EV Manufacturer Rivian Sets Sights for IPO This Year Updated On Wed, Feb 10th, 2021 by Saurenergy Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter. The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […] Read more
Perovskites Poised to Disrupt Solar Supply Chains Everywhere: Rethink Tech Updated On Wed, Feb 10th, 2021 by Saurenergy Perovskite seems to have been with us for a decade and so far it has not changed anyone’s life, changed the price of solar, or eaten into any company’s profit. And according to a new report, it’s about to. The report finds that Perovskite solar will invade conventional solar in 3 distinct ways, beginning in […] Read more
National Hydrogen Energy Mission Document to be Finalised This Month Updated On Wed, Feb 10th, 2021 by Saurenergy The draft National Hydrogen Mission document has already gone through the consultation process and is expected to be finalised in February 2021 In the Budget Speech 2021-22, Finance Minister Nirmala Sitharaman proposed to launch a National Hydrogen Mission for generating hydrogen from green power sources. The ministry has now announced that the draft mission document […] Read more
RE Projects can get Further Extension in Exceptional Cases: MNRE Updated On Wed, Feb 10th, 2021 by Saurenergy MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […] Read more
India to see Largest Increase in Energy Demand in the World by 2040: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy India is set to experience the largest increase in energy demand of any country over the next 20 years as its economy continues to develop India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path […] Read more
Amazon Announces its Largest Single Renewable Energy Project Updated On Tue, Feb 9th, 2021 by Saurenergy Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […] Read more
Belltown Completes Development & Sale of 750 MW Solar Projects in 2020 Updated On Tue, Feb 9th, 2021 by Saurenergy Belltown Power Texas, a leading developer of utility-scale solar projects, has completed the development and sale of five projects adding up to 750 MW during the course of 2020, which brings the total Belltown track record to 930MW. Belltown specializes in greenfield development of projects, starting with site identification and navigating interconnection, real estate, permitting, […] Read more
Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries Updated On Tue, Feb 9th, 2021 by Saurenergy Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […] Read more
Dexler Energy to Develop 13 MW Rooftop Solar Plants for Sunvik Steels Updated On Tue, Feb 9th, 2021 by Saurenergy Sunvik Steels has partnered with Dexler Energy to develop rooftop solar plants of 13 MW capacity across 2 facilities of Sunvik near Bangalore Sunvik Steels, an integrated steel manufacturer in India has announced that it has partnered with Dexler Energy for its solar power plans. Dexler has been selected to develop the rooftop solar plants […] Read more