Hygenco & Jindal Stainless Collaborate for Green Hydrogen Updated On Thu, Aug 18th, 2022 by Saurenergy Haryana-based Green Hydrogen solutions developer, Hygenco India has signed a long-term green hydrogen offtake agreement with Jindal Stainless Limited. Under the terms of the agreement, Hygenco will be responsible for building, owning, and operating a multi-megawatt green hydrogen facility for 20 years. Jindal Stainless Ltd will be able to reduce its carbon emissions by approximately […] Read more
ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project Updated On Thu, Aug 18th, 2022 by Saurenergy ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector Updated On Wed, Aug 17th, 2022 by Saurenergy The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […] Read more
Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report Updated On Wed, Aug 17th, 2022 by Saurenergy The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […] Read more
Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project Updated On Wed, Aug 17th, 2022 by Saurenergy US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […] Read more
Hy2gen, Technip Energies Begin Feasibility Studies On Renewable Fuels Updated On Wed, Aug 17th, 2022 by Saurenergy Germany based company Hy2gen, which builds and operates plants for green hydrogen production and France based Technip Energies- a leading provider of services for low carbon energy market, have said that they are launching the feasibility studies phase for the Hynovera project in Meyreuil, Bouches-du-Rhône, France. The project aims to produce renewable fuels for aviation […] Read more
Canada, Germany All Set To Ink New Hydrogen Deal Updated On Tue, Aug 16th, 2022 by Saurenergy Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […] Read more
