Energy Vault to Help Korea Zinc Subsidiary Produce Green Zinc Updated On Mon, Jan 10th, 2022 by Saurenergy Energy Vault is partnering with Korea Zinc, a company involved in non-ferrous metal smelting production, such as that of zinc, lead, silver and rare metal indium, for renewable energy storage. Through this partnership, Korea Zinc aims to decarbonize its refining and smelting operations, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies expect to […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding Updated On Thu, Jan 6th, 2022 by Saurenergy PosiGen, a leading New Orleans, US based provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, has confirmed the close of a $100 million preferred equity financing. Magnetar Capital’s Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen’s Board of Directors. Existing […] Read more
NHPC, GEDCOL to Set Up 500MW Floating Solar Projects in Odisha Updated On Thu, Jan 6th, 2022 by Saurenergy State-owned hydropower giant NHPC on Wednesday said it has signed a pact with Green Energy Development Corporation of Odisha Ltd (GEDCOL) to form a joint venture (JV) for setting up a 500-megawatt (MW) floating solar power projects in Odisha. “Promoters agreement has been signed on January 4, 2022, between NHPC Limited and Green Energy Development […] Read more
IEX December Updates- Drop in Green Market, REC Volumes Updated On Thu, Jan 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […] Read more
Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets Updated On Wed, Jan 5th, 2022 by Saurenergy Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […] Read more
CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena Updated On Wed, Jan 5th, 2022 by Saurenergy For California-based Heliogen Inc., a provider of AI-enabled concentrated solar power, 2021 has been an exciting year, peppered with attractive investments from and valuable collaborations with major companies, especially in the mining and metals industry. Founded in 2013, Heliogen aims to alleviate the intermittency issues of renewable power generation sources. Its technology is designed to […] Read more
The Year 2021 For SaurEnergy. Learnings, Gratefulness and Plans For 2022 Updated On Wed, Jan 5th, 2022 by Saurenergy Dear Reader, Usually, when we write an article to be published, it is done with a very clear focus that it should meet either of two clear objectives. Deliver hard news to you, or provide an insight that will help you get a better understanding of the renewable sector. In the latter of course, we […] Read more
Solar Innovation In Rooftop Set to Boom Updated On Tue, Jan 4th, 2022 by Saurenergy Rooftop solar has been a very popular choice in recent years for markets like the US and Australia, where they are being seen as solutions to not just lower emissions, but also secure energy for owners in difficult situations. In the last decade alone, in the U.S, the number of solar panels installed has gone […] Read more
