American Battery Solutions Launches Storage Solutions Product Line Updated On Wed, Aug 24th, 2022 by Saurenergy Commercial and industrial advanced battery systems manufacturer, American Battery Solutions, has announced its new Energy Storage System division branded as ‘ABS ESS.’ According to American Battery Solutions, ABS ESS has unveiled TeraStor, its new lithium-ion battery energy storage platform, specifically for large-scale energy storage projects. Additionally, ABS ESS has also released StorView, its Energy Management […] Read more
Marsh Launches Insurance Facility For Green & Blue Hydrogen Project Risks Updated On Wed, Aug 24th, 2022 by Saurenergy Global insurance broker and risk advisor Marsh has announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and existing green and blue hydrogen energy projects. Marsh said that the facility is developed by the company in collaboration with insurers Liberty Specialty Markets and AIG. The facility provides […] Read more
IREDA Inks MoU with Bank of India for Co-Lending for RE Projects Updated On Wed, Aug 24th, 2022 by Saurenergy To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […] Read more
Genpact & Climate Vault Join Hands to Accelerate Transition to Co2-Free Future Updated On Wed, Aug 24th, 2022 by Saurenergy Chicago-based award-winning non-profit organization Climate Vault and New-York-based multinational professional services provider company Genpact have announced their collaboration yesterday (23rd August 2022). According to both companies, under this collaboration, they are combining Genpact’s technology and digital transformation expertise with Climate Vault’s quantifiable, integrated approach to carbon reduction and removal. By addressing the critical need for […] Read more
Korea’s Largest Hydrogen Production Complex Ready in Gyeonggi Province Updated On Wed, Aug 24th, 2022 by Saurenergy Gyeonggi Provincial Government of South Korea has announced that a hydrogen production complex capable of supplying fuel for 410,000 hydrogen vehicles per year is opened in Pyeongtaek City in the Province. As per the official statement by the government, it is the first of its kind in the Korean capital region. Gyeonggi Province expects that […] Read more
Indian Multinational INOXCVA Flags off India’s Largest Liquid Hydrogen Tank Updated On Tue, Aug 23rd, 2022 by Saurenergy Gujarat-based manufacturer of cryogenic equipment and solutions, INOXCVA has flagged off the largest bulk liquid hydrogen storage tank ever made in India. Built with a massive storage capacity of 238 m3, the tank embarked on its journey from INOXCVA’s Kandla facility to its destination for a clean energy demonstration project in South Korea. This bulk […] Read more
Sterling and Wilson Emerges As L1 Bidder for NTPC Khavda RE Park Order Updated On Tue, Aug 23rd, 2022 by Saurenergy Read more
Maharashtra Experienced 30,000 Power Outages in June 2022: MSEDCL Updated On Tue, Aug 23rd, 2022 by Saurenergy In June of this year, there were over 30000 power outages across the state of Maharashtra, causing consumers to suffer for approximately 51,000 hours. This data was released in the recently published Maharashtra State Electricity Distribution Company Limited (MSEDCL) reliability indices, which reflect the state power utility’s service on various parameters, including the total number […] Read more
Norway’s Norfund Commits Investment In Solar Energy Project in Rajasthan Updated On Tue, Aug 23rd, 2022 by Saurenergy The Norwegian Climate Investment Fund has said that it has entered into an agreement to take a 49% stake in a 420 MW solar power plant in Rajasthan, India, that is developed by Italy-based energy provider, Enel. With the investment, Norfund has within a short time put a total of NOK 1.8 billion to work […] Read more
