Author: Saur News Bureau

Phillips 66 to Cut 30% Greenhouse Gas Emissions by 2030

U.S Refiner Phillips 66 plans to reduce greenhouse gas emissions intensity from its operations and energy products by 2030, setting impactful, attainable and measurable targets for the company. The company plans to reduce Scope 1 and Scope 2 emissions intensity from operations by 30% and Scope 3 emissions intensity of its energy products by 15%, […]

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REI 2021 | Conversation with Sudhir Moola, Director at Premier Energies

Premier Energies, after the recent expansion of its manufacturing facility for solar modules and cells, has become one of the largest manufacturers based out of South India.  The Telangana based firm has ramped up capacities at a time when demand for solar power is set to shoot to all time highs for the next […]

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GoodWe Hits The Road In Europe With Solar Roadshow

With Covid unlock in progress in more and more regions, Solar firms have taken to innovative marketing programs to get back in touch physically with their customers and key stakeholders like installers. The GOODWE SOLAR ROADSHOW 2021, organized by GoodWe and its partners in Poland, was aimed at giving new and existing GoodWe installers the […]

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EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round

BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […]

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Jharkhand Misses Alt Energy Target, Govt Data Shows

Jharkhand has been a habitual defaulter in meeting the renewable energy purchase obligation (RPO) as mandated by the Centre for achieving the ambitious dream of 175GW power through renewable sources by 2022. RPO is a mechanism by which the obligated entities which includes discoms, open access consumers and captive power producers, are obliged to purchase […]

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Battery Ventures Acquires Specialty Materials Supplier Goodfellow

Battery Ventures, a technology-focused investment firm, has acquired Goodfellow, a specialist supplier of high-quality materials for research and development, prototyping and specialized manufacturing. Terms of the transaction were not disclosed. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from six strategic […]

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McDermott Joins AquaVentus Consortium for Green H2 Production

Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […]

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GenCell Introduces Long-duration Backup Solution for Telecom

GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions, has launched its latest long-duration backup power solution, the GenCell Backup Operations eXtender (BOX)™, which is an efficient and reliable alkaline fuel cell technology specifically designed to meet the challenging backup power requirements of telecom and critical communications operations. In a world plagued by ever more […]

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Energize Ventures Raises $330 M to Advance Sustainable Tech

Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […]

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