Green H2 to Become Low-cost in 12 Markets by 2030; Brazil, Chile to Lead Updated On Mon, Dec 13th, 2021 by Saurenergy The hydrogen boom is well underway, but not all hydrogen is created equal. A spectrum of hydrogen colours are in play – but the real game-changer will come when low-carbon green hydrogen costs become competitive in major markets, states Bridget van Dorsten, Hydrogen Research Analyst, Wood Machenzie. In a recent report by WoodMac, “Hydrogen Costs 2021: […] Read more
Energy Dome Offers a Step Forward For CCS Updated On Mon, Dec 13th, 2021 by Saurenergy Energy Dome, an Italian energy storage technology company founded in 2019, claims to use CO2 against climate change to develop long duration storage systems, based on Carbon Capture and Storage (CCS) Energy-related carbon dioxide emissions form the biggest share of emission worldwide and necessitating a decarbonization of the energy industry to solve the climate change […] Read more
Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu Updated On Fri, Dec 10th, 2021 by Saurenergy Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […] Read more
India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030 Updated On Fri, Dec 10th, 2021 by Saurenergy There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […] Read more
MNRE Gets Approval For Rs 454 Crore Spends To Support Renewables for the Next 5 Years Updated On Fri, Dec 10th, 2021 by Saurenergy The approvals, covering the period 2021-22 to 2025-26, have all been communicated this week. Covering the areas of supporting research and development (Rs 228 crores), Public Awareness (Rs 26 crores) and Human Resources Development ( Rs 200 crores), the idea is to provide the MNRE with funds to achieve key objectives. While readers will be […] Read more
TNERC Allows TANGEDCO To Get Away With 6% Interest On Delayed Payments Updated On Fri, Dec 10th, 2021 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has recently ruled in favour of a wind energy producer Rajaguru Spinning Mills Private Limited, directing the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to make payments to the producer with 6% interest per annum within a month. Aggrieved at delayed settlement of invoices pertaining to a wind […] Read more
Energy Major BP Acquires US EV Charging Provider Amply Power Updated On Thu, Dec 9th, 2021 by Saurenergy Energy giant BP has acquired Amply Power, an electric vehicle (EV) charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. By 2030, BP aims to nearly double earnings from its global convenience and mobility businesses – increasing from around $5 billion in 2019 – while delivering […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
Okaya Completes Installation Of First Super Charger for Kochi Water Metro Project Updated On Tue, Dec 7th, 2021 by Saurenergy Okaya has completed installation of its first super charger for Water Boat in Kochi Water Metro project. Okaya has commissioned 150KW CCS2 for the project, which is its first Water Boat project in India and second in the world. Okaya Power Group, which is one of the largest manufacturers and suppliers of EV Charging stations, […] Read more
