European Offshore Wind Companies Push Into Asian Offshore Wind Market Updated On Wed, Oct 26th, 2022 by Saurenergy The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […] Read more
Are Tulip Turbines Favourable To India? Updated On Tue, Oct 25th, 2022 by Saurenergy Wind farms harness wind and generate renewable energy. But windmills are out of context for practical reasons when it comes to developing renewable energy around the city or in the city. The industry is trying to invent and innovate technology to find some breakthrough to counter the problems of size and space when we talk […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
Tata Motors to deliver 2000 XPRES T EVs to E-Cab Firm Evera Updated On Thu, Oct 20th, 2022 by Saurenergy India’s auto major Tata Motors has signed an agreement with Evera, one of the earliest EV only – ride-hailing platform in Delhi NCR region, for delivering 2,000 XPRES T electric vehicles. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator. Tata Motor held that the decision […] Read more
Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
Stargate Hydrogen Launches Next-Gen Gateway Electrolyser Product Family Updated On Thu, Oct 20th, 2022 by Saurenergy Estonia-based Stargate Hydrogen, a developer of electrolysis technology, has launched its Gateway product family, comprising of containerized green hydrogen production systems of up to 10 MW in size. Addressing the Problem Statement Stargate Hydrogen is addressing the problem of high levelized cost in hydrogen production via electrolysis. While alkaline technology is the most reliable and […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
GUVNL Invites Bids for 300 MW Wind Power Project Phase IV Updated On Thu, Oct 20th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has floated a tender the phase IV of 300 MW grid-connected for the purchase of power through a competitive bidding process. This project will be a grid-connected wind power project to be set up anywhere in India with an additional 300 MW capacity under the ‘Greenshoe Option’ for compliance […] Read more