Author: Saur News Bureau

TotalEnergies takes 50% stake in Clearway

Leading french energy player, TotalEnergies, has announced that it is acquiring a 50% stake in Clearway Energy Group (CEG) which is the 5th largest US renewable energy player. The deal is being done in association with Global Infrastructure Partners (GIP). This is the third largest acquisition in renewable energy in America which itself is one […]

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Volta to launch its Solid-State Batteries in 2023

Chinese battery major Volta Technology Limited has announced that it would roll out its solid-state batteries from its pilot production line in Shenzhen in early 2023. Solid-state batteries are referred to as ‘the next-generation battery product,’ which are often called safer and more powerful than traditional lithium-ion batteries. Volta Technology claims that an electric vehicle […]

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SolarEdge Opens 2GWh New Battery Cell Facility in South Korea

SolarEdge Technologies, Inc. (“SolarEdge”), the Israel-based inverter major and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, have announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungbuk, South Korea, Sella 2 is currently producing test […]

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Kona Energy Will Develop 200 MW Battery

British energy storage developer Kona Energy has recently secured permission to plan and develop a 200 MW battery at Heysham on Morecambe Bay in Lancashire. Once developed the battery will also replace local grid services due to be lost when the Heysham 1 and 2 nuclear reactors are decommissioned, in 2024 and 2028. Besides, the […]

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Delhi Govt Launches New Scheme Of Incentives To Buyers Of Electric Cycles

Delhi government has finally announced its promised incentive scheme for electric cycles to achieve twin objective of pollution free road transport and reduce pressure on the fossil fuel guzzling transport buses. The new scheme was announced on May 26 and shall be applicable for the first 10,000 e-cycles, both passenger and cargo. According to the […]

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Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL

Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March […]

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Iraq investing $680 million in renewable energy projects

Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […]

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Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway

Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […]

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Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power

Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […]

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