indian subsidiary, Kimberly-Clark India has a significant presence in the consumer market too, and now, seeks to lead the change when […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022 Updated On Tue, Jan 18th, 2022 by Saurenergy A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […] Read more
Fortum Charge-Plug Mobility To Boost Indian EV Charging Infra for 4Ws Updated On Wed, Dec 8th, 2021 by Saurenergy Plug Mobility from Carzonrent India Private Limited, an Electric Vehicle Mobility as a Service brand, has partnered with Fortum Charge & Drive India Pvt. Ltd. (Fortum C&D), a Nordic Electric Vehicle (EV) charging service provider, to provide charging infrastructure for Carzonrent fleet of 19000 cars to be inducted over the next 5 years across India. […] Read more
New SiemensGamesa Turbine for Vattenfall’s Big UK Offshore Wind Farms Updated On Thu, Nov 11th, 2021 by Saurenergy Siemens Gamesa has been named Nominated Preferred Supplier by Vattenfall for the 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of the new SG 14-236 DD offshore wind turbines and a multi-year service agreement. Located between 47 – 72 km off the English east coast, the agreement […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
