AMPYR gets $455m for 2GW of new solar energy projects Updated On Fri, Feb 18th, 2022 by Saurenergy European conglomerate AMPYR Solar Europe (ASE) has secured a massive facility of $455 million or €400 million that will enable the company to establish about 2GW of solar power capacity into operation. This project will span the entire Europe and shall be complete by 2025. The facility has been secured from CarVal Investors. AMPYR Solar […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
European Scientists Set Nuclear Fusion Energy Record Updated On Fri, Feb 11th, 2022 by Saurenergy European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […] Read more
ABB India Launches New Range of Smart Meters for Energy Management Updated On Wed, Feb 9th, 2022 by Saurenergy Energy management is one of the biggest challenges in business applications and has a huge impact on the cost of operations. Seeking to ensure optimal energy efficiency, ABB India has launched a new series of electrical measuring and power monitoring meters for the digital panel meter market which is growing at a CAGR of 6% […] Read more
Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus Updated On Fri, Feb 4th, 2022 by Saurenergy Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […] Read more
Ather Energy, Karnataka ESCOMs to Set Up 1,000 E2W Charging Stations Updated On Fri, Feb 4th, 2022 by Saurenergy A Memorandum of Understanding(MoU) was signed between electric two-wheeler maker Ather Energy and Electric Supply Companies (ESCOMs) of Karnataka in the presence of Chief Minister Basavaraj Bommai on Thursday for setting up 1,000 fast-charging stations across the state. The ESCOMs would be the nodal agency to provide all technical support and government agencies would coordinate […] Read more
Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy Updated On Mon, Jan 24th, 2022 by Saurenergy Massachusetts, US based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and Stellantis. The startup said that the money will help commercialise its solid state batteries for use in EV’s and more faster. Factorial Energy has developed a 40 Ah version of solid-state […] Read more